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Finance and Credit
 

Impact of globalization on the development of the national securities market within the framework of the «open» and «national» models of the securities market

Vol. 18, Iss. 11, MARCH 2012

Available online: 16 March 2012

Subject Heading: Stock market

JEL Classification: 

Menshikova A.S. Deputy head of department of New Markets CJSC «Moscow Interbank Currency Exchange»
AS_Menshikova@mail.ru

The problem of public choice of the model of development of national securities market in the globalization context, and in a context of creation of the International Financial Center in Russia is presented in the article. According to the features of the said policy, two models of stock market can be distinguished: «open» and «national». The task of the present research is to decide, which model of securities market in emerging countries, including Russia, is more efficient for national securities market’s development.

Keywords: securities market, development, interconnection, state policy, investors, issuers

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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