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Stock-market and economic development : should developing countries encourage stock-markets?

By:

SINGH, Ajit

Material type: Text

TextPublication details: 1993Action note:

3/7/00 M2LMGR

Summary: Examines the role that the stock-market can play in the economic and industrial development of newly industrializing countries. Considers how, if at all, the negative features of third-world stock markets can be contained. Concludes that, to the extent that developing countries do have a choice, they should attempt to foster bank-based financial systems rather than establish and encourage stock markets.

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Item type	Current library	Status	Barcode
Analytic	CARICOM Documentation Centre	Available	0000000015289

Examines the role that the stock-market can play in the economic and industrial development of newly industrializing countries. Considers how, if at all, the negative features of third-world stock markets can be contained. Concludes that, to the extent that developing countries do have a choice, they should attempt to foster bank-based financial systems rather than establish and encourage stock markets.

3/7/00 M2LMGR

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