Rethinking Financial Deepening

Stability and Growth in Emerging Markets

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 deepening, focusing on what emerging markets can learn from the advanced economy experience. It finds that gains for growth and stability from financial deepening remain large for most... READ MORE...

Publication date: May 2015
ISBN 9781498312615
$10.00

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