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infospace: process book-2-chapter-02

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Extract entities, map to VSM, and synthesize analysis.
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Bernd Worsch
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<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-2-chapter-02 -->
# Bank Financial Intermediation Efficiency
## Definition
The effectiveness with which banks channel funds from savers to borrowers while minimising costs and risks. High efficiency in financial intermediation enhances economic development and productivity.
## Source Chapter
Book II, Chapter 2
## Context
Smith analyses how efficient financial intermediation by banks enhances economic development, showing how reducing intermediation costs can significantly improve capital allocation and economic productivity.
## Economic Domain
Accumulation
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