For economics ignoramuses like me, is there anything you’d recommend reading to better understand the impact of ETF-like entities on the economic growth of countries they invest in?
It seems reasonable that the ETF you propose would in fact lower capital costs and promote entrepreneurship, but I don’t have a sense of whether that idea is at all controversial //​ what happened as the result of past ETF investment in emerging markets. (I’m also uncertain about the scale of impact we might expect from a fund of a given size, whether impact would be linear vs. logarithmic based on fund size, etc.)
For economics ignoramuses like me, is there anything you’d recommend reading to better understand the impact of ETF-like entities on the economic growth of countries they invest in?
It seems reasonable that the ETF you propose would in fact lower capital costs and promote entrepreneurship, but I don’t have a sense of whether that idea is at all controversial //​ what happened as the result of past ETF investment in emerging markets. (I’m also uncertain about the scale of impact we might expect from a fund of a given size, whether impact would be linear vs. logarithmic based on fund size, etc.)