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The Importance Of Capital Market In Economy


  • Alin Marius Andries

    () (Alexandru Ioan Cuza University of Iasi, Romania)


All participants in capital markets are asking how to finance investments or to invest money available. The answer to these questions depends on the situation you have: deficit or surplus capital. This article addresses issues concerning the place and role of capital market within the financial markets and in financing investments, trying to highlight the growing importance of this subsystem, shown both to economic agents and to all categories of investors.

Suggested Citation

  • Alin Marius Andries, 2009. "The Importance Of Capital Market In Economy," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 1(2), pages 69-75, December.
  • Handle: RePEc:jes:wpaper:y:2009:v:1:i:2:p:69-75

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    References listed on IDEAS

    1. Guglielmo Maria Caporale & Peter G. A Howells & Alaa M. Soliman, 2004. "Stock Market Development And Economic Growth: The Causal Linkage," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 29(1), pages 33-50, June.
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