Most economists would agree that having deep capital markets provides essential sustenance to? economic growth over the long-term.
Funding for companies through efficient and balanced capital markets improves productivity by ensuring capital is allocated more effectively and risk is better managed, increasing the capacity of economies to ride-out turmoil by having more diverse sources of funding than just bank lending.
According to research from New Financial, a UK-based think tank and the?Global Financial Markets Association GFMA, capital markets globally, but particularly in the Asia-Pacific region, have the potential to grow massively in the next two decades.
Top 10 Capital...