Can you elaborate on which countries worldwide currently do not possess a stock exchange? Are there any notable regions or economic blocs that are particularly lacking in this regard? Are there any potential benefits or drawbacks for a country to remain without a stock exchange? Additionally, have there been any recent developments or initiatives aimed at establishing new stock exchanges in these countries? Understanding the current landscape and potential future trends in this area would be highly insightful.
7 answers
Giuseppe
Mon Sep 23 2024
Angola, located in Sub-Saharan Africa, is a country with a population exceeding 19 million people. Despite its significant population, Angola does not have a stock exchange, making it a unique case in the global financial landscape.
CryptoAce
Sun Sep 22 2024
The absence of stock exchanges in these countries, along with 16 others with populations over 1 million, underscores the diversity of financial systems across the globe. Each country's unique circumstances, including political stability, economic development, and regulatory frameworks, contribute to the presence or absence of stock exchanges.
Lucia
Sun Sep 22 2024
In contrast, countries with well-established stock exchanges often enjoy greater access to capital, improved corporate governance, and increased transparency in financial markets. These exchanges facilitate the trading of securities, including stocks, bonds, and derivatives, and play a crucial role in driving economic growth and development.
KDramaLegendaryStarlight
Sun Sep 22 2024
Burma, also known as Myanmar, resides in the Asia-Pacific region and boasts a population of over 60 million individuals. Similarly, Burma lacks a stock exchange, highlighting the disparities in financial infrastructure across the world.
AltcoinAdventurer
Sun Sep 22 2024
Cuba, nestled in the Caribbean, is another country with a population surpassing 11 million people. Despite its vibrant economy and cultural heritage, Cuba does not have a stock exchange, underscoring the challenges faced by some nations in establishing such financial institutions.