NECESSITY AND FUTURE PERSPECTIVES FOR THE INVESTMENT FUNDS DEVELOPMENT IN THE REPUBLIC OF NORTH MACEDONIA
The capital market development in a national economy has an important influence on its economic growth and development and how successfully it will follow the economic trends on a world level. Especially important segment for encouraging the capital market development is the emergence of the inves...
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| Format: | Article |
| Language: | English |
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Academica Brâncuşi
2022-12-01
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| Series: | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
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| Online Access: | https://www.utgjiu.ro/revista/ec/pdf/2022-06/05_Risteska.pdf |
| _version_ | 1797640516461920256 |
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| author | FANKA RISTESKA |
| author_facet | FANKA RISTESKA |
| author_sort | FANKA RISTESKA |
| collection | DOAJ |
| description | The capital market development in a national economy has an important influence on its economic growth and
development and how successfully it will follow the economic trends on a world level. Especially important segment for
encouraging the capital market development is the emergence of the investment funds.
In the developed market systems, the investment funds are dominant by their participation in the financial
system due to the risk diversification, the working transparency, the liquidity and the possibility to invest smaller
amount of funds.
In the developing countries, as it is a case with Republic of North Macedonia, the investment funds have
existed for several years and they are at the beginning of their development. The legal framework establishment and
the possibility for forming these kinds of collective investors which will enrich the financial market, and which has
already been a world practice, have not brought significant changes in the financial system. The insufficient maturity of
the capital market, the weak economic base, the limited competition and the closed market towards other countries, as
well the fear of investing in something unknown significantly made the conditions for progress difficult.
This research aim is through method of analysis to determine the real situation and the limiting factors, and
the possibilities and the necessity for the investment funds development in RN Macedonia towards the economic
development advancement.
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| first_indexed | 2024-03-11T13:32:03Z |
| format | Article |
| id | doaj.art-fe090a11657b45eeb310a050861043b7 |
| institution | Directory Open Access Journal |
| issn | 1844-7007 |
| language | English |
| last_indexed | 2024-03-11T13:32:03Z |
| publishDate | 2022-12-01 |
| publisher | Academica Brâncuşi |
| record_format | Article |
| series | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
| spelling | doaj.art-fe090a11657b45eeb310a050861043b72023-11-02T17:16:04ZengAcademica BrâncuşiAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie1844-70072022-12-0164146NECESSITY AND FUTURE PERSPECTIVES FOR THE INVESTMENT FUNDS DEVELOPMENT IN THE REPUBLIC OF NORTH MACEDONIAFANKA RISTESKA0ASSOCIATE PROFESSOR, UNIVERSITY “ST.KLIMENT OHRIDSKI”-BITOLA, NORTH, MACEDONIA The capital market development in a national economy has an important influence on its economic growth and development and how successfully it will follow the economic trends on a world level. Especially important segment for encouraging the capital market development is the emergence of the investment funds. In the developed market systems, the investment funds are dominant by their participation in the financial system due to the risk diversification, the working transparency, the liquidity and the possibility to invest smaller amount of funds. In the developing countries, as it is a case with Republic of North Macedonia, the investment funds have existed for several years and they are at the beginning of their development. The legal framework establishment and the possibility for forming these kinds of collective investors which will enrich the financial market, and which has already been a world practice, have not brought significant changes in the financial system. The insufficient maturity of the capital market, the weak economic base, the limited competition and the closed market towards other countries, as well the fear of investing in something unknown significantly made the conditions for progress difficult. This research aim is through method of analysis to determine the real situation and the limiting factors, and the possibilities and the necessity for the investment funds development in RN Macedonia towards the economic development advancement. https://www.utgjiu.ro/revista/ec/pdf/2022-06/05_Risteska.pdfinvestment fundcapital marketfinancial systemeconomic growth |
| spellingShingle | FANKA RISTESKA NECESSITY AND FUTURE PERSPECTIVES FOR THE INVESTMENT FUNDS DEVELOPMENT IN THE REPUBLIC OF NORTH MACEDONIA Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie investment fund capital market financial system economic growth |
| title | NECESSITY AND FUTURE PERSPECTIVES FOR THE INVESTMENT FUNDS DEVELOPMENT IN THE REPUBLIC OF NORTH MACEDONIA |
| title_full | NECESSITY AND FUTURE PERSPECTIVES FOR THE INVESTMENT FUNDS DEVELOPMENT IN THE REPUBLIC OF NORTH MACEDONIA |
| title_fullStr | NECESSITY AND FUTURE PERSPECTIVES FOR THE INVESTMENT FUNDS DEVELOPMENT IN THE REPUBLIC OF NORTH MACEDONIA |
| title_full_unstemmed | NECESSITY AND FUTURE PERSPECTIVES FOR THE INVESTMENT FUNDS DEVELOPMENT IN THE REPUBLIC OF NORTH MACEDONIA |
| title_short | NECESSITY AND FUTURE PERSPECTIVES FOR THE INVESTMENT FUNDS DEVELOPMENT IN THE REPUBLIC OF NORTH MACEDONIA |
| title_sort | necessity and future perspectives for the investment funds development in the republic of north macedonia |
| topic | investment fund capital market financial system economic growth |
| url | https://www.utgjiu.ro/revista/ec/pdf/2022-06/05_Risteska.pdf |
| work_keys_str_mv | AT fankaristeska necessityandfutureperspectivesfortheinvestmentfundsdevelopmentintherepublicofnorthmacedonia |