Financial development and industrial capital accumulation / by Biagio Bossone
There may be a compelling discontinuity to financial sector development in that banks need to be supported early in development but need to be "weakened" later, at the expense of bank rents, to foster further development. The important question for policy is when and how to generate and ma...
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| Auteurs principaux: | Bossone, Biagio |
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| Collectivités auteurs: | World Bank |
| Format: | Online-Resource |
| Langue: | English |
| Publié: | Washington, DC : World Bank, Financial Sector Practice Dept., Financial Economics Unit, 1999 |
| Collection: | Policy research working paper
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| Sujets: | |
| Accès en ligne: | URL des Erstveröffentlichers |
| Résumé: | There may be a compelling discontinuity to financial sector development in that banks need to be supported early in development but need to be "weakened" later, at the expense of bank rents, to foster further development. The important question for policy is when and how to generate and manage this discontinuity so that it is not forced on society by costly and traumatic events such as bank failures |
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| Description: | "October 1999"--Cover. - Includes bibliographical references (p. 23-24) Erscheinungsjahr in Vorlageform:[1999] Weitere Ausgabe: Bossone, Biagio : Financial development and industrial capital accumulation |
| Description matérielle: | 1 Online-Ressource (25 Seiten) 28 cm |
