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English
Sweden
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© 2026 Bookis AS
English
Sweden
Region is based on IP address
Paperback • 2001 • English
By Franklin allen , Douglas Gale
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About the book
The authors argue that the view that market-based systems are best is simplistic; a more nuanced approach is necessary. Financial systems are crucial to the allocation of resources in a modern economy. They channel household savings to the corporate sector and allocate investment funds among firms; they allow intertemporal smoothing of consumption by households and expenditures by firms; and they enable households and firms to share risks. These functions are common to the financial systems of ...Show more
Book details
ISBN
9780262511254
Published year
2001
Language
English
Original title
Comparing Financial Systems
Format
Paperback
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