IDEAS home Printed from https://ideas.repec.org/p/imf/imfwpa/2003-006.html
   My bibliography  Save this paper

Small African Stock Markets—The Case of the Lusaka Stock Exchange

Author

Listed:
  • Ms. Heloisa Marone

Abstract

In trend with a global pattern and following recommendations of the World Bank and the International Finance Corporation (IFC), the number of stock markets in African countries has increased dramatically over the last ten years. Despite a scarcity of studies on the impact of stock markets on these economies, some policymakers have been arguing in favor of stock exchanges (national or regional) in eastern and southern Africa. The creation of such exchanges may be a premature project as they might lack an actual economic rationale. The present case study, for instance, suggests that the Lusaka Stock Exchange (LuSE) has little effect on the larger Zambian economy.

Suggested Citation

  • Ms. Heloisa Marone, 2003. "Small African Stock Markets—The Case of the Lusaka Stock Exchange," IMF Working Papers 2003/006, International Monetary Fund.
  • Handle: RePEc:imf:imfwpa:2003/006
    as

    Download full text from publisher

    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=16229
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Anthony M. Simpasa & Boaz Nandwa & Tiguéné Nabassaga, 2014. "Working Paper - 211 - Bank Lending Channel of Monetary Policy Transmission in Zambia: Evidence from Bank-Level Data," Working Paper Series 2147, African Development Bank.
    2. Peter Kragelund, 2009. "Knocking on a Wide-open Door: Chinese Investments in Africa," Review of African Political Economy, Taylor & Francis Journals, vol. 36(122), pages 479-497, December.
    3. Dr Samamba, Lennox Trivedi, PhD—Law, 2023. "Legal Aspects of Securities Exchange Listing—The Case of African Securities Exchanges, and the Alternative Investment Market," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(2), pages 538-565, February.
    4. Alssadek, Marwan & Benhin, James, 2023. "Natural resource curse: A literature survey and comparative assessment of regional groupings of oil-rich countries," Resources Policy, Elsevier, vol. 84(C).
    5. Bruce Hearn & Jenifer Piesse, 2008. "Opportunities And Costs Of Portfolio Diversification In Sadc'S Smallest Equity Markets," South African Journal of Economics, Economic Society of South Africa, vol. 76(3), pages 399-426, September.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imf:imfwpa:2003/006. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Akshay Modi (email available below). General contact details of provider: https://edirc.repec.org/data/imfffus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.