Technical Note
Salman Shah
INDUSTRY : Financial Services
AREA : Finance
ORGANIZATION : -
LENGTH : 7
LUMS No : 02-471-95-2
PUBLICATION YEAR : 1995
KEYWORDS:
Financial Markets,Pakistan,Finance,Financial Services
DESCRIPTION:
A strong and effective financial market is indispensable for the health and vitality of Pakistan's economy. From our national perspective an efficient financial market should: 1) Ensure that scarce resources are allocated to the most productive investments yielding the highest returns for given-levels of risk; 2) Facilitate the flow of funds from the suppliers of funds to users of funds at a minimum service cost; 3) Be accessible to a larger number of suppliers and users of funds; 4) Provide a wide range of instruments offering a continuum of risk-return combinations and maturities; 5) Ensure that various instruments offer a fair return and are correctly priced; and 6) Finally, effectively garner the savings in the country for economic development and growth.
LEARNING OBJECTIVES:
N/A
SUBJECTS COVERED:
Finance