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Recent Evolution Of The Capital Markets In Romania

Author

Listed:
  • Catalin Drob

Abstract

The purpose of this study is to emphasize the main aspects regarding the establishment, development and evolution of the capital market in Romania. This study tries to present the main milestones which marked the evolution of the national capital market from the beginning until now. Even if the first Romanian stock exchange was established in 1881, the modern capital market in Romania is a relatively young, which began to function with the reestablishment of Bucharest Stock Exchange in 1995. The capital market in Romania has a great potential of development. Statistical data presented in this paper, regarding the evolution and the development of the capital market in Romania, emphasizes that this market was and is strongly linked to developments in the real economy.

Suggested Citation

  • Catalin Drob, 2014. "Recent Evolution Of The Capital Markets In Romania," Studies and Scientific Researches. Economics Edition, "Vasile Alecsandri" University of Bacau, Faculty of Economic Sciences, issue 20.
    • Handle: RePEc:bac:fsecub:14-20-16
    as

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    File URL: http://sceco.ub.ro/DATABASE/repec/pdf/2014/20142016.pdf
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    References listed on IDEAS

    as
    1. Flavia Barna & Petru-Ovidiu Mura, 2010. "Capital Market Development And Economic Growth: The Case Of Romania," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 10(2), pages 31-42.
    2. Leonardo BADEA, 2012. "Impact of the Financial Crisis on the Romanian Capital Market in the European Context," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(3(568)), pages 27-40, March.
    3. Bailey,Roy E., 2005. "The Economics of Financial Markets," Cambridge Books, Cambridge University Press, number 9780521612807.
    4. Dragota, Victor & Stoian, Andreea & Pele, Daniel Traian & Mitrica, Eugen & Bensafta, Malik, 2009. "The Development of the Romanian Capital Market: Evidences on Information Efficiency," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 6(2), pages 147-160, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    economy; realities; crisis; capital market; growth; Romania;
    All these keywords.

    JEL classification:

    • D53 - Microeconomics - - General Equilibrium and Disequilibrium - - - Financial Markets
    • E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy

    Statistics

    Access and download statistics

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