Financial Markets and Economic Growth
The current economic problems in Southeast Asia can be attributed not to too "much" reliance on financial markets, but to too "little". Like the U.S. economy a century ago, the emerging Asian economies do not have welldeveloped capital markets and so remain heavily dependent on their banking systems to finance growth. 1998 Morgan Stanley.
Volume (Year): 11 (1998)
Issue (Month): 3 ()
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