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Avi Publishers
23 cm
2017
Hardcover
Rs. 650.00
Money in any economy flows in two types of markets – money market and capital market.
Money market is a short-term concept which commonly is related to a period of less than one
year, while capital market is conceptually a long-term phenomenon. Capital market consists
of stock market, long-term debt market, and other such instruments.
Stock market or stock exchange, very frequently, is also called as the barometer of the
economy. Fluctuations or movements in the index of the stock market is said to reflect the
health or the future directions of the economy in terms of its economic growth, investors’
sentiments, corporate earnings or wealth effects.
Contrary to the general presumption Bhutan has a vibrant and active stock exchange and
purchase and sale of stocks is a regular phenomenon. Though the large rural population of the
country is not heavily engaged in stock market transactions yet the volumes of transactions,
as data reveal, are not discouraging.
The present book "Bhutanese Capital Market" highlights various features of Bhutan’s capital
market analysing simultaneously its depth and spread across the country. The book will
predominantly be useful for students, scholars, researchers, capital market analysts on the one
hand, and policy makers on the other hand. The contents including the technical terminology
have been explained in simple language and are easy to understand and grasp.
About The Author
Prof. Ravindra K. Gupta has been serving as the Principal of a constituent college of the
University of Delhi for the past three years. A Commerce graduate from SRCC, he went on to
earn his Master’s, M.Phil., and Ph.D. from the Delhi School of Economics. With over 33
years of teaching experience at both undergraduate and postgraduate levels, Prof. Gupta has
distinguished himself through academic excellence and professional commitment.
Specialising in Accounting and Finance, he has authored and published numerous research
papers and presented his work at renowned conferences in New Zealand, the UK, Singapore,
and Japan. A recipient of the prestigious Australian Endeavour Research Fellowship, he has
also contributed internationally through his service in Bhutan under the Colombo Plan.
Widely respected for his administrative acumen and scholarly depth, Prof. Gupta is a sought-
after speaker at leading institutions and has been honoured with several accolades, including
the ‘Best Teacher Award’.
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