The UK National Institute highlights a higher price for risk, which would increase the effective cost of capital, involving a higher equity premium in the stock market.
英国国家经济社会研究院(National Institute of Economic and Social Research)则强调了风险价格的上升——这会增加资本的有效成本，包括股市溢价上升。
A developed and effective financial market could not only raise the money needed for national construction, but also guarantee the effective distribution of the capital among economic departments.
一个发达而有效的金融市场不仅可以筹集国家建设所需要的资金，并能保证资金在各经济部门之间的有效分配。
In fact, it is the internationalized short-term market of capital debit and credit, in which currency turn into capital without the restriction of national laws and fulfilled internationalization.
其实质是短期资本借贷市场的国际化，货币转化为资本的过程突破国家法律限制的国际化。
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