ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Information Game Lesson from Gulf War

functions.. Although term financing by banks and directly from the capital market has been growing, would a historically British-oriented banking system be able to move over to a wholly integrated German-style functioning? Will it have the skills and resources? Instead of a water-tight demarcation of functions, what seems to be practicable is definition of fairly high minimum levels of term lending for financial institutions, thus increasing the scope for banks without banishing the financial institutions altogether from what has been their main business.

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