World stock markets are booming, and emerging markets compose a disproportionately large amount of this boom. Furthermore, emerging markets have become more integrated with world capital markets.

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International investors have noticed and participated in this rapid development of emerging stock markets. Finance and Financial Sector Development , Macroeconomics and Economic Growth.

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Sign in Register Subscriber Services Help. Asli Demirguc-Kunt and Ross Levine. Finance and Financial Sector Development , Macroeconomics and Economic Growth Keywords: Subscriber-only Content This content is only available to users in subscribing institutions.

World Bank Economic Review. Content Alerts Get World Bank eLibrary content as it is updated. View RSS Feeds Sign up for e-alerts. Asli Demirguc-Kunt and Ross Levine Abstract Abstract: