Format:
XX, 194 S.
,
graph. Darst., Kt.
ISBN:
9780821395035
Series Statement:
Global financial development report 1.2013
Content:
Global Financial Development Report 2013 is the first in a new World Bank series. It provides a unique contribution to financial sector policy debates, building on novel data, surveys, research, and wide-ranging country experience, with emphasis on emerging-market and developing economies. The global financial crisis has challenged conventional thinking on financial sector policies. Launched on the fourth anniversary of the Lehman Brothers collapse-a turning point in the crisis-this volume re-examines a basic question: what is the proper role of the state in financial development? To address the question, this report synthesizes new and existing evidence on the state's performance as financial sector regulator, overseer, promoter, and owner. It calls on state agencies to provide strong regulation and supervision and ensure healthy competition in the sector, and to support financial infrastructure, such as the quality and availability of credit information. It also warns that direct interventions-such as lending by state-owned banks, used in many countries to counteract the crisis-may end up being harmful. The report also tracks financial systems in more than 200 economies before and during the global financial crisis.The report's findings and policy recommendations are relevant for policy makers; staff of central banks, ministries of finance, and financial regulation agencies; nongovernmental organizations and donors; academics and other researchers and analysts; and members of the finance and development community
Note:
Includes bibliographical references
,
Benchmarking financial systems around the world -- The state as regulator and supervisor -- The role of the state in promoting bank competition -- Direct state interventions -- The role of the state in financial infrastructure.
Additional Edition:
ISBN 9780821395042
Language:
English
Subjects:
Economics
Keywords:
Internationaler Kreditmarkt
;
Internationale Finanzpolitik
;
Kreditwesen
;
Regulierung
;
Graue Literatur
URL:
Accompanying website
URL:
http://econ.worldbank.org/financialdevelopment
Bookmarklink
