THE IMPACT OF THE CAPITAL MARKET ON THE ECONOMIC GROWTH IN NIGERIA
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF STUDY The capital market is a highly specialized and organized financial market and indeed an essential agent of economic growth and development because of its ability to facilitate and mobilize savings 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 ...
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