Capital Markets in Emerging Economies: A Case Study of the Nairobi Stock Exchange

Kibuthu, Grace Wambui


  • Submitted in partial fulfillment of the degree Master of Arts in Law and Diplomacy at the Fletcher School of Law and Diplomacy. Abstract: Over the past two decades, capital markets in developing countries have experienced a rapid evolution. The aggregate market capitalization of countries classified by the IFC as emerging markets rose from $488 billion in 1988 to $2,225 billion in 1996. Trading on... read more
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