An examination of the effects of major political change on stock market volatility: the South African experience
Prior to President de Klerk's historic announcement on February 2 1990 of fundamental political change, South Africa was the subject of extreme economic and political isolation. As a result of this announcement, it would be expected that South Africa's financial markets transformed from a state of segmentation to a degree of integration in world makets. One means of assessing the possible effects of this major political change is by investigating stock market volatility.
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Volume (Year): 7 (1997)
Issue (Month): 3 (October)
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