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MERCATI FINANZIARI E SISTEMA DELLE IMPRESE

LORENZO CAPRIO
Rivista Internazionale di Scienze Sociali
Anno 106, No. 2, Recenti sviluppi dell'economia italiana (Aprile-Giugno 1998), pp. 243-273
Stable URL: http://www.jstor.org/stable/41623982
Page Count: 31
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MERCATI FINANZIARI E SISTEMA DELLE IMPRESE
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Abstract

In the article, the evolution of the links between financial markets and the corporate sector in the 90s is examined. It is shown that in this decade the hoped-for development of closer links between markets and firms was not observed. However, several evolutionary elements that are analyzed in the paper have occurred, both in the regulation and in the agents' behavior. Many constraining factors that hindered the alignment of the Italian financial markets to the efficiency levels elsewhere prevailing have been removed. In the near future, some relevant facts - like European single currency - will act in favor of an enlarged access of Italian corporations to financial markets.

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