Roles of Mutual Fund on Economic Development in Thailand
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Abstract
This paper aims analyzing roles of mutual fund market on economic
development in Thailand. Our results show that mutual fund has been playing an
important role for being a cheap source of fund for a number of maga-projects.
Benefi ts of mutual fund are not only for savers/investors in a particular, but also
for serving investment projects in basic infrastructure, enhancing social welfare, and
reducing social inequality that are all necessary conditions for long-term economic
sustainability
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