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. Moreover, government-led initiatives to develop loc...
| 主要作者: | |
|---|---|
| 格式: | 杂志 |
| 语言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2014.
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| 丛编: | IMF Working Papers; Working Paper ;
No. 2014/234 |
| 在线阅读: | Full text available on IMF |