Article summary Essay Example | Topics and Well Written Essays - 3500 words

Article summary - Essay Example of the development possibilities for a well built capital market backed by local investors in small economies despite the substantial growth of their economy. The data pointed out by the article proves the economic status of Slovenia as an ideal example for this scenario. The paper very well confirms the availability of ample infrastructure in Slovenia so as to develop a mature capital market. The author has urged the need of developing an ‘equity culture’ in the Slovenian market so as to create a promotional economic environment for the growth of a healthy capital market. This in turn needs the liberalization, deregulation and adjustments in the structural issues, supervisory issues and the issues in relation with the implementation of common guidelines in relation with the international capital market. The author demands the capacity building and branding of state owned stakes to develop their status as ones having sellable stocks. Incentives so as to foster financial innovation have to be issued by the government. Further, it has been demanded to develop international collaborations and associations so as to trigger the development of a corporate market. The article also suggests that the regulations on foreign investment and their participation in local trade have to be taken off. These strategies in alignment with administrative reforms have been envisaged by Jochen R Andritzky to promote the development of a capital market. The article is a guideline for individual economies to develop as globally competitive ones. Though the conclusions of the article have been framed in accordance with a case study done on Slovenia, they are applicable for the prospering economies still striving to get into the global scenario. Primarily the international expertise of the author and the organizational profile he owns confirms the credibility of the study. The study has been based on solid scientific investigation strictly based on economic grounds. The paper has well