This paper reviews the prerequisites necessary for accelerating the development of money and capital markets in the context of developing economies of Europe, Middle East and North Africa. These countries feature a strong predominance of the banking sector that is mirrored by underdevelopment of money and capital markets. Such a situation restrains efficient mobilization and allocation of financial resources and in particular thwarts the supply of...
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INFORMATION
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1988/06/01
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Document de travail
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110199
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1
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1
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2016/11/25
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Disclosed
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Development of money and capital markets
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capital market development
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