FEATURED
Joint IFC-World Bank Report, March 2025
A new book from the World Bank Group, Financing Firm Growth, explores the surge in capital market financing in low- and middle-income countries from 1990 to 2022. Drawing on data from nearly 80,000 firms worldwide, the study shows how capital markets have been a key driver of investment and job creation in developing countries. The research highlights how equity and bond markets foster growth in developing economies, contributing $4 trillion in capital and generating 5 percent more jobs over three decades.
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Federico Huneeus, Joseph P. Kaboski, Mauricio Larrain, Sergio L. Schmukler, Mario Vera
World Bank Policy Research Working Paper 10958, October 2024 |
Annual Meeting of the Chilean Economic Society - SECHI 2024 | | September 5, 2024