The Development and Regulation of Non-Bank Financial Institutions

by Jeffrey Carmichael and Michael Pomerleano

"The principal role played by the financial system in any country is to provide the infrastructure to allow surplus resources to be allocated to those individuals and companies with deficits. The positive impact of a functioning financial system upon economic growth of a country is well documented. In most countries, the financial system extends beyond traditional banking institutions to include insurance companies, mutual funds, market makers and...

• Format: Paperback
• Language: English
• ISBN: 0821348396
• ISBN13: 9780821348390
• Release Date: March 2002
• Publisher: World Bank Publications
• Length: 248 Pages
• Weight: 1.18 lbs.
• Dimensions: 0.5" x 7.5" x 9.2"