The Role of Banks in a Modern Economy

Luis Angeles ()
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Luis Angeles: University of Glasgow

Chapter Chapter 8 in Money Matters, 2022, pp 71-74 from Springer

Abstract: Abstract Having reached the present day in our historical overview, let us take stock and advance a concise description of the monetary system in place in all modern economies, and of the very special role of banks within it.

Keywords: Banks; Money creation; Financial intermediaries (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-95516-8_8

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DOI: 10.1007/978-3-030-95516-8_8

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