Recent events had made it clear that an emerging financial sector should not limit its activities to real estate financing and stock market speculation.

African countries must restructure their domestic financial sectors and develop capital markets and non bank financial institutions.

Money Market

37. Second, the efficient functioning of financial markets depended mainly on a strong national capacity to manage both those markets and the banking sector.

Reinventing Europe s Financial Markets

In the financial sector, the banking system must be commercialized, thereby gradually allowing interest rates to be set by market forces, while capital markets must be deepened in tandem with the development of the legal and supervisory infrastructure needed to ensure financial stability.

In the period referred to above, these sectors together with the financial services sector accounted for about 62 per cent of the employed population in the towns.

Domestic financial markets and institutions

International trade and financial markets

In 2003, a policy was pursued whose aim was to ensure the stability of the financial market, the further development of the insurance market and the securities market, and the strengthening of the banking system and accessibility to financial resources for enterprises of the real sector of the economy, as well as the improvement of the capital accumulation pension system.

Fraud, Fools, and Financial Markets

Financial and Capital Market Commission

During the period under review, there has been a continued drive to expand financial markets, particularly the issuance of international debt and equity instruments by both the public and the private sector.

15. Although many MFIs are still dependent on donations, an increasing number are turning to the private sector to mobilize funds under market conditions.

And, yes, financial markets require close supervision and regulation. But what is true of financial markets need not be true of other markets.

Training MFIs in on how to mobilize funds on the international financial market

It was the liberalization of international financial markets.

When Financial Markets Misread Politics

Financial mechanisms and market based instruments

Private sector financial institution

Moreover, money laundering distorts financial markets, discouraging foreign direct investment as a result of the damaged integrity of financial institutions.

China s Crippled Financial Sector

Business and financial sector management

Reform in the financial sector should aim to remove all institutional impediments responsible for the financial repression that currently exists in some countries and to create properly functioning and better integrated capital markets.

Will Banks and Financial Markets Recover in 2009?

DYNAMIC MARKETS AND EXPORT SECTORS

The Government has continued to promote the role of the private sector in financing the recovery process, including through developing the financial market and entrusting the implementation of major projects to the private sector (the country s private and public sectors had raised a cumulative total of US 2.7 billion on the international capital markets by the end of 1997).

Such conditions, together with fiscal incentives and financial market regulations, will help to mobilize savings, develop financial institutions and markets and encourage investment.

Particular attention should be paid to capital flows so that the global financial market does not develop into a world financial casino .

Article 51As for the financial assets or financial liabilities for which there is an active market, the quoted prices in the active market shall be used to determine the fair values thereof.

Global financial integration and imbalances in financial and money markets had adversely affected many countries, particularly emerging market economies.

We create financial markets that are super complex.

Development of a virtual microfinance market through the Internet

Financial and Development Issues in Emerging Markets, in November.

It was recommended that the design and implementation of prudential regulations for financial markets, in particular those trading derivative products, and financial institutions should enhance transparency, govern risk taking and foster orderly marketplaces.

Client and market segment analysis

Is this a short term phenomenon, and will we see an early return to rapid financial sector growth as soon as the world economy recovers? Already the market is full of rumors that guaranteed bonuses are returning, that hedge funds are making double digit returns, and that activity is reviving in the private equity market.

26. Countries are also being assisted in obtaining access to international financial markets.

The problem is that these institutions operate outside the formal banking sector and often cannot meet the standard criteria expected by formal financial markets.

Access to financial services and the depth of financial markets have been associated with growth and development.

The remaining 145 odd countries, held a very low share of total world reserves and had little access to private international financing.

Yes, financial markets in troubled countries for example, Russia s currency, equity, and bond markets have been negatively affected. But the more generalized contagion to global financial markets that geopolitical tensions typically engender has failed to materialize.

Most regulators and market participants agree that Europe's financial markets are dysfunctional. With banking assets amounting to roughly 300 of EU wide GDP, compared to some 70 in the United States, large pools of savings are being left unused.

I. Dynamic markets and export sectors 2 9

Participants stressed that, owing to the presence of market failures, Governments had a critical role to play in developing a financial sector capable of supporting broad based growth and ultimately poverty reduction.