Emerging equity market and economic development: Bangladesh perspective

Dr Haradhan Mohajan (), Rajib Datta and Arjun Das

MPRA Paper from University Library of Munich, Germany

Abstract: Bangladesh capital market is one of the smallest market in Asia but the third largest in the South Asian region. A stock market or equity market is a public entity for the trading of company stock and derivatives at an agreed price. These are securities listed on a stock exchange as well as those only traded privately. Economic development is a term that generally refers to the sustained, concerted effort of policymakers and community to promote the standard of living and economic health in a specific region. Such effort can involve multiple areas including development of human capital, critical infrastructure, regional competitiveness, environment sustainability, social inclusion, health, safety, literacy and other plans. Economic development differs from economic growth and economic development is policy involvement activities with aims of economic and social well-being of people. Economic growth is a phenomenon of market productivity and rise in gross domestic product. In this paper an attempt has been taken to analyze the capital market in some details.

Keywords: Equity market; Economic development; Security Exchange Commission; Chittagong Stock Exchange; and Dhaka Stock Exchange. (search for similar items in EconPapers)
JEL-codes: G31 (search for similar items in EconPapers)
Date: 2011-06-15, Revised 2011-11-10
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in International Journal of Economics and Research 3.3(2012): pp. 126-143

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