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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 alike. ... See More +

Brief 112692 JAN 01, 2017

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