Sajnoski, Krste (2011) Opportunities for upheaval in developing market securities in Macedonia. Годишен Зборник 2011, 3. pp. 4-72. ISSN 1857-76-28
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Abstract
This parer analyze the development of market securities in Macedonia.
We present arguments which show that the emission of securities is negligible
and with large oscillations. The value of emissions increases its share in GDP
and gross investment in the country, but it is still below the level necessary and possible to determine as a factor for acceleration of economic activity and as a competitive factor of banks in providing funds for development.
Among the reasons for the such results is an unfavorable environment
for investment through the issuance of long-term equity and debt securities.
The main impact of unfavorable environment for investment is the monetary
strategy in which the policy of fi xed exchange rate is a nominal anchor for
the internal balance. Without its change can not be expected to improve the
atmosphere for investment, and thus to revive the primary market of securities.
| Item Type: | Article |
|---|---|
| Subjects: | Social Sciences > Economics and business |
| Divisions: | Faculty of Economics |
| Depositing User: | Krste Sajnoski |
| Date Deposited: | 19 Dec 2012 12:59 |
| Last Modified: | 10 Jun 2013 13:32 |
| URI: | https://eprints.ugd.edu.mk/id/eprint/4064 |
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