The Importance of Local Capital Markets for Financing Development

IFC | IFC

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.

Categories:
Capital Markets, Bond Markets & Exchanges
Pages:
5
Year of publication:
31.01.2017
File size:
735008 bytes