In this paper, arguments and evidence is presented which leads the author to conclude that the structure and imperfections of the financial markets does influence the course of economic growth. In particular, it is concluded that due to a monopoly structure in rural banking, an agricultural...

This paper: (1) Outlines principles and procedures pertinent to the financing of private recreational businesses in Minnesota. (2) Reports findings from study of requests to lending agencies for funds to be used in recreational enterprises.

This paper discusses the major problem facing regional capital and credit markets in their relationship to regional development. There are two ways in which capital and credit markets play a crucial role in regional development: (1) they mobilize local savings resources and allocate them between...