Analyzing and measuring the impact of financial depth on the performance of the Iraqi money market for the period from (2004-2021)*

Authors

  • Nazlin Saleh Muhammad College of Administration and Economics, University of Dohuk, Kurdistan, Iraq
  • Samir Fakhri Nehme Faculty of Administration and Economics, Zakho University, Kurdistan, Iraq

DOI:

https://doi.org/10.25007/ajnu.v13n2a1864

Abstract

This research deals with the most important indicators used to measure financial depth through the use of ratios of structural measures of the availability of financial instruments in order to show the results realistically and accurately, and not to be satisfied with the traditional indicators called quantitative indicators, which have been shown to be insufficient to accurately show the facts and that they produce results that are commensurate with reality, and after using... And the analysis of the data collected about Iraq, which was chosen, for the purpose of giving results for a diverse analytical study to explain the prevailing reality for the period (2004-2021). Alternative indicators were presented, which are structured much better than the traditional indicators due to their ability to measure financial depth reliably. This research aims to explain the nature of analysis. And measuring the impact of financial depth on the performance of the Iraqi money market by tracking oil prices and the impact that financial depth has on public spending because the characteristics of the Iraqi economy depend on oil revenues, so the impact of financial depth on all economic sectors is restricted by that semantic relationship, and the research problem consists of From the failure to mobilize savings well and efficiently in the money market despite the presence of a large number of financial instruments, and this was demonstrated by the lack of confidence in the financial system, in addition to the weakness of banking awareness of the Iraqi economy, and a hypothetical chart was developed to show that relationship between financial depth and the money market and based on The hypotheses of the study, based on economic and financial theory, were relied upon (EViews10 program) to demonstrate the direct impact between the research variables. Statistical and measurement methods were used in accordance with the operative part of economic theory. The researchers reached the following conclusion, despite the private sector being given a greater role in the sector. Financial through increasing the number of private banks and increasing their capital, but the volume of credits and what is directed to the private sector remains low in the Iraqi economy, and the reason for the lack of development of the Iraqi economy is the lack of trust between individuals and the banking sector to deposit their money for fear of not investing it properly. Their inability to obtain their money when needed due to the instability of the economic and political conditions in the country.

Downloads

Download data is not yet available.

References

قائمة مصادر :

أولاً:مصادر باللغة العربية

ب-الوثائق والنشرات الرسمية :

- البنك المركزي العراقي , 2021,تقرير الإنذارالمبكر للقطاع المصرفي ,العدد الخامس عشر .

-تقرير السياسة النقدية للبنك المركزي العراقي لعام .2021,2021

- النشرة الإحصائية السنوية للبنك االمركزي العراقي ,2020 .

- التقرير السنوي لسوق العراق للأوراق المالية لعام 2021.

ت-الرسائل والاطاريح الجامعية :

- فارس, 2013 ,ديلخ دور السوق النقدي في تأمين سيولة البنوك التجارية ,رسالة ماجستير ,غير منشورة ,كلية العلوم الاقتصادية و التجارية وعلوم التتسيير,جامعة محمد العربي بن مهيدي ,أم البواقي ,الجزائر.

- دنيا, فتاح, 2015,مخاطر تقلبات سعر الفائدة على السوق النقدية ,دراسة حالة السوق النقدية الجزائرية من 1990إلى 2013, رسالة ماجستير غير منشورة ,كلية العلوم الاقتصادية والتجارية وعلوم التيسير ’جامعة محمد خيضر,بسكرة ,جزائر .

- عزام, أشرف عزام محمود , 2017,مؤشرات العمق المالي للأسواق المالية و أثرها على النمو الاقتصادي دراسة حالة :سوق المال الفلسطيني, رسالة ما جستير ,غير منشورة , جامعة أزهر,غزة,فلسطين.

ج-دوريات:

-المتيم محمود أحمد و المخزنجي ,أماني صلاح محمود, 2020,المجلة العلمية للدراسات و البحوث المالية و التجارية ,كلية التجارة ,جامعة دمياط,المجلد الاول ,العدد الأول .

- رايس, حدة , 2006,دور السوق النقدية في تأمين سيولة النظام المصرفي, مجلة العلوم الانسانية ,جامعة محمد خيضر بسكرة ,العدد التاسع ,الجزائر.

- علي ,مناد و نجيم, بن منصور و محمد ,بوقناديل , 2021أثر العمق المالي على معدل النمو الاقتصادي في الجزائر دراسة قياسية للفترة 1980-2019باستخدام نموذج ,مجلة إقتصاد المال و الأعمال المجلد 5,العدد 2,ARDL ,ص187-205.

