Emerging stock markets of the Eastern Mediterranean Rim

The Eastern Mediterranean Rim possesses a vast and rich history of capitalist activity and capital markets, The oldest civilizations along these shores, namely in Egypt, in Greece, and in modern day Turkey, had an understanding of rudimentary economic theory and monetary systems long before the precursor peoples of the industrialized economies of today. Even stock markets in Turkey, Lebanon, and Egypt had greater relative depth and breadth 50 years ago than do 90% of the so-called emerging markets of today This survey analyzes and profiles the equity capital markets of Greece, Turkey Lebanon, Jordan, Israel, and Egypt, and provides some clues to their future growth and performance.