Chapter 8: Capital market development in emerging economies
Category:
Chapter
Published:
20 Jun 2023
Page Range:
124–140
Collection:
Law 2023
DOI:
https://doi.org/10.4337/9781800379305.00015
Keywords:
Capital market, green finance, capital market intervention, domestic resources, cross border capital, Asia, Africa
Restricted access

Capital market development is a central component of financing for development. Fundamentals required for their development include stable macroeconomic and strong institutional contexts. Development of market infrastructure and critical mass is also important. Supportive policy that is holistic and adaptive and that includes national development plans and detailed legislative and regulatory reform and engages institutional investors can successfully promote the development of capital markets. Their potential role is particularly important for green finance and middle-income countries.

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Cover Research Handbook on Global Capital Markets Law
Research Handbook on Global Capital Markets Law
Handbook
Published:
20 Jun 2023
Print ISBN:
9781800379299
eISBN:
9781800379305
DOI:
https://doi.org/10.4337/9781800379305
Pages:
448
Collection:
Law 2023
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