| Description |
x, 507 pages : illustrations ; 24 cm |
|
regular print |
| Contents |
I. Setting the Stage. 1. Comparing Financial Systems. 2. The Historical Development of Financial Systems. 3. Institutions and Markets. 4. Corporate Governance. 5. The Limitations of Markets: The Classical View -- II. Competition Versus Insurance. 6. Intertemporal Smoothing. 7. Information and Resource Allocation. 8. Competition in Banking. 9. Financial Crises. 10. Renegotiation and Relationships -- III. The Role of the Firm. 11. Autonomous, Self-Financing Firms. 12. Objectives of Firms -- IV. Markets and Intermediaries. 13. Diversity of Opinion and Resource Allocation. 14. Costly Markets. 15. Relationships and Risk Sharing. 16. Afterword |
| Summary |
Why do different countries have such different financial systems? Is one system better than the other? This text argues that the view that market-based systems are best is simplistic, and suggests that a more nuanced approach is necessary |
| Analysis |
Banks |
|
Competition |
|
Corporate governance |
|
Financial institutions |
|
Financial services |
|
International comparisons |
|
Overseas item |
|
Resource allocation |
|
Statistics |
|
bankvesen |
|
finansvesen |
|
pengevesen |
| Notes |
Paperback ed. published 2001 |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Also available online via the World Wide Web, by subscription to Books24x7 (BusinessPro) |
|
English |
| Subject |
Comparative economics.
|
|
Finance.
|
| Author |
Gale, Douglas.
|
|
Books24x7, Inc.
|
| LC no. |
99030173 |
| ISBN |
0262011778 |
|
0262511258 (paperback) |
|
