Template-Type: ReDIF-Article 1.0
Author-Name: Revold Entov
Author-Name-First: Revold
Author-Name-Last: Entov
Author-Workplace-Name: Gaidar Institute for Economic Policy
Author-Name: Oleg Lugovoy
Author-Name-First: Oleg
Author-Name-Last: Lugovoy
Author-Workplace-Name: Gaidar Institute for Economic Policy
Author-Name: S. Paschenko
Author-Name-First: S.
Author-Name-Last: Paschenko
Author-Workplace-Name: Gaidar Institute for Economic Policy
Author-Name: Dmitry Polevoy
Author-Name-First: Dmitry
Author-Name-Last: Polevoy
Author-Workplace-Name: Gaidar Institute for Economic Policy
Author-Name: D. Skripkin
Author-Name-First: D.
Author-Name-Last: Skripkin
Author-Workplace-Name: Gaidar Institute for Economic Policy
Title: Financial markets in transition economies: Some issues of development
Abstract: This study examines certain issues regarding the current state and prospects for the development of the Russian financial sector, and in particular, the stock market and the banking system. The study consists of three parts. The first part examines the degree to which the Russian securities market is integrated into the global financial system. The second part examines the factors of volatility and returns on Russian stock market assets. The objective of the third part is to address certain issues of efficiency in the banking sector, specifically, to examine the effects of economies of scale in the operations of Russian credit institutions.
Classification-JEL: E44, G14, G15, G21, G24, G28, G32
Keywords: Russian economy, financial markets, stock market, banking system, securities market, volatility, credit institutions
Year: 2003
Issue: 69P
Pages: 171
File-URL: https://www.iep.ru/files/RePEc/gai/rpaper/rpaper-2003-69P-1577.pdf
File-Format: application/pdf
File-Function: Revised Version, 2026
Handle: RePEc:gai:rpaper:rpaper-2003-69P-1577