sabirJo saqmis safuZvlebi
sabirJo saqmis safuZvlebi
sabirJo saqmis safuZvlebi
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daaxloebam, erTi qveynidan meoreSi kapitalis gadaadgileba<br />
arsebiTad gaamartiva da daaCqara kidec. birJebis saqmianoba<br />
erovnul sazRvrebs didad gascda da saerTaSoriso konkurentuli<br />
urTierTobis sagani gaxda.<br />
mag., investiciebis mizidvaSi nebismieri kompania SeuzRudavia.<br />
yovel maTgans SeuZlia Tavisi fasiani qaRaldebi gasayidad<br />
ucxour birJaze gaitanos anu misTvis sasurveli ekonomikur-samarTlebrivi<br />
garemo TviTonve SearCios. aRniSnulis gamo,<br />
ucxoel emitentebs niu-iorkisa da londonis safondo<br />
birJebi aqtiurad izidaven. germaniis, safrangeTis, niderlandis,<br />
avstriisa da sxvaTa safondo birJebma ki erToblivad<br />
Seqmnes axali evropuli birJa _ NEWEX, romelic specialurad<br />
centraluri da aRmosavleT evropis qveynebis kompaniaTa<br />
fasiani qaRaldebis savaWrod aris gaTvaliswinebuli.<br />
safondo birJebis saqmianobis arealis aseTma uprecedento<br />
zrdam TviT birJebis struqturuli gardaqmnebi moiTxova.<br />
es problema gansakuTrebiT im qveynebs Seexo, sadac safinanso<br />
bazrebma da, mTlianad ekonomikam, did masStabebs jer kidev<br />
ver miaRwia. maTTvis rogorc ekonomikurad, ise iuridiulad<br />
ufro misaRebi da moxerxebuli gaxda sxvadasxva specializebuli<br />
birJebis erTi universaluri birJis CarCoebSi moqceva.<br />
aRniSnulis kargi magaliTia honkongisa da singapuris<br />
dRevandeloba.<br />
honkongi mniSvnelovani safinanso centria, romelic CineTs<br />
(sadac sabazro reformebi SedarebiT frTxilad da Senelebulad<br />
mimdinareobs) danarCen samyarosTan akavSirebs. 1999-<br />
2000 wlebSi honkongSi masStaburi reformebi ganaxorcieles,<br />
kerZod, safondo da fiuCersuli birJebi erT universalur<br />
organizaciaSi _ honkongis birJebi da kliringi (Hong Kong<br />
Exchanges and Clearing Limited) _ gaaerTianes.<br />
analogiurad moiqcnen singapurSic. am qveyanaSi moqmedi<br />
birJebidan (singapuris safondo birJa da safinanso instrumentebis<br />
singapuris saerTaSoriso birJa) 1999 wels erTiani singapuris<br />
universaluri birJa (SGX – Singapore Exchange) Seqmnes,<br />
romelmac maRali saerTaSoriso avtoriteti ukve moipova da<br />
sxv.<br />
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