金融市场趋势

Financial Market Trends, No. 83, November 2002

Highlights of Recent Trends in Financial Markets

This issue of Financial Market Trends provides updates on trends and prospects in international and major domestic financial markets of the OECD area. Key areas covered include:

1. Overview

   • An overview of recent trends in various financial markets.

2. Foreign Exchange Markets

   • Analysis and updates on foreign exchange market activities.

3. Interest Rates

   • Examination of changes and movements in interest rates.

4. Corporate Bonds

   • Insights into corporate bond market dynamics.

5. Equity Markets

   • Overview of equity market performances and conditions.

6. Focus on Financial Institutions

   • Detailed analysis of specific financial institutions.

7. Technology Stocks

   • Specific focus on technology stock market trends.

Each section includes detailed analyses, statistics, and charts relevant to the topic, offering insights into both current trends and longer-term developments in specific sectors of the international and major domestic financial markets.

Notes

• The publication's content is not solely authored by the OECD but includes contributions from relevant organizations in OECD member countries.

“Prudent Person Rule” Standard for the Investment of Pension Fund Assets

• This section delves into the legal framework, historical background, practical application, impact on investment managers, factors for successful implementation, and compares it with other regulatory approaches.

Private Annuity Markets

• Discusses the changing pension landscape, development of private annuities in OECD countries, measurement of annuity values, recent findings, reasons for weak annuity demand, and policy implications.

Guidelines for Pension Fund Governance

• Provides background information and guidelines for effective governance of pension funds, with annotations for better understanding.

Increases in Investment in the 1990s: The Role of Output, Cost of Capital, and Finance?

• Investigates the factors driving increased investment during the 1990s, including output, cost of capital, and financial policies.

This issue serves as a comprehensive resource for understanding the complexities and nuances of contemporary financial market dynamics within the OECD region.