This paper outlines the policy approaches and the policies that guide and foster development of money and capital markets. It begins by reviewing the requirements for their successful development. It continues by discussing some of the major distortions that prevent this development. Finally, the paper looks at the benefits of an actively planned approach to this development, as opposed to a more passive evolutionary approach. This paper is one of...
انظر المزيد
تفاصيل
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1989/9/01
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ورقة عمل
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110217
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1
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1
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2017/3/03
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Disclosed
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Policies for developing financial markets
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security market