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Intereconomics

, Volume 24, Issue 5, pp 220–226 | Cite as

Liberalisation of the capital markets in developing countries

  • Uwe Corsepius
Development Strategy

Abstract

The domestic capital markets of developing countries are typically subject to serious inefficiencies. This article shows how these inefficiencies can be eliminated without necessarily provoking an adjustment crisis and indicates the measures on which emphasis must be placed in the context of structural adjustment assistance in order to mobilise a large volume of savings and achieve a better allocation of resources.

Keywords

Interest Rate Capital Market Foreign Trade Real Interest Rate Nominal Interest Rate 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

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Copyright information

© HWWA and Springer-Verlag 1989

Authors and Affiliations

  • Uwe Corsepius
    • 1
  1. 1.Institut für WeltwirtschaftKielWest Germany

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