Economic implications of the Iraq Stock Exchange - standard study

Abstract

Financial markets are effective instruments for financing projects and investments aimed at economic and social development. This points to the importance of financial markets in emerging countries. The function of the financial market is to transfer financial flows between individuals by attracting savings, achieving value exchange operations, and financing economic growth.

This study aimed at measuring the impact of the Iraqi financial market on the economic growth in the various economic sectors in Iraq. The data panel was used to include the economic sectors (banking, insurance, service, industrial, hotels, agriculture, communications) and a time series consisting of quarterly data for the years (2016-2017-2018) and the reality of (3) views during the year.
       The hypothesis was accepted that the impact of the Iraqi market for securities on the real development of the economic sectors contained in the research is very little or not, which requires further efforts to develop this market and activate its role in supporting the real economic development in Iraq.