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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Format: | Article |
Language: | English |
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Adam Mickiewicz University, Poznan
2018-03-01
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Series: | Studia Historiae Oeconomicae |
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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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first_indexed | 2024-03-12T21:00:12Z |
format | Article |
id | doaj.art-934326dc9b484ae08b18877c288cfb77 |
institution | Directory Open Access Journal |
issn | 0081-6485 2353-7515 |
language | English |
last_indexed | 2024-03-12T21:00:12Z |
publishDate | 2018-03-01 |
publisher | Adam Mickiewicz University, Poznan |
record_format | Article |
series | Studia Historiae Oeconomicae |
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 |