Abstract
This chapter explores the question to what extent, if any, the institution of the stock market is likely to benefit the real economy in developing countries and aid their industrialization. This question is examined here by focusing on the following aspects that are salient to the assessment of the stock market from a developmental perspective:
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Singh, A. (2010). Are the Institutions of the Stock Market and the Market for Corporate Control Evolutionary Advances for Developing Countries?. In: Fontana, G., McCombie, J., Sawyer, M. (eds) Macroeconomics, Finance and Money. Palgrave Macmillan, London. https://doi.org/10.1057/9780230285583_21
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DOI: https://doi.org/10.1057/9780230285583_21
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