000 00788pab a2200181 454500
008 180718b2000 xxu||||| |||| 00| 0 eng d
100 _aCorrea, Romar
245 _aDomestic financial architecture
260 _c2000
300 _ap.283-85
362 _a29 Jan
520 _aTo 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
650 _aBanks - India
650 _aFinancial markets - India
650 _aFinancial markets
773 _aEconomic and Political Weekly
909 _a43868
999 _c43868
_d43868