A network of intermediaries in the form of primary dealers was developed for this purpose. Retail participation has been promoted in the primary market (through a system of non-competitive bidding in the auctions) as well as in the secondary market (by allowing retail trading in stock exchanges).
However, linkages between education and training strategies and SME/enterprise development strategies are still weak, resulting in weak market signals for policymakers and administrators. 20. The education and training systems can influence the level of entrepreneurial activity in developing economies by developing an awareness and appreciation of the same in the wider society.