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Development of Capital Markets and Institutional Investors in Russia : Recent Achievements and Policy Challenges Ahead

Author

Listed:
  • Michel Noel
  • Zeynep Kantur
  • Evgeny Krasnov
  • Sue Rutledge

Abstract

This study reviews the recent developments in capital markets and institutional investors in Russia, and examines the policy challenges ahead for the development of the sector. The analysis covers key impediments for further development and policy challenges for securities markets, in particular legal and regulatory framework, market infrastructure, government bonds, sub-sovereign bonds, corporate bonds, and equities. The analysis also covers key impediments for further development and policy challenges for mutual funds, pension funds, and insurance companies.

Suggested Citation

  • Michel Noel & Zeynep Kantur & Evgeny Krasnov & Sue Rutledge, 2006. "Development of Capital Markets and Institutional Investors in Russia : Recent Achievements and Policy Challenges Ahead," World Bank Publications - Books, The World Bank Group, number 7087, December.
    • Handle: RePEc:wbk:wbpubs:7087
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    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/7087/372660RU0Capit101OFFICIAL0USE0ONLY1.pdf?sequence=1
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    Citations

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    Cited by:

    1. Liu, Lili & Waibel, Michael, 2008. "Subnational insolvency : cross-country experiences and lessons," Policy Research Working Paper Series 4496, The World Bank.

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