Formation and Utilization of Capital Market under the Conditions of Market Relations Deepening: Foreign Experience of Developet Countries

The article dwells on effectiveness of utilization of direct foreign investments at the market of stocks in the forming market economy. In particular, the author researched problems and tendencies of the development of international movement of capital; she analyzed a mechanism of direct foreign investments under transitive economy, studied the experience of foreign countries in a rise of the results entailed by financial investments into outfits, disclosed economic content of stock market category, considered the problems of potential holders of financial stock under the conditions of national economy, canvassed problems and factors impeding and promoting the development of national market stock. The place of this development deserves special attention as it depends on multiple internal and external factors, among the latters the following ones are of the greatest importance: macroeconomic stability, tempos of economy growth, industrial potential, economy development standard, developed crediting system and market of valuable papers, amount of savings and amassed monetary stock; a lot of other things being significant as well.