Title:

Eurasian Financial Markets, Macrofoundations Underneath Development Outlook : How Has the Global Financial Crisis Altered Perspectives of Kazakhstan Stock Exchange?

Group publication title:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

Title in english:

Makrofundamenty rozwoju rynków finansowych Eurazji : w jaki sposób kryzys finansowy wpłynął na perspektywy rozwoju giełdy papierów wartościowych w Kazachstanie?

Creator:

Nowak, Dominik

Subject and Keywords:

Kazakhstan Stock Market ; Eurasian Financial Sector ; Macrofoundations ; KASE

Description:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu = Research Papers of Wrocław University of Economics; 2010; Nr 136, s. 116-126

Abstrakt:

The Kazakh Stock Exchange aims to be the leading stock market in Eurasia. In fact, the enormous exertion was taken to transform this former Soviet Republic into a place where influence and interests of many different parties, transactions involving not only commodities or raw materials but human capital or sophisticated financial instruments would meet. Due to after-effects of the recent global financial crisis Kazakh stock market suffered heavy losses and proven to be illiquid and very unstable. It struggled not only to attract foreign investors, but even own domestic companies, preferring to seek for financing on UK and US stock markets, listing GDR's rather than equity stocks on KASE. The purpose of this paper is to bring to the light advantages and drawbacks, strengths and weaknesses of this unique market.

Publisher:

Publishing House of Wrocław University of Economics

Place of publication:

Wrocław

Date:

2010

Resource Type:

artykuł

Language:

eng

Relation:

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu = Research Papers of Wrocław University of Economics; 2010; Nr 136 ; Ekonomia, vol. 9 ; Macroeconomics

Rights:

Wszystkie prawa zastrzeżone (Copyright)

Access Rights:

Dla wszystkich w zakresie dozwolonego użytku

Location:

Uniwersytet Ekonomiczny we Wrocławiu

Coverage:

Dofinansowano z programu "Społeczna odpowiedzialność nauki" Ministra Edukacji i Nauki (SONB/SP/546390/2022). Tytuł projektu: Upowszechnienie zawartości czasopisma Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu