RT info:eu-repo/semantics/workingPaper T1 The increasing relevance of the stock market in the world : a new scenario A1 Torrero Mañas, Antonio K1 Economía K1 Economics K1 Sociología K1 Sociology AB This document has three objectives: firstly, to register the quantitative and qualitative changes carried out in the securities market, especially in the stock exchange; secondly, to state the factors leading to changes in such an entity; and finally, to point out the economic and social consequences that could arise from this new scenario.This working paper is part of a wider research entitled ¿BUBBLES AND INSTABILITY¿, which is intended to try and clarify the reasons why the bubbles, especially financial bubbles, are a current issue and one of the main aspects to be considered within these phenomena.The first preview of this current document was published in the same collection: Bubbles and Instability: The State of the Art. Working Paper no. 3/2004. This will be released in Análisis Financiero (2005). PB Universidad de Alcalá. Instituto Universitario de Análisis Económico y Social YR 2005 FD 2005 LK http://hdl.handle.net/10017/6504 UL http://hdl.handle.net/10017/6504 LA eng DS MINDS@UW RD 01-dic-2023