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- W2002164543 abstract "Purpose – The recent global financial crisis has demonstrated the susceptibility of local economies to the global market system and its idiosyncrasies. While liberalisation of financial markets was initially deemed essential to ease access to cheap capital, it has demonstrated the potential to engender instabilities in the regulatory system. With reference to financial markets regulatory challenges in Uganda, this paper aims to explore how a liberalised market economy can also be exploited to perpetuate corruption and other financial malpractices.Design/methodology/approach – This paper explores the challenges to financial markets liberalisation in the absence of effective oversight institutions. Specifically, it draws on experiences of liberalisation of financial markets in Uganda to examine how that country's experience and its antecedents in the wider financial system could have signposted the threat of another financial crisis.Findings – While acknowledging the importance of financial markets to devel..." @default.
- W2002164543 created "2016-06-24" @default.
- W2002164543 creator A5023174171 @default.
- W2002164543 date "2011-07-19" @default.
- W2002164543 modified "2023-09-25" @default.
- W2002164543 title "Was the recent global financial crisis symptomatic from the challenges of liberalisation of financial markets in Uganda?" @default.
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- W2002164543 doi "https://doi.org/10.1108/13685201111147531" @default.
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