THE RELATIONSHIP BETWEEN CREDITWORTHINESS AND STOCK MARKET DEVELOPMENT OF OIL-EXPORTING COUNTRIES
Today, the main source of economic growth is the extraction of mineral oil, although in recent years there has been a significant increase in the role of consumer demand in the domestic market. In the con-text of globalization, the main indicator of the economy of oil-producing countries is oil pric...
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Al-Farabi Kazakh National University
2019-06-01
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Online Access: | https://be.kaznu.kz/index.php/math/article/view/2091/2034 |
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doaj-61ee8d4bcfd64aa3aed03d6deab24f452021-07-20T10:32:59ZengAl-Farabi Kazakh National UniversityХабаршысы. Экономика сериясы1563-03582617-71612019-06-011282123129THE RELATIONSHIP BETWEEN CREDITWORTHINESS AND STOCK MARKET DEVELOPMENT OF OIL-EXPORTING COUNTRIESMukan M.M.0Issabayev M.M.1Narxoz Univeristy, Kazakhstan, AlmatyNarxoz Univeristy, Kazakhstan, AlmatyToday, the main source of economic growth is the extraction of mineral oil, although in recent years there has been a significant increase in the role of consumer demand in the domestic market. In the con-text of globalization, the main indicator of the economy of oil-producing countries is oil prices. However, in a period of globalization, developing countries need not only energy, but also economic resources to develop their economic situation on the global market. Thus, establishing creditworthiness is the key to attracting foreign capital. The development of the stock market is not an indicator of the country’s stable creditworthiness. This study fills the required gap, verifying with the extent to which the development of the stock market can affect creditworthiness. Moreover, the following article has strong literature review in order to identify and summarize the main factors of the creditworthiness of oil-producing countries. Although, there is not strong empirical research, the study is based on the statistical world data.https://be.kaznu.kz/index.php/math/article/view/2091/2034creditworthinesscredit rating agencyoil-exporting countriesstock market |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Mukan M.M. Issabayev M.M. |
spellingShingle |
Mukan M.M. Issabayev M.M. THE RELATIONSHIP BETWEEN CREDITWORTHINESS AND STOCK MARKET DEVELOPMENT OF OIL-EXPORTING COUNTRIES Хабаршысы. Экономика сериясы creditworthiness credit rating agency oil-exporting countries stock market |
author_facet |
Mukan M.M. Issabayev M.M. |
author_sort |
Mukan M.M. |
title |
THE RELATIONSHIP BETWEEN CREDITWORTHINESS AND STOCK MARKET DEVELOPMENT OF OIL-EXPORTING COUNTRIES |
title_short |
THE RELATIONSHIP BETWEEN CREDITWORTHINESS AND STOCK MARKET DEVELOPMENT OF OIL-EXPORTING COUNTRIES |
title_full |
THE RELATIONSHIP BETWEEN CREDITWORTHINESS AND STOCK MARKET DEVELOPMENT OF OIL-EXPORTING COUNTRIES |
title_fullStr |
THE RELATIONSHIP BETWEEN CREDITWORTHINESS AND STOCK MARKET DEVELOPMENT OF OIL-EXPORTING COUNTRIES |
title_full_unstemmed |
THE RELATIONSHIP BETWEEN CREDITWORTHINESS AND STOCK MARKET DEVELOPMENT OF OIL-EXPORTING COUNTRIES |
title_sort |
relationship between creditworthiness and stock market development of oil-exporting countries |
publisher |
Al-Farabi Kazakh National University |
series |
Хабаршысы. Экономика сериясы |
issn |
1563-0358 2617-7161 |
publishDate |
2019-06-01 |
description |
Today, the main source of economic growth is the extraction of mineral oil, although in recent years there has been a significant increase in the role of consumer demand in the domestic market. In the con-text of globalization, the main indicator of the economy of oil-producing countries is oil prices. However, in a period of globalization, developing countries need not only energy, but also economic resources to develop their economic situation on the global market. Thus, establishing creditworthiness is the key to attracting foreign capital. The development of the stock market is not an indicator of the country’s stable creditworthiness. This study fills the required gap, verifying with the extent to which the development of the stock market can affect creditworthiness. Moreover, the following article has strong literature review in order to identify and summarize the main factors of the creditworthiness of oil-producing countries. Although, there is not strong empirical research, the study is based on the statistical world data. |
topic |
creditworthiness credit rating agency oil-exporting countries stock market |
url |
https://be.kaznu.kz/index.php/math/article/view/2091/2034 |
work_keys_str_mv |
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