-حسين ,هندرين حسن,2014,تطور عرض النقود في العراق للمدة (2001-2009),مجلة كلية بغداد للعلو م الاقتصادية الجامعة ,كلية الادارة والاقتصاد ,العدد الاربعون ,المستنصرية ,العراق.

- ثويني ,فلاح حسن و العبودي ,سجى حسن, , (2021 )تحليل اتجاهات العمق المالي في العراق للمدة (2004-2018),مجلة العلوم المالية و المحاسبية ,المجلد الاول ,العدد الثاني .

-اللامي ,علي حسين نوري ,2016,اثرالودائع في صافي دخل المصارف _بحث تطبيقي في مصرف الشرق الاوسط العراقي للاستثمار,مجلة كلية البغداد للعلوم الاقتصادية الجامعة,كلية دجلة الجامعة ,العدد الثامن والاربعون .:

ه -الكتب :

-الجميل ,سرمد كوكب ,2012, المدخل الى الاسواق المالية (نظريات و تطبيقات ), الطبعة الثانية ,دار ابن الأثير للطباعة والنشر ,جامعة موصل,العراق.

مصادر انكليزية -2

C-periodicals:

-Samuel Mbadike Nzotta (FINANCIAL DEEPENING AND ECONOMIC DEVELOPMENT OF NIGERIA: AN EMPIRICAL INVESTIGATION), Department of financial and Banking University of port Harcourt, port Harcourt, Nigeria, African Journal of Accounting, Economics, finance, and Banking Research Vol .5. No.5.2009.

E-peper working:

-John E. Ndebbio(Financial deepening, economic growth, and development: Evidence from selected sub- Saharan African countries), Department of the Economics University of Calabar, Nigeria, AERC Research paper 142 African Economic Research Consortium, Nairobi, August 2004.

Downloads

Published

2024-06-30

How to Cite

Saleh Muhammad, N. ., & Fakhri Nehme, S. . (2024). Analyzing and measuring the impact of financial depth on the performance of the Iraqi money market for the period from (2004-2021)*. Academic Journal of Nawroz University, 13(2), 1343–1359. https://doi.org/10.25007/ajnu.v13n2a1864

Issue

Vol. 13 No. 2 (2024)

Section

Articles

License

Copyright (c) 2024 Academic Journal of Nawroz University

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Authors retain copyright

The use of a Creative Commons License enables authors/editors to retain copyright to their work. Publications can be reused and redistributed as long as the original author is correctly attributed.

 

  1. Copyright

 

  1. The researcher(s), whether a single or joint research paper, must sell and transfer to the publisher (the Academic Journal of Nawroz University) through all the duration of the publication which starts from the date of entering this Agreement into force, the exclusive rights of the research paper/article. These rights include the translation, reuse of papers/articles, transmit or distribute, or use the material or parts(s) contained therein to be published in scientific, academic, technical, professional journals or any other periodicals including any other works derived from them, all over the world, in English and Arabic, whether in print or in electronic edition of such journals and periodicals in all types of media or formats now or that may exist in the future. Rights also include giving license (or granting permission) to a third party to use the materials and any other works derived from them and publish them in such journals and periodicals all over the world. Transfer right under this Agreement includes the right to modify such materials to be used with computer systems and software, or to reproduce or publish it in e-formats and also to incorporate them into retrieval systems.

 

  1. Reproduction, reference, transmission, distribution or any other use of the content, or any parts of the subjects included in that content in any manner permitted by this Agreement, must be accompanied by mentioning the source which is (the Academic Journal of Nawroz University) and the publisher in addition to the title of the article, the name of the author (or co-authors), journal’s name, volume or issue, publisher's copyright, and publication year.

 

  1. The Academic Journal of Nawroz University reserves all rights to publish research papers/articles issued under a “Creative Commons License (CC BY-NC-ND 4.0) which permits unrestricted use, distribution, and reproduction of the paper/article by any means, provided that the original work is correctly cited.

 

  1. Reservation of Rights

The researcher(s) preserves all intellectual property rights (except for the one transferred to the publisher under this Agreement).

  1. Researcher’s guarantee

The researcher(s) hereby guarantees that the content of the paper/article is original. It has been submitted only to the Academic Journal of Nawroz University and has not been previously published by any other party.

In the event that the paper/article is written jointly with other researchers, the researcher guarantees that he/she has informed the other co-authors about the terms of this agreement, as well as obtaining their signature or written permission to sign on their behalf.

The author further guarantees:

  • The research paper/article does not contain any defamatory statements or illegal comments.
  • The research paper/article does not violate other's rights (including but not limited to copyright, patent, and trademark rights).

This research paper/article does not contain any facts or instructions that could cause damages or harm to others, and publishing it does not lead to disclosure of any confidential information.