Search Results for: Rethinking Financial Deepening

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

"Financial development increases a country's resilience and boosts economic growth. It mobilizes savings, promotes information sharing, improves resource alloca

Why are financial prices so much more crisis-prone and unstable than real economy prices? Because they are doing different things. Unlike real economy prices, r

This new annual publication from the World Bank Group provides an overview and assessment of financial sector development around the world, with particular atte