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Development of TFC Market in Pakistan: Challenges and Prospects

Abdul Yousfani and S. Asad Hussain ()
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S. Asad Hussain: Shaheed Zulfikar Ali Bhutto Institute of Science and Technology (SZABIST)

Journal of Independent Studies and Research (JISR), 2004, vol. 2, issue 2, 27-37

Abstract: This paper discusses the need for corporate debt market in the financial structure of a country with a view to find a rationale through the use of cost-benefits analysis framework. An analysis of the corporate debt market of Pakistan has been included to develop models, identify problem areas/ factors inhibiting its growth and recommend measures for facilitating solid, sound and strong market in the country. It also includes a financial market maturity model that can be applied to the developing and emerging economies of the world.

Keywords: TFC Market in Pakistan; TFC Market; TFC (search for similar items in EconPapers)
JEL-codes: A1 A2 (search for similar items in EconPapers)
Date: 2004
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