The role of the stock exchange in the transition period to the market economy in Romania

Ioan Uifălean and Alina Fleşer
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Ioan Uifălean: University of Petroşani, Romania
Alina Fleşer: University of Petroşani, Romania

Annals of the University of Petrosani, Economics, 2001, vol. 1, 125-129

Abstract: The article makes a review of the role that the Stock Exchange has in the market economy and a short history of it in Romania. It also makes a presentation of the OTC (“over the market”) market – which is a component of the secondary capital market. The indisputable international leader of this market is NASDAQ, and for Romania the transactional system on the OTC market is RASDAQ

Keywords: stock exchange; black market; secondary market; BVB; OTC; RASDAQ (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:pet:annals:v:1:y:2001:p:125-129

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