Assessing the Problem and Favorable Conditions of Launching a Capital Market in Ethiopia
No Thumbnail Available
Date
2023-06
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Addis Ababa University
Abstract
This research study delves into the challenges and conditions involved in establishing a capital market in Ethiopia, aiming to provide an updated analysis of factors impacting its successful launch and operation. Employing a descriptive case study approach, data was collected through interviews with key participants primarily from Ethiopian Investment Holding (EIH) and Ethiopian Capital Market Authority (ECMA). Despite the political and economic volatility in Ethiopia, the study reveals a positive outlook from the government, EIH, and ECMA regarding the capital market launch. However, concerns persist regarding the launch timing and the need for public awareness. The study recommends that the government, ECMA, and EIH fulfill their respective roles and responsibilities in the capital market launch, with the government focusing on creating a favorable environment, ECMA providing necessary infrastructure and regulatory frameworks, and EIH contributing skilled experts. Collaboration among these entities is emphasized to overcome challenges and leverage favorable conditions for the capital market launch in Ethiopia