This booklet presents a serious research of common claims in regards to the advantages of the "bank-based" German approach of funding finance. the aim of the ebook is to supply an analytical beginning for those claims, and to confront them with empirical proof from the German economic system within the postwar interval. The authors express that those claims should not supported through the proof. this is often a big discovering, because it unearths that there's no foundation for the view that the German procedure of funding finance is person who might be emulated via different nations.
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