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- W2091482854 abstract "Changes in Financial Systems Financial systems are substantially changing. Operations are increasingly diversified and internationalized. The financial function plays a growing part in firms and banks. In France, moreover, there is a change from adjustment by rate regulation and credit control to adjustment through market mechanisms. Several reasons can explain such evolutions. New needs were generated by the crisis, and balance of payments deficits can be seen in other countries than before. The impact of technological innovation and of public policies should also be accounted for. This financial new deal raises quite a few questions. Is the development of the financial system an obstacle to economic growth? And is today's financial system intrisically instable? Finally, are these mutations going to be reversible or irreversible?" @default.
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- W2091482854 date "1987-01-01" @default.
- W2091482854 modified "2023-10-14" @default.
- W2091482854 title "Les transformations des systèmes financiers" @default.
- W2091482854 doi "https://doi.org/10.3406/ecofi.1987.1518" @default.
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