![]() | يوجد فقط 14 صفحة متاحة للعرض العام |
المستخلص The stock exchange is considered the first reflection of the real investment in Egypt . In the light of the economic reform which Egypt schedules there has been a great necessity to develop and modernize this stock and to overcome the problems which faced it before the issue of law No 95 in the year 1992 which was issued for supp01ting the policy of the economic reform through overcoming the problems of the stock exchange, developing and activating it by introducing some modernized articles on top of which are the mutual funds. These funds play an imp01tant role in supporting the different economic policies in the state under the shade of the economic reform problems . It also realizes several advantages for the individual investors, the banks and the state . The objectives and the general frame of the thesis : This thesis aims at showing up the role which the mutual funds play in supporting the economic reform program through supporting the fiscal and monetary policies liberating the interest rate and absorption the surplus liquidity from the banks . It also shows up its role in supporting the privatization program liberating the Egyptian economy, widening the basis of ownership, enlarging the part played by the private sector in the process of development in Egypt . This is attained thTough participating in funding the new investments, increasing the internal funding for the existing projects and also its role in activating and widening the role of the banking, not to mention its fundamental and direct role in activating the stock exchange, promoting and flourishing the money market and trying to emit and direct them towards universality to keep pace with the international changes and an open door policy to the outside world . Also this thesis aims at benefitting from the countries which preceded us in this experience especially the countries of the emergmg markets which undetwent the same economic circumstances of the Egyptian economy . |