haku: @journal_id 789 / yhteensä: 95
viite: 5 / 95
| Tekijä: | Bolton, P. |
| Otsikko: | Guest Editor's Introduction: Banking in Emerging Markets |
| Lehti: | Journal of Financial Intermediation
2002 : OCT, VOL. 11:4, p. 362-365 |
| Asiasana: | BANKS BANKING EMERGING MARKETS ANALYTICAL REVIEW |
| Kieli: | eng |
| Tiivistelmä: | The paper considers whether banks play a special role in developing economies and economic development is held back by inefficient banking systems. Given the importance of these issues, it is surprising that there are still few generally accepted answers to these fundamental questions. Most of the theory on financial intermediation is concerned with the role of banks in developed economies. The articles in this symposium pursue further the general question of the link between legal protection of investor rights and financial development. One of the articles provides some striking results, which are sure to draw much attention and be widely debated. The article explores the relationship between the structure of the financial system, the legal infrastructure, and growth. |
SCIMA