The Transformation of Saving to Investment

  • John C. Carrington
  • George T. Edwards


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.


Financial Institution Banking System Credit Market Saving Bank Credit Institution 
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  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
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  4. 9.
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    See James Abegglan, Business Strategies for Japan, Sophia University, Tokyo, 1970, p. 61;Google Scholar
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    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
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    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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