The Development of Stock Markets: In Search of a Theory

This paper aims to provide a framework for the main determinants of stock market development. Assessing stock market development requires not only an understanding of its main determinants but also a clear definition of what “stock market development” means and how progress towards it can be measur...

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Bibliographic Details
Main Author: Kamal A. El Wassal
Format: Article
Language:English
Published: EconJournals 2013-05-01
Series:International Journal of Economics and Financial Issues
Online Access:http://mail.econjournals.com/index.php/ijefi/article/view/489