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Like this article? PLEASE +1 it! |  |
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necessary preconditions Tagged Articles
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VI. A. Macroeconomic Stability: WHAT DETERMINES STOCK MARKET DEVELOPMENT IN AFRICA?
| |
| The previous section has provided enough evidence to make a convincing case that stock
market development at least creates the enabling environment for a successful economic
growth. The policy question, therefore, is what determines stock market development? The
literature suggests that sound macroeconomic environment, well developed banking sector,
transparent and accountable institutions, and shareholder protection are necessary
preconditions for the efficient functioning of stock markets in Africa. |
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Other necessary preconditions Related Articles
|
VI. A. Macroeconomic Stability: WHAT DETERMINES STOCK MARKET DEVELOPMENT IN AFRICA?
| |
| The previous section has provided enough evidence to make a convincing case that stock
market development at least creates the enabling environment for a successful economic
growth. The policy question, therefore, is what determines stock market development? The
literature suggests that sound macroeconomic environment, well developed banking sector,
transparent and accountable institutions, and shareholder protection are necessary
preconditions for the efficient functioning of stock markets in Africa. |
|
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