Channelling Savings

K. Midgley and R. G. Burns

Chapter 14 in Business Finance & the Capital Market, 1969, pp 239-255 from Palgrave Macmillan

Abstract: Abstract It is seen that although total savings for 1966 amounted to over £7,000 million, less than a third of this represented savings within the personal sector. During 1965 only about £700 million had been used for the net acquisition of financial assets by this sector (the remaining personal saving being in the form of increased expenditure on such items as housing and stocks of goods). However, whereas the savings of Government, public corporations and companies are generally applied directly to capital expenditure, personal savings applied to the acquisition of financial assets are channelled through the market. Some of the financial intermediaries which mobilise these savings, particularly those which channel funds to business, are briefly reviewed. An increased tendency for persons to invest indirectly through financial intermediaries rather than directly in securities is noted.

Keywords: Capital Market; Financial Intermediary; Liquid Asset; Building Society; Bank Rate (search for similar items in EconPapers)
Date: 1969
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-15309-1_14

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349153091

DOI: 10.1007/978-1-349-15309-1_14

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().