مجلة أداء المؤسسات الجزائرية
Volume 3, Numéro 6, Pages 139-157
There are several proposals trying to show what needs to be done in order to create a stock market; and make it function as an intermediary between the surplus units and deficit units inside local and global financial system. Through this study, we will try to highlight the factors leading to the establishment and development of Securities Market according to a theoretical model that includes various economic and legal aspects, and with respect to the financial services trade liberalization agreement. Model elements were divided into basic factors provided by the agreement, and supportive factors, which serve as a solid ground, that allow an effective application. We have designed the model in a way that reveals the defects of any Stock Exchange, and its most important deficiencies.
Financial market, stock market, liberalization of trade in financial services, basic factors, supporting factors.
خــــزان عبد الحفيظ
بسبع عبد القادر