2009 Reports
Comments on Reforming the Financial Sector
The crucial task starting now, in 2009, before it is too late, will be to restructure, or reconfigure, the financial sector so that it becomes less of a conduit for mortgage lending for residential and commercial construction – and more a set of well-functioning institutions with the expertise to make lending decisions for business investment and business innovation.
Files
- ccswp35_phelps.pdf application/pdf 22.1 KB Download File
More About This Work
- Academic Units
- Center on Capitalism and Society
- Economics
- Publisher
- Center on Capitalism and Society, Columbia University
- Series
- Center on Capitalism and Society Working Papers, 35
- Published Here
- September 22, 2017
Notes
Presented at the 6th Annual Conference of the Center for Capitalism and Society: Emerging from the Financial Crisis, held at Columbia University on February 20, 2009.