Question 2 Large number of countries, especially the developing ones, they do not have adequate markets for debt securit

[answerhappygod]

Question 2
Large number of countries, especially the developing
ones, they do not have adequate markets for debt securities. Why do
you think that inefficient financial institutions and markets limit
the ability of these countries to promote (a) rapid development of
the country, (b) business expansion, (c) growth in productivity and
(d) what advantages countries can have from integration into the
global market?
Question 3
The financial institutions must comply with government
regulations. Governments usually monitor banks by focusing on
certain criteria.