, Volume 10, Issue 11, pp 338–340 | Cite as

Need for modernizing financial institutions

  • Heiko Körner
Articles Financing


As the flow of financial aid from the industrial countries may be expected to shrink rapidly as a consequence of their economic difficulties, the developing countries will have to find out possibilities of using their own financial resources more effectively. In this connection the task of modernizing their financial institutions should not be neglected.


Real Estate Financial Institution Foreign Capital Employment Creation Domestic Saving 
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Copyright information

© HWWA and Springer-Verlag 1987

Authors and Affiliations

  • Heiko Körner
    • 1
  1. 1.Hamburg

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