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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.
Abdul Majid Yousfani, Syed Asad Hussain. (2004) Development of TFC Market in Pakistan: Challenges and Prospects, , Volume-02, Issue-2.
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