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| Author: | Moors de Giorgio, E. |
| Title: | How governments can aid growth of stock exchanges |
| Journal: | African Business
1998 : MAR, 230, p. 30-32 |
| Index terms: | AFRICA GOVERNMENT STOCK EXCHANGES |
| Language: | eng |
| Abstract: | In Africa, where market returns are often correlated with world-wide commodity prices and rain, what role can the governments play in fostering the growth of their stock exchange? Governments can strive to provide a sound macroeconomic environment. This has proven instrumental to attracting long-term portfolio investments. Governments can also establish a reliable and reasonable regulatory and tax regime. Liberalising foreign exchange controls is ultimately beneficial but always delicate. |
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