The capital market contributions towards economic
Bcra | 171 1 this article is based on the first chapter of the book emerging capital markets and globalization by the same authors, published by stanford university press and the world bank, 2006 we thank jose azar and. To explain what nigerian capital market is all about to identify the contributions of the nigerian capital market in our economy to know the performance of the nigerian capital market towards the growth of the economy to identify the problems of the nigeria capital market to make suggestions for improved performance. This term paper is written to help show the contributions of the nigeria capital market and it’s contribution to the economy it is a term paper that brings out the whole system of nigeria capital market, it’s problem and contribution to the economy it also provide the recommendations that are supposed to be made to the capital market as a whole so. With the increase in the security and exchange commission valuation activities one is left to say that the nigeria capital market is enhancing it’s performance there by contributing to the growth of the economy ( a total of 253 securities, involving 1734 billion shares valued at 2033 billion were assessed by securities and exchange commission in. Broadly, capital markets can refer to markets for any financial asset (see also, financial markets: capital versus money markets in the context of corporate finance, the term refers to venues for obtaining investable capital for nonfinancial companies here, investable capital includes the external funds included in a weighted average cost of.
Participation of nigerians in the stock market holdings (sec, 2005) recently, both economists and policy markers at the capital market have directed considerable attention towards the development of the market the main reason for this attention lies on the important economic roles the capital market is supposed to play in an economy. Ch 12: finance and growth: theory and evidence 867 1 introduction economists disagree sharply about the role of the ﬁnancial sector in economic growth. Abstract- the paper examined the role of stock market on nigeria’s economic development from 1980 to 2010 which cover the market performance and economic. The role of government in economic development november 2006 oh-seok hyun, phd president trade research institute korea international trade.
This paper empirically examines the impact of the nigerian capital market on the nigerian economy looking at a 20 years period from 1992 to 2011 the nigerian capital. The role of financial markets in economic growth ercan ekmekçioğlu, assocprof(phd) university of economics and entrepreneurship [email protected] ─abstract ─ this paper aims at scrutinizing how financial markets operate in trying to influence the magnitude and direction of economic. This study examined the impact of nigerian capital market on economic growth and development between 1990 and 2011 data were collected from security exchange.
Taking into account the apart role in the market economy, the capital market occupies an important place, through their specific mechanisms, succeeding to give its contribution to the economic development of the society. It is a great pleasure and honour for me to join the oesterreichische nationalbank for its 2001 economics conference on the single financial market: two years into emu i would like to take the opportunity today to talk about the role of financial markets for economic growth i shall first.
The capital market contributions towards economic
Capital market as a barometer for development: its impact and contribution to nigerian economy 1991-2011 towards the development of the market. The contribution of foreign direct investment into home country’s development mohammad reza nourbakhshian mba student faculty of.
The absence of a capital market will hamper industrial growth data used in this study were obtained from nigeria stock exchange the range is from 1998-2013 ordinary least square (ols) technique was used to analyze the data the study showed that nigeria capital market contributes to economic development by using market capitalization. This study aims at examine the contribution of capital market on economic growth in nigeria using time series data from 1981 – 2010 the rest of the study is. Based on its importance in accelerating economic growth and development, government of most nations tend to have keen interest in the performance of its capital market (away, the capital market contributions towards economic growth and development by sockeyes contributes to the socio-economic growth and development of emerging and. Lets look at some of the importance of capital market in economy importance of capital market 1 it is only with the help of capital market, long-term funds are raised by the business community.
The contribution of the capital market to the nigerian economy development does not occur in a vacuum a necessary condition for rapid economic development is effective mobilization of resources within the economy of interest for economic development to be rapid, it will be essential to establish effecting tools for mobilization and allocation of. The contribution of banks towards the formation of capital market liquidity: the case of moldova rodica hincu, florin-marian buhociu and marcelina rosca additional contact information rodica hincu: academy of economic studies of moldova. Breaking down 'capital market line - cml' the capital asset pricing model (capm) proves that the market portfolio is the efficient frontier it is the intersection between returns from risk-free investments and returns from the total market the security market line (sml) represents this the. The role of the capital market in the economic development ovidiu stoica abstract taking into account the apart role in the market economy, the capital market.