Ogbuagu Uchechi Rex

Credit Market Development and Investment Efficiency in Nigeria

Ogbuagu Uchechi Rex, Chijioke Mercy Ihuoma & Peter Nwachukwu · Journal of Economics, Management and Trade · 2014

Stock markets provide important source of investment capital at relatively low cost. A well-functioning and liquid stock market helps investors to reduce unsystematic risk and increase the marginal productivity of capital. Developed credit market improves the efficiency of invest...

Open access Research Article 10.9734/BJEMT/2014/8830

Credit Market and Economic Development in Nigeria

Chijioke Mercy Ihuoma & Ogbuagu Uchechi Rex · Journal of Economics, Management and Trade · 2014

A developed and efficient credit market encourages savings, allocative efficiency of investible funds and promotion of capital accumulation. Countries with deeper credit market face less severe business cycle, output contraction and lower chances of an economic downturn. This wil...

Open access Research Article 10.9734/BJEMT/2014/12024