An excellent analyses of the effects of EU enlargement on capital markets in the most advanced countries of Central and Eastern Europe and Russia. It also investigates the EU's impact on the interactions between Eastern and Western capital markets. The study is particularly useful for financial analysts, institutional investors and academic researchers who are interested in the economic and institutional developments of capital markets in CEE countries.In absolute terms it is comparable to the stock market of Estonia but relative to GDP there is a clear gap: with 3.1% of GDP ... The stock market shows clear signs of inefficiency: even after more than two weeks news are not fully absorbed by theanbsp;...
|Title||:||The New Capital Markets in Central and Eastern Europe|
|Publisher||:||Springer Science & Business Media - 2012-12-06|