The Financial History of Emerging Markets: New Indices

NOTE: Lengthy but fascinating read about the financial history of some key international or emerging markets – almost all of which are still “emerging.”

  • New indices are provided for ten emerging markets. Using data from companies listed in London and New York in the 1800s and 1900s, new stock market indices are produced and discussed providing information on companies in Turkey, Egypt, Cuba, China, Singapore, South Africa, Argentina, Brazil, Mexico and India. The papers provide a better long-term understanding of the performance of those countries’ economies since the papers cover the period before stock markets existed in those countries.

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