Economic Policy Towards Domestic Stock Exchanges

Over the past forty years, stock exchanges have undergone a number of transformations (legal, organizational and technological). They resulted both from general external conditions (including technological progress) as well as were the expression of various economic (structural) policies. Two of wh...

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Main Author: Wojciech Szymon Kowalski
Format: Article
Language:English
Published: Adam Mickiewicz University, Poznan 2018-03-01
Series:Studia Historiae Oeconomicae
Subjects:
Online Access:https://pressto.amu.edu.pl/index.php/sho/article/view/29125
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author Wojciech Szymon Kowalski
author_facet Wojciech Szymon Kowalski
author_sort Wojciech Szymon Kowalski
collection DOAJ
description Over the past forty years, stock exchanges have undergone a number of transformations (legal, organizational and technological). They resulted both from general external conditions (including technological progress) as well as were the expression of various economic (structural) policies. Two of which seem to be basic. The first implemented in France, based on optimal centralization of stock exchange trading. The second one, implemented in Germany and Spain, expressing the concept of a complementary and effective combination of the potentials of the main trading floor and regional exchanges. Promisingly, especially in this latter dimension of experience together with the Edinburgh ‘stock market experiment’ that has just begun, they may reveal yet another not yet fully recognized characteristic of the stock market - the institutional exemplification of the market economy.
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spelling doaj.art-934326dc9b484ae08b18877c288cfb772023-07-31T08:45:54ZengAdam Mickiewicz University, PoznanStudia Historiae Oeconomicae0081-64852353-75152018-03-013510.2478/sho-2017-0010Economic Policy Towards Domestic Stock ExchangesWojciech Szymon Kowalski0Graduate of the Poznań University of Economics, Poznań Over the past forty years, stock exchanges have undergone a number of transformations (legal, organizational and technological). They resulted both from general external conditions (including technological progress) as well as were the expression of various economic (structural) policies. Two of which seem to be basic. The first implemented in France, based on optimal centralization of stock exchange trading. The second one, implemented in Germany and Spain, expressing the concept of a complementary and effective combination of the potentials of the main trading floor and regional exchanges. Promisingly, especially in this latter dimension of experience together with the Edinburgh ‘stock market experiment’ that has just begun, they may reveal yet another not yet fully recognized characteristic of the stock market - the institutional exemplification of the market economy. https://pressto.amu.edu.pl/index.php/sho/article/view/29125economic policystock exchange marketregional stock exchange marketstock exchange - urban experiment
spellingShingle Wojciech Szymon Kowalski
Economic Policy Towards Domestic Stock Exchanges
Studia Historiae Oeconomicae
economic policy
stock exchange market
regional stock exchange market
stock exchange - urban experiment
title Economic Policy Towards Domestic Stock Exchanges
title_full Economic Policy Towards Domestic Stock Exchanges
title_fullStr Economic Policy Towards Domestic Stock Exchanges
title_full_unstemmed Economic Policy Towards Domestic Stock Exchanges
title_short Economic Policy Towards Domestic Stock Exchanges
title_sort economic policy towards domestic stock exchanges
topic economic policy
stock exchange market
regional stock exchange market
stock exchange - urban experiment
url https://pressto.amu.edu.pl/index.php/sho/article/view/29125
work_keys_str_mv AT wojciechszymonkowalski economicpolicytowardsdomesticstockexchanges