1. DISCUSSION.
- Author
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COCHRAN, JOHN A.
- Subjects
BANKING industry ,GROSS national product ,ECONOMIC development ,BANK deposits ,UNITED States economy, 1961-1971 - Abstract
The author comments on the article "Commercial Banking in the Sixties," by Paul S. Nadler. The article centers on the over-all growth of the commercial banking system in the 1960s as compared with growth in the gross national product (GNP). According to Nadler, that commercial banking deposits will not grow as fast as GNP, which results in the conclusion that other financial institutions will necessarily grow more rapidly than commercial banks. The author explains that he agrees with Nadler's findings.
- Published
- 1961
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