Domestic financial architecture
By: Correa, Romar.
Material type:
ArticlePublisher: 2000Description: p.283-85.Subject(s): Banks - India | Financial markets - India | Financial markets
In:
Economic and Political WeeklySummary: 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
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
Articles
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Indian Institute of Public Administration | Volume no: 35, Issue no: 5 | Available | AR44270 |
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
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