In Korea, Thailand, Mexico, Chile and a host of other nations, stock markets previously shunned as illiquid, or simply too exotic, are evolving at a terrific ra

Emerging markets have received a particular attention of academic researchers and practitioners since they decided to open their domestic capital markets to for

Since the mid-1980s, there has been a very substantial increase in stock market activity in many developing countries. This paper first examines the main charac

Emerging Stock Markets: Risk, Return, and Performance is a compendium of historical data currently available about the performance of securities in emerging mar