الأسواق الماليـــــة وأثرها في التنمية الاقتصادية سوق العراق للأوراق المالية دراسة حالـــة

Abstract

Many modern applied studies had asserted on the strong relationship that connect between the capital and averages of the economic development. Generally we can say that the financial markets are pushing toward the economic development and growth through perform a number of tasks such as savings mobilization, financing productive activities, Increasing allocation of resources, raising rates of investment productivity, increasing the volumes of investment, and other. But this vision was not clear because of impact of Iraq Stock Exchanging on economic activity in Iraq. Based on the above, hypothesis of the study showed there is weakness and ineffectiveness relationship between capital markets of rates of economic growth and the process of economic development for Iraq stock exchanging. The study reached number of conclusions such as Hypothesis is confirmed through absence of the relationship between Iraq stock exchanging and achieving rate of economic growth for it, This has been proven by model of Multiple linear regression for relation between the dependent variable of Gross Domestic Product and the independent variables (general market index, Index market value, Volume Index, and Number of companies), Except number of shares which alone contribute at the rate of (89.83) Total changes in the dependent variable. However, the variable at the rate of (10.17), it is returns to other elements including the above variables. Finally, the study concluded with some recommendations that we may see them will be Effective in this regard.