This book sheds light on the analytical, empirical, and policy dimensions of a basic stylized fact - that the development of local capital markets in most of Latin America has been quite poor relative to other emerging economies and to global trends. Importantly, it discusses the implications for the capital market reform agenda going forward, emphasizing the need for revisions to the prevalent policy paradigm.
- ISBN13 9780821365434
- Publish Date 30 October 2006 (first published 27 October 1960)
- Publish Status Active
- Publish Country US
- Imprint World Bank Publications
- Format Paperback
- Pages 220
- Language English