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Regulated Exchanges: Dynamic Agents of Economic Growth (The World Federation of Exchanges Centre for European Policy Studies)

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 | #2978096 in eBooks |  2010-11-04 |  2010-11-04 | File type: PDF

|| ||"Exchanges always should keep in mind their essential role-to facilitate the channelling of savings towards productive investment-which, as repeatedly has been demonstrated, is of the utmost relevance for economic development, and thus for the welfare of huma

Exchanges play an essential and central role in the world's economy. They epitomize transparency in the price-formation process, informing investors and disseminating vital information for the functioning of financial markets, and in so doing they represent an important source of capital for nascent and established companies alike. Even during the recent crisis, exchanges remained open and liquid in the face of extreme volatility-thus the trust investors place in regula...

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