ENGLISH

Banks, Finance and Investment in Germany

By Klaus Fischer , Jeremy Edwards

Book information

Year
1996
ISBN
0521566088, 0521453488, 0511582374, 0511002378, 9780511002373, 9780511582370, 9780521453486, 9780521566087
LCC
HG3048 .E38 1994
Open Library ID
OL1415635M
Language
english
Format
PDF
Filesize
6 MB (6029489 bytes)
Pages
268\266
Topic
Economy
Time added
2011-06-04 13:46:07

Description

This book provides a critical analysis of widespread claims about the merits of the "bank-based" German system of investment finance. The purpose of the book is to provide an analytical foundation for these claims, and to confront them with empirical evidence from the German economy in the postwar period. The authors show that these claims are not supported by the evidence. This is an important finding, as it reveals that there is no basis for the view that the German system of investment finance is one that should be emulated by other countries.

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