The Development of Local Capital Markets: Rationale and Challenges photograph

The Development Of Local Capital Markets: Rationale And Challenges

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Originally published December 19, 2014
Authors Luc Laeven
Date of Reg.
Date of Upd.
ID1985710
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About The Development Of Local Capital Markets: Rationale And Challenges


Capital markets can improve risk sharing and the efficiency with which capital is allocated to the real economy, boosting economic growth and welfare. However, despite these potential benefits, not all countries have well developed capital markets. . . .

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