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That is especially crucial in Europe, where banks, rather than capital markets, are the main source of credit for corporations.
But more recently, the capital markets have become the main source of credit for big firms, and an important one even for individuals.
Some 40% of India's bank loans are directed to "priority sectors" such as agriculture, and the main source of credit for the typical citizen is the informal moneylender.The harder question is how to deal with foreign capital.
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That has left Europe as the main source of demand for credits, and the CDM has become a sort of annex to Europe's cap-and-trade scheme, the Emissions Trading System.
On June 4th the ECB will announce details of its plan to buy up to €60 billion ($83 billion) of the safest bank bonds to help with longer-term financing needs.Such measures should be enough to avert a drying-up of bank credit, the main source of finance for euro-area borrowers.
The fund has emerged as a main source of financing for emerging-market nations, as the credit crisis spread from the United States to Eastern Europe and beyond.
Northern Rock has been kept afloat by public subsidy since September, when international credit markets cut off its main source of funding and forced it to go cap in hand to the Bank of England.
Although not his main source of income, Andor, a 23-year-old Hungarian, admitted that 'now, since the credit crunch, I do it quite often.' Another man started to work in this area having found himself in financial difficulties, unable to cope with the high cost of living in London.
Besides being the main source of cash for paying players, the league's broadcasting deals also helped secure a billion-dollar credit line that the owners can borrow from at a dirt-cheap interest rate.
It's my main source of power.
The main source of disagreement is sterling.
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