The Developing countries equity markets have undergone immense changes in recent years. International investors have purchased emerging-market equity shares at exceptional rates, tripling the value of their emerging-market equity portfolios between 1989 and 1992. Bigger foreign investment in rising markets has tightened their price linkages to the international financial centers. Partly as a result of these changes, emerging markets have matured considerably, achieving increased market size and an increased capacity to support equity issuance. A notable feature …
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showed last 75 words of 1332 total
…world and passing up the opportunity to access millions of investors that they previously could not reach. References: Fox, Justin. 2003. Show us the money. Fortune Vol. 147 Issue 2, p76. Greene, Edward. 2001. Cross Border Equity Offerings: A Discussion on of Some of the Critical Issues. International Finance Corporation, Emerging Stock Markets Factbook, 1992, p. 3 SEC Release No 33-6862: "Resale of Restricted Securities, Changes in Method of Determining Holding Period of Restricted Securities Under Rules 144 and 145. www.citibank.com