The capital market is a profoundly specific and coordinated financial market and indeed essential agent of economic growth and development (Odetayo and Sajuyigbe, 2012; Okoye and Nwisienyi, 2013) due to its capacity its ability to facilitate and mobilize saving and investment (Okodua and Ewetan, 2013)
This paper focuses on stability relations for the Romanian main financial markets: capital, ForEx and monetary markets, as well as the intensity of the link between them and how they are interconnected, because this represents the best indicator of the situation of an economy, which is seen as a complex, adaptive and dynamic system, that is continuously changing.
The article analyzes the theoretical views on capital markets, and provides an overview of the increasing need of the corporate sector to rely on external financing in the context of market relations. The author reflects on the role of national
Influence of capital market on economic growth has been proven to be positive by majority empirical studies up to now.
It is recommended that substantial approach and workable policy formulation and implementation in the stock exchange market to improve quality portfolio is highly needed to attract foreign investors in the global financial market.