00000caa a22000003i 4500 UP-1685594773862388285 Buklod 20210308213003.0 m | | ta 210308s1989 xx r |||| u|eng d (iLib)UPBAG-00039458287 BAG rda eng ARTICLE-2506 Sanchez, Aurora author. Economic growth and stock market development Aurora Sanchez. 1989. pages 109-140 illustrations 25 cm text rdacontent unmediated rdamedia volume rdacarrier Includes bibliographical references (page 140). The paper examines Japan's equity capital market to find out whether stock market development proceeds from, or precedes, economic growth. It first starts with a general description of the capital market, its principal players and the various methods of financing investment. It then explores the relationship of economic growth and capital market development, focusing on the Japanese experience. The empirical evidence illustrates the case of growth first before stock market development, a finding which could probe useful for developing countries planning to develop their capital markets. Economic development. Stock exchanges. Capital market Japan. The Philippine Review of Business and Economics Vol. XXVI, No. 1 (June 1989), p. 109-140. (viewed 08 March 2021) FI UPBAG UPBAG-MAIN ARTICLE-2506 Analytics