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The Transformation of Saving to Investment

  • John C. Carrington
  • George T. Edwards
Chapter
  • 5 Downloads

Abstract

Within the five nations under consideration, there are various financial institutions which attract savings and transform them into short-, medium-, or long-term loans. In this chapter, limits of space compel us to deal with the functions and methods of these financial institutions only in outline, for the history and nature of each country’s financial markets could easily fill several volumes.

Keywords

Financial Institution Banking System Credit Market Saving Bank Credit Institution 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Notes

  1. 3.
    From the chapter on the French financial system, Peter Readman with J. Davies, M. Hoare and D. Poole, The European Money Puzzle, Michael Joseph, London, 1973, p. 40.Google Scholar
  2. 8.
    G. C. Allen, A Short History of Modern Japan, Allen & Unwin, 1972, p. 170.Google Scholar
  3. The estimate of the amount of housing and other capital stock destroyed is from J. B. Cohen, Japan’s Economy in War and Reconstruction, (University of Minneapolis Press, 1949).Google Scholar
  4. 9.
    For some details of the ‘special procurement procedure’, which, in Allen’s words, enabled Japan to some extent to ‘solve her balance of payments problems without damping down economic growth,’ see G. C. Allen, Japan as a Market and Source of Supply, Pergamon Press, 1967, p. 38–9.Google Scholar
  5. 18.
    See James Abegglan, Business Strategies for Japan, Sophia University, Tokyo, 1970, p. 61;Google Scholar
  6. Kunio Miki in R. Ballon, Doing Business in Japan, Sophia University, Tokyo, 1967, p. 79;Google Scholar
  7. K. K. Kurihara, The Growth Potential of the Japanese Economy. The Johns Hopkins Press, Baltimore, 1971, p. 74.Google Scholar
  8. 21.
    A. Tillett, T. Kempner and G. Wills, (eds.) Management Thinkers, Penguin Books, 1970, p. 20.Google Scholar
  9. 26.
    See the subsidiary and associated banks listed in J. E. Wordsworth (ed.), The Banks and the Monetary System in the UK, 1959–71, Methuen, 1973, pp. 506–7.Google Scholar
  10. 30.
    Hakan Hedberg, Japan’s Revenge, Pitman, London, 1972.Google Scholar
  11. 32.
    Gunnar Myrdal, Challenge to Affluence, Gollancz, 1963, p. 15.Google Scholar

Copyright information

© J. C. Carrington and G. T. Edwards 1979

Authors and Affiliations

  • John C. Carrington
  • George T. Edwards

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