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019 ▼a 809807626 ▼a 813209372 ▼a 903698877
020 ▼a 9781475589146 ▼q (electronic bk.)
020 ▼a 147558914X ▼q (electronic bk.)
020 ▼z 147558914X
0248 ▼a 10.5089/9781475589146.001
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0291 ▼a DEBSZ ▼b 481278087
035 ▼a (OCoLC)867109997 ▼z (OCoLC)809807626 ▼z (OCoLC)813209372 ▼z (OCoLC)903698877
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050 4 ▼a HG3881.5.I58 ▼b W67 No. 224eb
072 7 ▼a BUS ▼x 027000 ▼2 bisacsh
08204 ▼a 332.0981 ▼2 23
1001 ▼a Park, Joonkyu.
24510 ▼a Brazil's capital market : ▼b current status and issues for further development/ ▼c prepared by Joonkyu Park.
260 ▼a Washington, D.C.: ▼b International Monetary Fund, ▼c 2012.
300 ▼a 1 online resource (21 pages).
336 ▼a text ▼b txt ▼2 rdacontent
337 ▼a computer ▼b c ▼2 rdamedia
338 ▼a online resource ▼b cr ▼2 rdacarrier
4901 ▼a IMF working paper, ▼x 2227-8885; ▼v WP/12/224
500 ▼a Available in PDF, ePUB, and Mobi formats on the Internet.
500 ▼a "Western Hemisphere Department."
500 ▼a "September 2012."
504 ▼a Includes bibliographical references.
5203 ▼a Capital market development in Brazil is a key policy issue going forward to foster savings, investment and absorptive capacity in a context of prospects for sizable capital flows in the medium term. During the last decade, Brazil has achieved substantial progress in capital market development. The menu of available financial instruments has been expanded, market infrastructure has been reformed and strengthened, and a diversified investor base has been built. Nonetheless, Brazil?s capital markets are still facing a number of challenges including prevalent short-term indexation, investors? risk aversion to long-term fixed rate bonds, still low liquidity in the secondary market, and managing the role of BNDES. A shift to a lower yield curve environment should continue to gradually take place. But further progress will require continued policy effort to assure macro stability and financial sector reforms to promote the development of longer-term private finance.
590 ▼a eBooks on EBSCOhost ▼b All EBSCO eBooks
650 0 ▼a Capital market ▼z Brazil.
650 7 ▼a BUSINESS & ECONOMICS ▼x Finance. ▼2 bisacsh
650 7 ▼a Capital market. ▼2 fast ▼0 (OCoLC)fst00846356
651 7 ▼a Brazil. ▼2 fast ▼0 (OCoLC)fst01206830
655 4 ▼a Electronic books.
7102 ▼a International Monetary Fund. ▼b Western Hemisphere Department.
7300 ▼a IMF eLibrary.
830 0 ▼a IMF working paper ; ▼v WP/12/224.
85640 ▼u http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=568128
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938 ▼a EBSCOhost ▼b EBSC ▼n 568128
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