The causes of Stock Market Integration
① Impact ofthe United State
First, the reason of increasing in market integration movement is because the United State acted as the driving force behind global economic growth over the Asian financial crisis in 1997. The economy ofthe United State in 1997 and 1998 was ongoing growth of 4%, and that was an opportunity to recover business crisis for e
Theempirical results that Short and long term
relationship between U.S's stock prices and each
country's stock prices said that their relationship
was amplified after the second half of 2007.
Especially Korea and Europe have made long
term integration.
The United State acted as the driving force behind global economic growth over the Asian financial crisis in 1997.
D
of papers to trace back the core reason that makes particularly apartment price skyrocketed. Among the opinions, the leading ones are three, which are the shortage of supply, abundant liquidity, and speculative demand for apartment market. Even if there were controversial debates on the crucial reason, no one could apparently say the crucial reason with well explaining empirical data. That is why
thecrisis, since their influence as a powerful country is not shrinking. Let’s look into Russia and several reasons why Russia is a good investment market.
2. Macro Environment
(Information & Analysis)
Demographic
Russia had a population of 142million in 2010. After the collapse of Soviet Union, population has been in a decreasing trend from 1993 to 2007. The populat
the company and shareholders should be decided with consideration of future investment opportunities, return on investments, future cash flow, capital finance conditions, etc. Company managers are evaluated their performances in a general meeting of stockholders. The stockholders have to concern the dividend distributed as their own share. Moreover, since the global financial crisis the managemen