00788pab a2200181 454500 180718b2000 xxu||||| |||| 00| 0 eng d 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 Economic and Political Weekly 43868 43868 43868 0 0 0 0 IIPA IIPA 2018-07-19 Volume no: 35, Issue no: 5 AR44270 2018-07-19 2018-07-19 AR