Overview of the Development of the Lithuanian Securities Market

Povilas Vaičiulis

Abstract


The purpose of this article is to review the evolution of the securities market and its development prospects, highlighting the differences and regular similarities of separate development stages. The attention of the article is firmly focused on the disclosure of the relation between the origins of the securities market and its further formation with the main steps in the development of the Lithuanian financial market instruments and the economic and political development of the country. The methods used include logical and comparative analysis of scientific literature and legal acts, study and generalisation of statistical data.

Keywords


financial instruments; evolution of the securities market; future development of the securities market

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"Societal studies" ISSN online 2029-2244 / ISSN print 2029-2236