Abstract
As we have seen, one of the most distinguishing features of building societies is their reliance on the personal sector— as distinct from involvement with companies, financial intermediaries, etc. Indeed, the recent Stow Report1 recommended an expansion of contacts with this traditional source of funds.
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References
Building Societies Association, ‘Mortgage Finance in the 1980’s’ (Stow Report), December 1979.
Galbraith, J. K., The Affluent Society (Penguin Books, 1970); The New Industrial State (Penguin Books, 1975).
Friedman, M., ‘From Galbraith to Economic Freedom’. Institute of Economic Affairs Occasional Paper No. 49, January 1977.
The paradox of personal saving’, Midland Bank Review Winter 1977.
Building Societies and the Savings Market (May 1979), prepared for the Building Societies Association by the British Market Research Bureau.
Building Societies Association, A Compendium of Building Society Statistics, 2nd edn, Table B2 (BSA: December 1979).
Building Societies Institute, Building Society Administration - Booklet No. 1, Building Society Management, 7th edn (Franey & Co., 1978).
Packard, V., The Hidden Persuaders (Penguin, 1960); The Status Seekers (Pelican, 1961); The Waste Makers (Pelican, 1963).
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© 1982 T. J. Gough
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Gough, T.J. (1982). Savings. In: The Economics of Building Societies. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-05673-6_2
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DOI: https://doi.org/10.1007/978-1-349-05673-6_2
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