Correa, Romar
Domestic financial architecture - 2000 - p.283-85 - 29 Jan
To assess the relative efficiency of stock markets and banks as intermediaries between savers and investors, this article examines the macrofoundations of micro-economics. The conclusion is that both stock market-based and bank-based systems are inefficient. There is scope for government intervention in the allocation of credit. - Reproduced
Banks - India
Financial markets - India
Financial markets
Domestic financial architecture - 2000 - p.283-85 - 29 Jan
To assess the relative efficiency of stock markets and banks as intermediaries between savers and investors, this article examines the macrofoundations of micro-economics. The conclusion is that both stock market-based and bank-based systems are inefficient. There is scope for government intervention in the allocation of credit. - Reproduced
Banks - India
Financial markets - India
Financial markets