“the financial system should be designed to put small firms in an environment where they can build credit histories and demonstrate their ability to handle debt – and where they don’t need to rely on collateral to get started.” @csissoko.bsky.social syntheticassets.wordpress.com/2025/12/22/i...
Institutions and growth: how banks used to provide the liquidity that fuels innovation and growth
Link Preview: Institutions and growth: how banks used to provide the liquidity that fuels innovation and growth: Diane Coyle celebrates that for the past two years the Nobel prize in economics has been awarded to scholars who emphasize the importance of institutions in economic growth. She observes, however, …