The Role of Mobilization of Capital Market Financial Resources In order to Restitance of Iran Economy from achieving sustained and Steady Economic Growth Channel
Dr. Abolfazl Shahabadi () and
Dr. Mahdi Jafari ()
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Dr. Abolfazl Shahabadi: Associate Professor, Faculty of Economics and Social Science, Bu-Ali Sina University, Hamedan, Iran
Dr. Mahdi Jafari: Ph.D of Economics of Mofid University and teacher of Hazrat Masoumeh University, Qom, Iran,
International Journal of Resistive Economics, 2017, vol. 5, issue 1, 48-60
The mobilization of financial resources and the way of directing it towards productive investment activities and the existence of efficient capital market which provides the connection between money suppliers and money applicants in the best condition, are considered as the basic principles of each growing and developing economy. Whereas, resistive economy is only way to escape from economic and financial sanctions. As regards, one of the main factors of resistive economy is the increase of domestic production and in order to reach it, thus, it is possible with the increasing investment and the mobilization of financial resources. Capital market by increasing the mobilization of savings and increasing the capital formation influence the economic growth and increasing gross domestic product (GDP). Therefore, the mobilization of financial resources through capital markets is one of the determining factors of the economic growth and increasing gross domestic product. Hence, this research investigates and analyses the role of mobilization of capital market financial resources in order to Retrofitting Iran Economy from achieving sustained and steady economic growth Channel in the period of 1993 to 2014. The results show that with increasing in the mobilization of financial resources, the economic growth and GDP is increased.
Keywords: Mobilization of Financial Resources; Capital Market and Resistance Economy (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:trd:journl:v:5:y:2017:i:1:p:48-60
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