Article
Major Overhaul Of Capital Markets Law Sought
The foundations of the capital markets in Turkey were laid down during the 1980s. However, since then the development of the capital markets in Turkey has not been entirely satisfactory for a variety of reasons. Macroeconomic and political inconsistencies, the so-called shadow economy, high domestic debt stocks and real interest rates are some of the external factors that may obstruct the development of fully-fledged capital markets with sufficient depth in the country. In addition to these exte
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