Possibilities Of Developing Capital Market In Ethiopia

dc.contributor.authorYidenekachew, Tessera
dc.date.accessioned2021-03-11T05:57:54Z
dc.date.accessioned2023-11-04T09:37:53Z
dc.date.available2021-03-11T05:57:54Z
dc.date.available2023-11-04T09:37:53Z
dc.date.issued2006-07
dc.descriptionIn Partial Fulfilment Of The Requirements For The Master Degree In Business Administrationen_US
dc.description.abstractOne of the phenomenal events of the 21 51 century is the globalized feature of both the factor and product market all over the world. This, does not only created opportunity for the developing countries for a relatively easier access for the products and services of developed countries, but also helped the developed one's to enjoy the benefit of diversification and exploit the potential cheap labor power, un exploited natural resource, and high purchasing power bloated by large population size. Moreover, the globalization trend also made it possible for a relatively easy transfer of technology and above all the transfer of finance. Shortage of finance is a major constraint in realization of economic development for developing countries. They usually rely on foreign borrowing to finance their larger and long term projects. However; this source is the most unreliable and remote. Thus, it is desperate move fro developing countries like Ethiopia to search for the alternative means to reap the premiums made available in the global market. The World Bank and IMF recommend to countries to exercise liberalization and deregulations of the economy to be able to participate and benefit from the global market. Among the most important intermediations recommended for integration in- the global market and mobilize and channel both foreign and local resources to wards the most productive sector is the development of capital market. Recognizing the role played by security market in mobilizing and allocating resources more than a dozen of African countries developed a stock market. Ethiopia is not among this group. This paper focuses on evaluating the need and identifying the availability of the pre-requisites for stock market development and concludes by recommending the possibility of emerging stock market in Ethiopia.en_US
dc.identifier.urihttp://etd.aau.edu.et/handle/123456789/25392
dc.language.isoenen_US
dc.publisherA.A.Uen_US
dc.subjectCapital Market In Ethiopiaen_US
dc.titlePossibilities Of Developing Capital Market In Ethiopiaen_US
dc.typeThesisen_US

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