%0 Journal Article
%T THE IMPORTANCE OF CAPITAL MARKET IN ECONOMY
%A Alin Marius Andrie£¿
%J CES Working Papers
%D 2009
%I University of Iasi
%X 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.
%K capital market
%K stock exchange
%K investment
%K economic development
%U http://cse.uaic.ro/WorkingPapers/articles/CESWP2009_I2_AND.pdf