The importance of local capital markets for financing development (English)

Rudimentary markets for capital - for raising money and investing - exist in even the remotest places around the world. However, prudent macroeconomic management, regulation, investor protection, and innovation are necessary to transition these nascent markets, which are often speculative ventures prone to fraud, into modern, efficient, and well-functioning markets capable of serving the needs of investors and entrepreneurs, borrowers, and lenders...

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Author

Narayanaswamy,Meera;

Blitzer,Charles R.;

Carvajal,Ana Fiorella;
Document Date
2017/01/01
Document Type
Brief
Report Number
112692
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2017/02/08
Disclosure Status
Disclosed
Doc Name
The importance of local capital markets for financing development
Keywords
short term money market instrument

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Citation

Narayanaswamy,Meera; Blitzer,Charles R.; Carvajal,Ana Fiorella.

The importance of local capital markets for financing development (English). EMCompass|no. 28 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/466641486540418996

The importance of local capital markets for financing development (English)

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