Business, Management and Accounting
8 years ago

Local financial intermediaries boost small economies, study finds.

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MPRA Paper
¿Vale la pena tener intermediarios financieros propios? Un examen a la literatura reciente [Does it worth having local financial intermediaries? An examination onto recent literature]
Gustavo Ferro

Paper Summary

Having local financial intermediaries in a small economy can be beneficial. Recent literature suggests that local financial intermediaries can help with economic growth and reduce home bias. This means that it is worth having local financial intermediaries in small economies to improve their performance.