J. Moss. "Stock Markets in Africa: Emerging Lions or White Elephants?" World Development 26, no. 5 (1998): 829-43.Kenny, Charles, & Todd D. Moss. (1998). Stock Market in Africa: Emerging Lions or White Elephants? World Development, 26, 29-43. http://dx.doi.org/10.1016/S0305-...
It discusses policy options for promoting the development of the stock market in Africa. The results of the paper show that the stock markets have contributed to the financing of the growth of large corporations in certain African countries. An econometric investigation of the impact of stock ...
The paper examines the relationship between interest rates and stock market returns for seven African countries. Cointegration tests indicate a long-run relationship between interest rate and stock prices for Kenya and South Africa. The short-run dynamic Vector Error Correction Model Granger causality ...
Sub-Saharan Africa, the poorest and least integrated region of the world, now has fifteen stock markets. Adventure Capitalism examines the economic and political forces behind this trend and discusses the potential consequences of financial market integration for developing countries. Using a political ...
may help make Egyptian exports more competitive and improve the country's trade deficit, it has significantly diminished the purchasing power of Egyptians, nearly 30% of whom already live in poverty. For international investors, the currency's decline has more than offset any stock...
This article examines the impact of both domestic and foreign economic factors on real stock market returns in three southern African stock markets – South Africa, Zimbabwe and Botswana, from 1985-95 – using cointegration and error correction techniques. It finds that, while in all cases stock ...
Stock market integration in Africa: Further evidence from an information‐theoretic framework This study revisits stock market integration in Africa using an information‐theoretic framework that quantifies the flow of information between exchanges... K Nyakurukwa,Y Seetharam - 《International Finance...
In a world where financial valuations have reached new heights, it is hard to find investments with sound fundamentals. Sometimes, you need to look a little farther afield. This is why investing in the stock market in Africa is an interesting option for more adventurous investors...
Policy makers and investors seeking to shield a diversified portfolio against adverse effects of extreme market movements in the stock and exchange rate markets in Africa may take a cue from the results. 展开 关键词: Causality Copulas CoVaR Currency Downside spillovers Stock markets ...
KIGALI, Nov. 29 (Xinhua) -- Financial market experts have called on African economies to encourage retail investment for the growth of the emerging stock markets. They made the call on Tuesday during the closure of Africa securities exchanges conference in the Rwandan capital Kigali. ...