This book constitutes Volume II of the author's work on legal, regulatory and institutional constraints on cross-border investment in, and disposition of securities in eastern and southern Africa (the COMESA Region). Volume I examines mainly constraints on the proprietary aspects of a cross-border securities transaction. Volume II (this book) examines mainly constraints within the enabling environment for cross-border investment and trade in securities in the COMESA Region. This book is underpinned by the view that inadequate liquidity, which is one of the critical determinants of the performance of a stock market, remains one the major constraints on increased investment and trade in securities in stock markets in the region. Against this backdrop, removing non-tariff barriers to investment and trade such as exchange controls, quantitative restrictions on cross-border investment of surplus pension assets, and integration of domestic payment systems, and harmonization of regulatory rules for securities markets have been mooted in this book as a possible way of increasing cross-border investment and trade in securities in the region.
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Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.