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来源类型 | Working Papers |
规范类型 | 论文 |
Pakistan-China Financial Market Integration (W-165) | |
Rabia Manzoor; Vaqar Ahmed; Abbas Murtaza Maken | |
发表日期 | 2019-02-01 |
出版年 | 2019 |
语种 | 英语 |
摘要 | Working PapersPakistan-China Financial Market Integration (W-165)
Rabia Manzoor, Vaqar Ahmed and Abbas Murtaza Maken
ABSTRACT
This study examines how the greater financial market integration can be promoted between China and Pakistan. Based on secondary data and stakeholders’ interviews, the study explores the possible opportunities and key challenges arising due to financial market integration. Over time, both the
countries have made efforts to develop and integrate several financial market segments. The study analyzes the macro-economic dependence, volatility, current liquidity, efficiency and integration level of key financial market segments-money, equity, forex and government securities. It identifies that lack of coping mechanisms for systemic risks, inadequate joint financial guarantee instruments, meager portfolio investments in stock markets, and low uptake of currency swap are the major challenges in the way of financial market integration. It concludes that a greater understanding of financial services in economies, promotion of investors’ confidence and long-term interests, greater competition and
corporate governance in financial sector of Pakistan can help promote greater financial integration and trade in financial services.
Keywords: financial market integration, cross-border capital mobility, brokerage firms, stock exchanges, securities markets
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关键词 | financial market integration cross-border capital mobility brokerage firms stock exchanges securities markets  |
URL | http://www.sdpi.org/publications/publication_details-930-7.html |
来源智库 | Sustainable Development Policy Institute (Pakistan) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/145377 |
推荐引用方式 GB/T 7714 | Rabia Manzoor,Vaqar Ahmed,Abbas Murtaza Maken. Pakistan-China Financial Market Integration (W-165). 2019. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
Pakistan-China-Finan(233KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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