Many countries of the former Soviet Union are finding the transformation to a market-based economy to be quite difficult and economic growth rates for many of these countries are quite low.Explain what role the lack of financial market development may play in these countries.

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The Answer of Many countries of the former Soviet Union are finding the transformation to a market-based economy to be quite difficult and economic growth rates for many of these countries are quite low.Explain what role the lack of financial market development may play in these countries.

Many Countries of the Former Soviet Union Are Finding the Transformation