Measuring relative development level of stock markets: Capacity and effort of countries
One of the important determinants of economic development is the existence of an effective financial system. Despite widespread need for financial services, the range and depth of financial markets, including stock markets, vary significantly across countries. One question in the literature is how t...
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| Format: | Article |
| Language: | English |
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Elsevier
2014-06-01
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| Series: | Borsa Istanbul Review |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2214845014000040 |