THE ROLE OF CAPITAL AND CREDIT MARKETS IN REGIONAL DEVELOPMENT: PROBLEMS AND ISSUES

Mathew Shane

No 13578, Staff Papers from University of Minnesota, Department of Applied Economics

Abstract: This paper discusses the major problem facing regional capital and credit markets in their relationship to regional development. There are two ways in which capital and credit markets play a crucial role in regional development: (1) they mobilize local savings resources and allocate them between sectors and industries within the region and (2) they provide the mechanism by which financial resources flow between the region and the national economy.

Keywords: Community/Rural/Urban Development; Financial Economics (search for similar items in EconPapers)
Pages: 39
Date: 1972
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Persistent link: https://EconPapers.repec.org/RePEc:ags:umaesp:13578

DOI: 10.22004/ag.econ.13578

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