Reducing Corruption Boosts Asian Stock Market Development, Study Finds
The study looked at how different factors like income, savings, foreign investment, and corruption affect the stock market in Asian countries. They found that higher savings, foreign investment, and money supply are linked to a better stock market. However, higher income levels can actually have a negative impact. Interestingly, reducing corruption can lead to a stronger stock market. So, keeping corruption low is important for a healthy stock market in Asia.