IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

The Viability of Establishing Capital Market in Developing Countries: The Case of Ethiopia

The Viability of Establishing Capital Market in Developing Countries: The Case of Ethiopia
View Sample PDF
Author(s): Abdu Seid Ali (Marmara University, Turkey)
Copyright: 2016
Pages: 18
Source title: Handbook of Research on Chaos and Complexity Theory in the Social Sciences
Source Author(s)/Editor(s): Şefika Şule Erçetin (Hacettepe University, Turkey)and Hüseyin Bağcı (Middle East Technical University, Turkey)
DOI: 10.4018/978-1-5225-0148-0.ch025

Purchase

View The Viability of Establishing Capital Market in Developing Countries: The Case of Ethiopia on the publisher's website for pricing and purchasing information.

Abstract

The outlook concerning worthiness and significance of establishment of stock market to nations in general, to developing nations in particular, have assorted to a great extent over time. Developing countries are trying towards improving and stepping up financial systems, by way of amplifying their security markets in order to perk up their ability to bring together resources to economy and fruitfully allot them to highly productive segments of the economy. This paper attempts to examine the feasibility of launching a stock market in Ethiopia. Regulatory framework, financial sector development and privatization and private sector development have been covered to analyze practicability of organizing “capital market”. The regulatory framework at hand is not adequate to establish a stock market and despite the boom in privatization, the country's huge companies still remain under control of the state. Nonetheless, it has been jeopardized by deficiency of financial liberalization and dominance of state banks.

Related Content

. © 2021. 24 pages.
. © 2021. 18 pages.
. © 2021. 23 pages.
. © 2021. 32 pages.
. © 2021. 20 pages.
. © 2021. 29 pages.
. © 2021. 23 pages.
Body Bottom