TY  - BOOK
AU  - SINGH, Ajit
TI  - Stock-market and economic development : should developing countries encourage stock-markets?
PY  - 1993///
N2  - 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
ER  -