The Comparison Research On The Financing Efficiency Of The BRICS’ Stock Market

As emerging economies market,The brics present a new situation as sustained, rapid development, especially in the five years after the U.S. subprime mortgage crisis in2008,the brie countries have become a leader leading other countries get out of the recession shadow, which has attracted much attention. To analyze the stock market of this five countries system is very difficult, domestic related research is still blank in the field of at present, a number of studies have focused on the study of Chinese stock market and in the efficiency of Chinese stock market research, on the basis of existing research, this article was based on a large number of domestic and foreign literature, selecting analysis evaluation index from the macroscopic Angle, through data envelopment analysis method to analyze the brics the financing efficiency of the stock market.this paper is divided into five parts, the first part is the research theory As well as Research significance, the second part is the financing and reviewing the efficiency theory, the third part to the brics stock market financing present situation This part unified selected several macroeconomic indicators for collection and analysis, the fourth part is about the empirical analysis of the stock market Through the comprehensive consideration, the empirical model selected DEA analysis model, the fifth part is the relevant policy recommendations. This part mainly from our market’s point of view to put forward Suggestions. All in all, this article attempts to from the Angle of research, research methods and the selection of indicators for breakthrough innovation to find new things, hope more targeted Suggestions are put forward.