The global financial crisis experience shone a spotlight on the dangers of financial systems that have grown too big too fast. This note reexamines financial de
The global financial crisis experience shone a spotlight on the dangers of financial systems that have grown too big too fast. This note reexamines financial de
This new annual publication from the World Bank Group provides an overview and assessment of financial sector development around the world, with particular atte
This study provides a candid, systematic, and critical review of recent evidence on this complex subject. Based on a review of the literature and some new empir
An “intriguing plan” addressing shadow banking, regulation, and the continuing quest for financial stability (Financial Times). Years have passed since the