Financial Intermediation in Small Island Developing Economies

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Policies for Effective and Efficient Domestic Resource Mobilisation and Allocation in Small Island Developing Economies
The objective of any financial development programme is to raise both the quantity and quality of investment and, hence, to accelerate the rate of economic growth. The majority of such programmes have, in practice, stressed institution building plans - development banks, stock exchanges, etc. They incur substantial resource costs.
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