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Regional Financial Markets and Credit Allocation: The Case of Small and Medium-Sized Firms in Northern Ireland

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Abstract

In 1990 the Northern Ireland economy entered a period of economic downturn that lasted for seven quarters. A range of factors were important in this reversal of economic fortunes. One factor, however, stands out: the policy adopted by the UK government, both in its fight against inflation, and in its attempt to maintain sterling’s parity within the exchange rate mechanism.

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© 1998 Donal G. McKillop and Robert W. Hutchinson

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McKillop, D.G., Hutchinson, R.W. (1998). Regional Financial Markets and Credit Allocation: The Case of Small and Medium-Sized Firms in Northern Ireland. In: Hill, S., Morgan, B. (eds) Inward Investment, Business Finance and Regional Development. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-14181-4_14

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