The stock markets in the Czech Republic, Hungary, and Poland are functioning, but low capitalization, liquidity, and high inflation restrict their ability to provide capital to good companies by ROBERT BONTE-FRIEDHEIM BANKS AND CAPITAL markets are to mature market economies what central planning offices were to command economies. By allocating resources to certain projects and […]

You have reached a premium content area of TOL. To read this entire article please login if you are already a TOL subscriber.

Not a subscriber?

Subscribe today for access to:
Full access to the website, including premium articles videos, country reports and searchable archives (containing over 25,000 articles).

You can subscribe here to gain access to the entire website.