Abstract
The role of capital markets in economic development has increasingly been emphasized as an important tool of financial intermediation. Saudi Arabia has been endowed with enormous wealth, gained in a short period of time. An efficient capital market structure could help in recycling capital surpluses, especially those held by the private sector. There is no doubt that Saudi Arabia possesses such capital surplus.
A fool and his money are soon parted.
George Buchanan
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Ramady, M.A. (2010). The Saudi Capital Market. In: The Saudi Arabian Economy. Springer, Boston, MA. https://doi.org/10.1007/978-1-4419-5987-4_6
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DOI: https://doi.org/10.1007/978-1-4419-5987-4_6
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