The Internal Government Debt and its Impact on the Indices of Trading the Financial Market in Iraq for the Period (2012-2016)

Abstract

Abstract
Financial markets can be considered as basic pillars for the
development of economic life. They activate the national economy
because they are important in mobilizing national savings and guiding
them in investment fields that support the national economy that leads to
increasing the welfare of citizens. The importance of the study comes
from the rapid and successive developments that the international
financial markets achieved, which called for the need to keep cope with
these developments by conducting accurate scientific studies on the
reality of financial markets in developing countries in general and Arab
countries in particular and identifying some economic variables that
affect the performance and development of financial markets. As the
financial markets in developing countries suffer from a great delay
compared to the developed countries, it is necessary to find ways and
means to help these markets to cope with developments in the
international financial markets. From this point of view, this study aims at
clarifying and revealing the effects of changes in internal government
debt as an independent variable on the financial market trading indices
(market value, trading volume and general index) as dependent variables.
The study is based on the hypothesis that there is no relationship of effect
and correlation with moral significance for internal government debt in
the financial market through its trading indices.