The Evolving Importance of Banks and Securities Markets

This paper examines the evolving importance of banks and securities markets during the process of economic development. As economies develop, they increase their demand for the services provided by securities markets relative to those provided by b...

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Bibliographic Details
Main Authors: Demirguc-Kunt, Asli, Feyen, Erik, Levine, Ross
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111013154944
http://hdl.handle.net/10986/3611

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