 Kenroy Dowers, Felipe Gomez Acebo, Pietro Masci Making Capital Markets Viable in Latin America and the Caribbean IFM Review - december 2000
In the last decade, increasing attention has been directed at the role that capital markets play in stimulating or supporting economic development.
During this time many countries have adopted policies aimed at creating domestic capital markets, on the assumption that market activity has specific benefits.
First, by providing access to capital at lower cost, they facilitate the growth of companies and of the economy as a whole.
Domestic capital markets can direct national savings to productive assets
while also attracting foreign funds and investors.
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(12/01/2000)
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