ISHS Acta Horticulturae 739: II International Symposium on Saffron Biology and Technology
CAPITAL MARKET AND ITS ROLE IN FINANCING SAFFRON INDUSTRY AND PRODUCERS: CASE STUDY OF IRAN |
| Authors: | A. Ahmadi-Ghabankandi, M. Rajabbeygi |
| Keywords: | Iran Agricultural Commodity Exchange (IACE), saffron economy |
| Abstract:
Nowadays, exchanges have an important role in the economic development in most countries. The agricultural commodity exchange finances the producers of the agricultural sector. Economic studies show a positive relationship between financial markets expansions and economic growth. This paper seeks to provide effective responses to saffron producers’ finance and to find solutions for their financial problems. The study presents suitable information on the need of saffron producers to the agricultural commodity exchange. It describes the scientific responses to improve saffron markets. This research is an exploratory study whose data has been gathered from document sources and conducted within 18 months (October 2004-March 2006). The scope of this study was Iran. The data analysis was carried out using secondary analysis. The results of study indicated that agricultural commodity exchange needs a national attempt to achieve the goals and to have an effective role in the economy of this sector. In this study, method of financing and directing capital to agricultural sector is mainly discussed. Then by recognizing opportunities and threats of this market, it intends to provide the growth and development of Iran's capital market in agriculture sector in a scientific method. | |
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