Author	United Nations Conference on Trade and Development
Title	Banks, Growth and Geography
Imprint	Geneva, United Nations. 1997
Connect to	http://161.200.145.45/docs/en/dp_127.en.pdf
Descript	iii, 22 p. : table

This paper presents a general equilibrium endogenous growth model, in which financial intermediaries evaluate the quality of projects, mobilize savings to finance the most promising ones and diversify risk. Information technology available to banks is linked to geographic proximity. This evaluation capacity increases the proportion of high-return projects being financed, and thereby accelerates economic growth. This positive effect does not depend on the degree of individuals' risk aversion

LOCATION	CALL#	STATUS
International Institute for Trade and Developement : UNCTAD Collection	UNCTAD/OSG/DP/127	CHECK SHELVES