MACEDONIAN STOCK EXCHANGE: DEVELOPMENT OF INVESTMENT BANKING AS OPPORTUNITY FOR LARGER INVESTMENTS IN NATIONAL ECONOMY

Nadica Ivanovska () and Zoran Ivanovski
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Nadica Ivanovska: Central Cooperative Bank Skopje
Zoran Ivanovski: University of Tourism and Management in Skopje, Macedonia

UTMS Journal of Economics, 2011, vol. 2, issue 2, 221-226

Abstract: Institutional concentration of financial aggregates as well their market allocation through stock exchange is one of the basic conditions for efficient and fast economic growth. Full implementation of above mentioned functions also means appropriate place for investment banking, and their activities on primary capital market. This can be opportunity for larger investments in national economy and tourism.

Keywords: national economy; development of investment; investments banking; national economy; financial agregates; tourism (search for similar items in EconPapers)
JEL-codes: D92 G24 O16 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ris:utmsje:0043

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