Abstract
Introduction: financial markets and economic development, L. Sawyers et al. Capital markets in developing countries: pension reform in Chile, A. Uthoff the emerging Peruvian capital market, J. Luque. Innovations in microfinance: microfinance - an emerging market within the emerging markets, M.S. Berger linkages between rural financial markets, poverty alleviation and conservation of soils and forests - the case of Madagascar, M. Zeller et al bridging the gap between regulated financial institutions and low-income borrowers, E. Weaver. Capital markets in transition economics: systemic risk - an overview with applications to transitional economies, P.F. Bartholomew and G. Whalen addressing the bad debt problem in the Slovak economy, M. Marrese. Foreign capital flows and domestic capital markets: short term capital inflows and long term external equilibrium, A. Uthoff the macroeconomic consequences of investment liberalization for developing countries, S. Guisinger is there competition for foreign direct investment? J. Bergsman.
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