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- W2105551306 abstract "The financial sector mobilizes savings and allocates credit across space and time. It provides not only payment services, but more importantly products that enable firms and households to cope with economic uncertainties by hedging, pooling, sharing, and pricing risks. An efficient financial sector reduces the cost and risk of producing and trading goods and services and thus makes an important contribution to raising standards of living [1,2]." @default.
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- W2105551306 date "2014-01-01" @default.
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- W2105551306 title "Financial Development and Instability: A Theoretical Perspective" @default.
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- W2105551306 doi "https://doi.org/10.4172/2168-9458.1000123" @default.
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