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  • THE FINANCIAL SYSTEM. A EUROPEAN APPROACH TO FINANCIAL INSTITUTIONS, INSTRUMENTS
    THE FINANCIAL SYSTEM. A EUROPEAN APPROACH TO FINANCIAL INSTITUTIONS, INSTRUMENTS
    LARREINA DÍAZ, MIKEL
    A well-functioning and efficient financial system (a network of institutions, instruments, and markets whose aim is to channel savings from savers to economic agents with investment opportunities) is required for the development of a healthy and complex economy. Unfortunately, since the 1980s the financial system increasingly disconnected from the real economy it should serve....
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