UID:
edoccha_9958070426202883
Format:
71 [2] pages :
,
illustrations ;
,
28 cm.
ISBN:
1-280-01765-1
,
9786610017652
,
0-585-22887-6
Series Statement:
Lessons of experience series ; 2
Content:
The role of capital markets in economic development is becoming increasingly evident. It is now widely recognized that there is a direct correlation between economic growth and development of the financial sector. A well-functioning financial intermediation system helps to facilitate a virtuous circle of productivity increases, economic growth, and domestic savings.
Content:
IFC has been involved with the capital markets sector for over 25 years, reflecting its focus on assisting developing countries in building their physical and financial infrastructure. It has helped supplement domestic resources by mobilizing external savings flows to emerging markets, and focused on developing domestic financial institutions and capital markets. This approach to deepening and broadening domestic markets has been critical to IFC's strategy of promoting the growth of local savings.
Note:
"International Finance Corporation"--Cover.
,
Prepared by Laurence Carter, Teresa Barger, and Irving Kuczynski.
,
English
Additional Edition:
ISBN 0-8213-3676-2
Language:
English
