ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Financial and Real Assets in a Broad Perspective

A shift from real assets to financial assets in the portfolio of household savings can increase efficiency at the margin. This requires increased separation of ownership from management, a reduction in financial repression, a reduced dependence on self-employment, and a policy of providing infrastructure and more land for urban use.

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