THE IMPACT OF THE CAPITAL MARKETS ON THE ECONOMIC GROWTH IN NIGERIA (1988-2011)
CHAPTER ONE INTRODUCTION 1.1 Background of Study The capital market is a highly specialized and organized financial market and indeed essential agent of economic growth and development because of its ability to facilitate and mobilize saving and investment. To a great extent, the positive relationship between capital accumulation and real economic growth has long been affirmed in economic theories (Anyanwu, 1996). Success in capital accumulation and mobilization for development varies ...
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