Conflict Diamonds - Africa Region Working Paper Series No. 13
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The role of banks is integral to any economy. They provide financing for
commercial enterprises, access to payment systems, and a variety of retail financial
services for the economy at large. Some banks have a broader impact on the macro
sector of the economy, facilitating the transmission of monetary policy by making
credit and liquidity available in difficult market conditions.
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The integral role that
banks play in the national economy is demonstrated by the almost universal practice
of states in regulating the banking industry and providing, in many cases, a
government safety net to compensate...
Nội dung trích xuất từ tài liệu:
Conflict Diamonds - Africa Region Working Paper Series No. 13
Nội dung trích xuất từ tài liệu:
Conflict Diamonds - Africa Region Working Paper Series No. 13
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