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Developing bond markets in Latin America and the Caribbean (version I)

The development of financial markets is a critical issue facing emerging market countries.
The East Asian crisis of 1997–98 showed that neglect of the financial sector results in serious costs and hinders economic growth.

When conditions are right, capital market development makes countries stronger through, among other things, the benefits of diversification, risk transformation and mitigation, and by placing timely, accurate, and transparent information in the public domain.
[...]

(click the image to read the article)

(06/01/2003)

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