Stock Markets and Development in Africa
Stock Markets and Development in Africa Globalization is posing enormous challenges to development efforts in many African countries. Despite regional tendencies, the effectiveness of stock markets…
Specifikacia Stock Markets and Development in Africa
Stock Markets and Development in Africa
Globalization is posing enormous challenges to development efforts in many African countries. Despite regional tendencies, the effectiveness of stock markets to raise capital within the African region has been limited. One of the most daunting challenges is to raise capital to meet financial needs.
It adopts a legal approach in analyzing various laws and texts.Stock Markets and Development begins with discussions of global experiences in both developed and developing countries. This book asks whether African stock exchange might become more effective in enhancing development. It then examines the legal frameworks of regional organizations, in which stock markets are catalysts of integration and development.
Arguably, stock markets can serve as gateways to development within this zone through harmonization of laws and common public issue of shares. The effective