Government Finance and the Equity Market

Syed Aun R. Rizvi, Obiyathulla Bacha and Abbas Mirakhor
Additional contact information
Abbas Mirakhor: International Centre for Education in Islamic Finance (INCEIF)

Chapter Chapter 6 in Public Finance and Islamic Capital Markets, 2016, pp 117-130 from Palgrave Macmillan

Abstract: Abstract Equity markets have slowly evolved over the years, and are now becoming a mainstay of the modern financial landscape. This chapter explores how the stock market has played a role in the economic development of the world. The stock market by its nature provides some advantages and some disadvantages to economic managers. With the notion of risk sharing creeping into most economic debates, the stock market offers governments a risk sharing mechanism to solve the crippling debt problems of the world. This chapter also goes one step further to propose some measures that the stock market can take to support governments in managing their finances.

Keywords: Equity markets; Government equity; Risk sharing; Stock markets (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:psibcp:978-1-137-55342-3_6

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137553423

DOI: 10.1057/978-1-137-55342-3_6

Access Statistics for this chapter

More chapters in Palgrave Studies in Islamic Banking, Finance and Economics from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().