Securities Markets in Eurasia

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Central Asia's securities markets remain small-scale and underdeveloped. Building up well functioning securities markets will be essential to vitalising their economies. This publication contains an overview of securities markets in the region and selected country reports. It provides comprehensive data and analyses of securities markets in the region, updated to April 2005, addressing specifically effective measures to develop securities markets and infrastructure, especially the role of institutional investors and clearing and settlement systems; building investor confidence; and regulation and supervision of securities markets.



Securities Market in the Republic of Tajikistan

The Republic of Tajikistan became an independent state in 1991 following the collapse of the Soviet Union. The country subsequently experienced a period of civil war and internal strife. Basic stability was restored only in 1997 after the Agreement on Peaceful Settlement was signed between the government of Tajikistan and the United Tajik Opposition, and a coalition government was formed.


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