Stragility: Excelling at Strategic Changes (Rotman-UTP

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Gerscherkron (1962) made a similar point, arguing that the private sector alone cannot effectively address the problems of access to finance in weak institutional environments. expertise to intervene effectively in credit allocation and pricing, and that well-defined system of property rights, good contractual institutions, and competition would create the conditions for the emergence of a sound financial system. As the economy shifted massively from capital goods to consumer goods, some industries—such as steel, rubber, coal, glass, railroads, and building—suffered greatly, but consumer brands such as Kellogg’s hit their stride.

Pages: 168

Publisher: Rotman-UTP Publishing (March 14, 2016)

ISBN: 1442648058

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