ABSTRACT
After reading this chapter you should be able to:
Understand the nature of capital markets with a special focus on emerging markets.
Know the terminology and basic structure of a bond issue.
Understand stocks and stock markets from a domestic and international perspective.
Know the basics of how banks make money and the effects of regulations.
Be familiar with the motivations to seek capital outside of one's home country.
Understand the implications of regulations for the choice of country of stock market listings.
Be prepared for the changing nature of international stock markets and understand the challenges and opportunities in an emerging market context.
