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Capital Markets Efficiency in Global and Local Realms

In: Capital Markets in Southeast Europe

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  • Ante Dodig

    (International Finance Corporation)

Abstract

Emerging market economies account for majority of global growth in output and consumption, which is almost double the share from just two decades ago. In parallel, the integration of developing markets into the global economy continues and the gross domestic product continues to increase. The sheer growth reflects alike in global sovereign balance of payments positions wherein the growing indebtedness and the increasing income inequality pave risks for the future harmonized development prospects.

Suggested Citation

  • Ante Dodig, 2022. "Capital Markets Efficiency in Global and Local Realms," Springer Books, in: Capital Markets in Southeast Europe, chapter 0, pages 1-14, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-07210-9_1
    DOI: 10.1007/978-3-031-07210-9_1
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