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May 1995 The three most developed stock markets are in Japan, the United Kingdom, and the United States, and the most underdeveloped markets are in Colombia, Ni

The relationship between the development of stock markets and the functioning of financial intermediaries may be complementary.

This book provides insights into the evolving debate regarding the mobilization of domestic resources and the crucial role that financial development can and sh

"This paper reviews, appraises, and critiques theoretical and empirical research on the connections between the operation of the financial system and economic g