Capital Markets Development in Emerging Economies
Onyuma, Samuel![Capital Markets Development in Emerging Economies](https://support.digitalhusky.com/media/annotations/sorted/136/13642359/CHSBZCOP0313642359.jpg)
Despite the many efforts undertaken to foster financial development, capital markets in many developing economies remain underdeveloped. These reforms have not catapult the development of these markets to global standards. New stock exchanges are being created every year in Africa, but these markets remain shallow in listing and liquidity, with high volatility. Thus policymakers have no clear guidance on how to promote securities market develo...