A Framework for Financial Market Development

A Framework for Financial Market Development
The paper proposes a framework for examining the process of financial market development. The framework, consistent with the functional view of financial system design, is anchored in studying the incentives facing the key players in financial markets-borrowers, lenders, liquidity providers, and regulators-whose actions determine whether and how... READ MORE...

Publication date: July 2009
ISBN 9781451873030
$18.00

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