资源描述：
《credit suisse global investment returns yearbook》由会员上传分享，免费在线阅读，更多相关内容在工程资料-天天文库。
1、February2014ResearchInstituteThoughtleadershipfromCreditSuisseResearchandtheworld’sforemostexpertsCreditSuisseGlobalInvestmentReturnsYearbook2014CREDITSUISSEGlOBAlINvESTMENTRETURNSYEARBOOK2014_2Contents5Emergingmarketsrevisited17Thegrowthpuzzle31Abehavioraltakeoninvestorreturns37Countryprof
2、iles38Australia39Austria40Belgium41Canada42China43Denmark44Finland45France46Germany47Ireland48Italy49Japan50Netherlands51NewZealand52Norway53Portugal54Russia55SouthAfrica56Spain57Sweden58Switzerland59UnitedKingdom60UnitedStates61World62Worldex-US63Europe64References65Authors66Imprint/Discla
3、imer.COMFormoreinformationonthefindingsoftheCreditSuisseGlobalInvestmentPHOTOCASEReturnsYearbook2014,pleasecontact/eithertheauthorsor:JARTS:MichaelO’Sullivan,ChiefInvestmentOfficer,UK&EEMEA,CreditSuissePrivateBankingPHOTO,&WealthManagement,michael.o’sullivan@credit-suisse.com.COMRichardKers
4、ley,HeadofGlobalSecuritiesProductsandThemes,CreditSuissePHOTOCASEInvestmentBanking,richard.kersley@credit-suisse.com:N.O.B./TocontacttheauthorsortoorderprintedcopiesoftheYearbookoroftheaccompanyingSourcebook,seepage66.ERPHOTOvCOCREDITSUISSEGlOBAlINvESTMENTRETURNSYEARBOOK2014_3IntroductionTh
5、erecoveryindevelopedworldeconomiesnowappearstobewellunderway,withtheFederalReservebeginningtoreduceitsthirdprogramofquantitativeeasing.Inparticular,Europeanfinancialmarketsandeconomiesareinmuchbetterhealththanthistimelastyear.However,withthebusinesscycleupturnmanifestincountriesliketheUSAan
6、dUK,thereareconcernsthatsomeemergingcountrieswillfindthathigherinterestratescreateamorechallengingmarketenvironment.Inthiscontext,theCreditSuisseGlobalInvestmentReturnsYearbook2014examinestherelationshipbetweenGDPgrowth,stockreturnsandthelong-runperformanceofemergingmarkets.The2014Yearbookn
7、owcontainsdataspanning114yearsofhistoryacross25countries.Thecompanionpublication,theCreditSuisseGlobalInvestmentReturnsSourcebook2014extendsthescaleofthisresourcefurtherwithdetailedtables,graphs,listings,sourcesandreferencesforeverycountry.ElroyDimson,Pa
