Abstract—Background: Global crisis situation caused many
unpredicted causes. Huge governmental financial aid,
60%-70% stock exchange indices reduction are only few
examples. Central Europe is a part of emerging markets.
Warsaw Stock Exchange is the largest Stock Exchange Market
in this region. Objective: The aim of this article is to present a
main view of Polish capital market development. It shows
advantages from creation Alternative Stock Exchange Market –
NewConnect. The aim of this article is to present the
phenomenon of Warsaw Stock Exchange as a leader of
emerging markets of Central and Eastern Europe region.
Methods: Author makes an analysis between East and Central
European Stock Exchange Markets with a special view on
alternative investment markets. Moreover briefly describe
Polish capital market problems triggered by global financial
crisis. The article shows perspectives of future growth and
describes the impact of global financial crisis into Warsaw
Stock Exchange.Results: Warsaw Stock Exchange makes
possible gaining vital capital to the companies for their future
growth, especially on NewConnect market. It was a fastest
growing market in 2008. Polish capital market is a very good
alternative, if compared with European Stock Exchanges.
However, limited knowledge of investors and high correlation
with global capital markets are making strong influence in
future Polish Stock Market development.
Index Terms—emerging markets, stock exchange, Warsaw
Stock Exchange, Wiener Börse AG.
Email:stanislaw.kaszuba@gmail.com, +48-600676787
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Cite:Stanislaw Kaszuba, "East and Central Europe Stock Exchange Markets in the ages of globalization," International Journal of Trade, Economics and Finance vol.1, no.1, pp. 89-92, 2010.