Abstract
Abstract The financial system in Taiwan has not been a perfect bridge for transferring funds between savers and investors, but it is improving gradually. The system’s role in Taiwan’s economic development has been studied fairly extensively in such.,orks as Shea and Yang (1989) and Lee and Tsai (1988), but these are primarily on a macro level. There is little analysis at the micro level-even in Chinese. This chapter seeks to fill that void.
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