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Intermédiation financière

Author: Dermine, Jean INSEAD Area: Finance In: Encyclopédie des marchés financiers - Simon, Yves - 1997 - Book Language: FrenchDescription: p. 689-704.Type of document: INSEAD ChapterNote: Please ask the Library for this chapter.Abstract: The paper reviews the various economic functions of financial institution and identifies the potential market failures that call for public interventions. Special attention is paid to the debate on the eventual need for a harmonization of international regulations.
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The paper reviews the various economic functions of financial institution and identifies the potential market failures that call for public interventions. Special attention is paid to the debate on the eventual need for a harmonization of international regulations.

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