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Finance and Credit
 

The impact of development of financial market on economic growth

Vol. 17, Iss. 45, DECEMBER 2011

Available online: 29 November 2011

Subject Heading: Financial market

JEL Classification: 

Kryuchkov V.G. Doctor of economic science, associate professor of «Tax and accounting» North-Caucasian Academy of Civil Service, Rostov-on-Don
krugerv@mail.ru

In this article it is analyzed the impact of development of financial market on economic growth as a whole and on GDP growth in particular. It is proposed mechanisms of explosive economic growth by involvement the elements of the national wealth into a market turnover through the financial markets. In the article it is proved the efficacy and defined quantitative targets in investment attractiveness of the poorly used assets, for example: the inhabited real estate and the agricultural appointment.

Keywords: economic growth, financial markets, national wealth, investments, real estate capitalization, the real estate taxation

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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