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 The influence of stock markets on economic growth. Evidence from the African continent
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The influence of stock markets on economic growth. Evidence from the African continent

автор Jochem E. издательство Книга по Требованию Книги
Cтраниц 72        мягкая обложка       
Аннотация:An OLS regression with panel-corrected standard errors is performed on this panel. In order to find this out, a panel data set with annual observations from 1988-2008 for 17 African countries is constructed. Therefore this manuscript analyzes the effects that financial systems have on the economies of several African countries, laying its main focus on stock markets. An influential body of theoretical literature documents the role of financial systems on economic growth. It examines whether the existence of stock markets in African countries influences economic growth within the involved countries. The fact that both stock market development indicators enter the regression significantly shows that the presence of stock markets on the African continent is definitely not insignificant for its economies. Now that the world becomes increasingly aware of the importance of the development of African economies, it is even more interesting to have a good understanding of the effects of financial systems on the African continent. As the bulk of this literature is focused on developed economies, little is known about the effects of the less developed financial systems in African countries.
Автор: Jochem E.
Издательство: Книга по Требованию
Год:2010
Цена:
1893 руб
Нет в наличии
Поиск: The influence of stock markets on economic growth. Evidence from the African continent



Introducere

Compara ismul va rebui о aces caz sг apeleze la li era ura de speciali a e, sг cerce eze s area moravurilor єi i flue юa radiюiilor. Fu cюiile drep ului compara u po fi disocia e de fu cюiile ge erale ale eoriei drep ului (cog i ivг, cri icг, prac ic-aplica ivг). Comparaюia aju г ese юial la co s ruirea ipologiilor juridice єi clasificгrilor, о procesul de legiferare, me oda compara ivг are, de aseme ea, o impor a юг majorг, ea fur izв d i formaюii preюioase legiui orului, о legг urг cu regleme гrile cupri se о al e sis eme de drep sau о docume e juridice i er aюio ale. Pri s udiul compara al diferi elor i s i uюii juridice aюio ale se despri d fac orii se de ermi г a в rгsг urile lor comu e cв єi cele specifice. Combг в d о pri cipiu preluarea meca icг a u or i s i uюii єi regleme гri juridice di r-o юarг la al a, ca єi co siderarea u ora drep modele de urma о al e югri, me oda compara г ara г calea realis г de folosire a experie юei legisla ive єi juridice, оmbogгюirea reciprocг a sis emelor juridice di diferi e югri є iu fii dcг orice regleme are juridicг rebuie sг izvorascг єi sг rгspu dг о primul rв d evoilor aюio ale, specificului єi par iculari гюilor югrii respec ive, iar pe ru gгsirea soluюiilor op ime va s udia, evide єi, experie юa al or sis eme de drep .
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