Financial services and the Scottish economy

Dunlop, Stewart (2001) Financial services and the Scottish economy. Quarterly Economic Commentary, 26 (1). pp. 31-38. ISSN 0306-7866

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Abstract

The financial industry is a pervading element in most of our lives - we write cheques, borrow money, purchase pensions, insure our cars, etc. In addition, the role it plays in channelling investment funds from savers to borrowers is crucial to the efficient functioning of the economy.