Investment Finance in Economic Development
Rogerio Studart | 1995-05-10 00:00:00 | Routledge | 256 | Economics
Presenting a post-Keynesian approach to the role of banks, financial markets and savings in economic development, this book departs from the conventional belief that financial institutions are mere intermediaries between savers and investors to show that banks have a key, active role in the process of investment finance and growth. Further, financial markets, as the loci of allocation of financial savings, are shown to have an important role in supporting financial stability during the process of growth.
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