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CHOOSING THE RIGHT FINANCIAL SYSTEM FOR GROWTH
- Source :
- Journal of Applied Corporate Finance; January 2001, Vol. 13 Issue: 4 p116-123, 8p
- Publication Year :
- 2001
-
Abstract
- Well‐functioning financial systems promote economic growth by channeling funds from those who save to those who invest in the productive capacity of economies. What are the main features of a well functioning system? Are well developed capital markets essential to the process? Or are commercial banks and other “private” sources of capital capable of bringing about the same levels of growth and prosperity?
Details
- Language :
- English
- ISSN :
- 19368216 and 17456622
- Volume :
- 13
- Issue :
- 4
- Database :
- Supplemental Index
- Journal :
- Journal of Applied Corporate Finance
- Publication Type :
- Periodical
- Accession number :
- ejs24456820
- Full Text :
- https://doi.org/10.1111/j.1745-6622.2001.tb00432.x