Bank loans or bonds: some lessons of historical experience
The continuing international debt crisis has led some commentators to suggest that bond markets rather than banks would be a more appropriate method of financing development in the Third World. It has been suggested that the bond market is a more appropriate mechanism for assessing risk and channell...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Associazione Economia civile
2013-10-01
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| Series: | PSL Quarterly Review |
| Subjects: | |
| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10807 |