This paper is an effort to study the role of foreign private investment and foreign remittance in the stock market development of three major South Asian Countries i.e. Pakistan, India and Bangladesh. Secondary data maintained by World Bank of 24 years from 1988-2011, are analyzed using E-view...

This paper shows that global capital markets cannot, by themselves, achieve net transfers of financial capital between countries and that both the integration of global financial markets as well as the integration of global goods markets are needed to achieve net transfers of capital between...