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Stock markets : a spur to economic growth.

By:

LEVINE, Ross

Material type: Text

TextPublication details: 1996Action note:

3/7/00 M2LMGR

Summary: Notes that stock markets affect economic activity through the creation of liquidity. Greater stock market liquidity in developing countries is linked to a rise in the amount of capital raised through bonds and bank loans. Suggests that policy makers should consider reducing impediments to stock market development, and a good place to start would be by easing restrictions on international capital flows.

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Item type	Current library	Status	Barcode
Analytic	CARICOM Documentation Centre	Available	0000000015865

Notes that stock markets affect economic activity through the creation of liquidity. Greater stock market liquidity in developing countries is linked to a rise in the amount of capital raised through bonds and bank loans. Suggests that policy makers should consider reducing impediments to stock market development, and a good place to start would be by easing restrictions on international capital flows.

3/7/00 M2LMGR

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