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Financial Markets' Contribution to Economic Growth
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A 3 page paper discussing some of the ways that economic growth contribute to the emergence of intermediate financial structures including thrift institutions, insurance companies and pension funds, and how they, in turn, contribute to increased economic growth. The development of these intermediaries lends stability to the economy by providing a broader base for its operation: if one segment fails, the others provide some cushion for the economy. Bibliography lists 4 sources.
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Pages:
3
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Filename:CC6_KSfinIntlMktsG.rtf |
Paper Title:
Financial Markets' Contribution to Economic Growth
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