Record Details

Capital Markets And Economic Development: A Framework For Newly Liberalized Economies

Journal of Business & Economics Research

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Field Value
 
Title Capital Markets And Economic Development: A Framework For Newly Liberalized Economies
 
Creator Ouandlous, Arav
 
Description One of the main objectives of this study is to show the necessity of capital markets and the sine qua non condition for their effective and efficient use for economic development.  I relied heavily on a large body of scientific literature and empirical evidence to support my assertions.  The implementation of capital markets requires time and more importantly cooperation between the government authorities and the private sector.  I believe that the efficient functioning of capital markets presupposes a favorable economic and political environment and a corresponding appropriate institutional support for this environment.  The confidence in the future and the confidence of the investors in this future are the sine qua non for the success of these capital markets.  Thus, the role of the government in providing this confidence is pivotal to the implementation of efficient capital markets and to the propelling of economic development.
 
Publisher The Clute Institute
 
Date 2010-12-28
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://clutejournals.com/index.php/JBER/article/view/728
10.19030/jber.v8i6.728
 
Source Journal of Business & Economics Research (JBER); Vol 8 No 6 (2010)
2157-8893
1542-4448
10.19030/jber.v8i6
 
Language eng
 
Relation http://clutejournals.com/index.php/JBER/article/view/728/713