Journal Article
Legal systems and bank development
Abstract: In some countries, banks are firms? key source of financing. In others, firms look mainly to credit markets to meet their financial needs. Why should this be so? New research suggests that a country?s legal tradition strongly influences which financial system becomes dominant there.
Keywords: Finance; Banking law;
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 2002
Issue: Feb
Order Number: 1