Smaller but Safer?
Global trends taken for granted in recent decades, the big expansion in global financial assets compared with underlying economic activity, growing global financial integration, shrinking role of the state in financial systems, and rising share of...
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| Format: | Brief |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2009/06/10849207/smaller-safer http://hdl.handle.net/10986/10247 |
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okr-10986-10247 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
| institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
| language |
English |
| topic |
ARBITRAGE ASSET PRICES BALANCE SHEETS BANK ASSETS BANK CONSOLIDATION BANK DEPOSITS BANK FOR INTERNATIONAL SETTLEMENTS BANK LENDING BANK NATIONALIZATIONS BANK REGULATION BANKING SYSTEM BOND BOND MARKET BOND MARKET CAPITALIZATION BORROWING CAPITAL ADEQUACY CAPITAL CONTROLS CAPITAL FLOWS CAPITAL MARKET CAPITAL MARKET DEVELOPMENT CAPITAL MARKETS CENTRAL CLEARINGHOUSES COMMERCIAL LENDING CONTRIBUTION CREDIT DEFAULT CREDIT DEFAULT SWAPS CREDIT DERIVATIVES CREDIT LINES CREDIT RISK CRISIS COUNTRIES CROSS-BORDER CAPITAL DEBT SECURITIES DEPOSIT DEPOSIT MONEY BANK DERIVATIVES MARKET DIRECTED CREDIT DOMESTIC INSTITUTIONAL INVESTOR ECONOMIC ACTIVITY ECONOMIC CHARACTERISTICS ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC SYSTEMS EMERGING ECONOMIES EMERGING MARKET EMERGING-MARKET EMPLOYMENT EQUITIES EQUITY SECURITIES EXPOSURES FINANCE COMPANIES FINANCIAL AFFAIRS FINANCIAL ASSETS FINANCIAL CRISIS FINANCIAL DEPTH FINANCIAL DEREGULATION FINANCIAL DEVELOPMENT FINANCIAL ECONOMIST FINANCIAL GLOBALIZATION FINANCIAL INDUSTRY FINANCIAL INSTITUTIONS FINANCIAL INTEGRATION FINANCIAL INTERMEDIARIES FINANCIAL LIBERALIZATION FINANCIAL MARKET FINANCIAL REFORMS FINANCIAL REGULATION FINANCIAL RISK FINANCIAL RISKS FINANCIAL SECTOR FINANCIAL SECTOR POLICY FINANCIAL SERVICES FINANCIAL SYSTEM FINANCIAL SYSTEMS FOREIGN ASSETS FOREIGN BANKS FOREIGN ENTRY FOREIGN INVESTORS FOREIGN OWNERSHIP FOREIGN OWNERSHIP OF BANKS FUTURE GROWTH GLOBAL DEVELOPMENT FINANCE GLOBAL FINANCIAL SYSTEM GLOBAL TRADE GLOBALIZATION GROWTH OF MULTINATIONAL GUARANTEE SCHEMES GUARANTY HEDGE FUNDS HOME COUNTRIES HOST COUNTRIES HOUSEHOLDS HUMAN CAPITAL INCOME INCOME FLOWS INCOME GROUP INCOME SOURCE INCOME SOURCES INCOMES INFORMATION SERVICES INFORMATION TECHNOLOGY INSTITUTIONAL INVESTORS INSURANCE INSURERS INTEREST RATES INTERNATIONAL BANKING INTERNATIONAL FINANCIAL STATISTICS INTERNATIONAL SETTLEMENTS INVESTMENT BANKING INVESTMENT BANKS INVESTMENT COMPANY INVESTMENT PRODUCTS INVESTMENT RETURNS INVESTOR BASE INVESTOR BASES ISSUANCE LENDERS LEVEL PLAYING FIELD LIABILITY LIFE INSURANCE LIFE INSURANCE COMPANIES LIQUIDITY LOCAL CAPITAL MARKETS LOCAL MARKETS MANDATES MARKET INSTRUMENTS MARKET INVESTMENTS MARKET MECHANISMS MARKET PRICES MIDDLE-INCOME COUNTRIES MONETARY FUND MORTGAGE MORTGAGE LENDERS MORTGAGE MARKET MUTUAL FUNDS NATIONALIZED BANKS NEW BUSINESS NONBANK FINANCIAL INSTITUTIONS OUTSTANDING STOCK PENSION PENSION FUND PENSION FUND ADMINISTRATORS PENSION SYSTEMS PENSIONS POLICY RESPONSES PORTFOLIOS PORTFOLIOS OF PENSION FUNDS PRIVATE BOND PRIVATE DEBT PRIVATE ENTITIES PRIVATE PENSION PRIVATE PENSION FUNDS PRIVATE SECTOR DEVELOPMENT PROFITABILITY PRUDENTIAL REQUIREMENTS PUBLIC DEBT PUBLIC DEBT SECURITIES PUBLIC POLICY REAL SECTOR RECESSION RESEARCH ASSISTANCE RESOURCE ALLOCATION RETIREMENT RETIREMENT SAVINGS RETURN RETURNS RISK AVERSION SECONDARY MORTGAGE SECONDARY MORTGAGE MARKET SENIOR SINGLE MARKET SOLVENCY STOCK MARKET STOCK MARKET CAPITALIZATION STOCK MARKET CAPITALIZATIONS SUBSIDIARIES TRADING TRADING ACTIVITIES TRANSITION ECONOMIES UNDERWRITING CREDIT RISK UNIVERSAL BANKS VALUABLE WAGE WAGES WORLD DEVELOPMENT INDICATORS |
| spellingShingle |
ARBITRAGE ASSET PRICES BALANCE SHEETS BANK ASSETS BANK CONSOLIDATION BANK DEPOSITS BANK FOR INTERNATIONAL SETTLEMENTS BANK LENDING BANK NATIONALIZATIONS BANK REGULATION BANKING SYSTEM BOND BOND MARKET BOND MARKET CAPITALIZATION BORROWING CAPITAL ADEQUACY CAPITAL CONTROLS CAPITAL FLOWS CAPITAL MARKET CAPITAL MARKET DEVELOPMENT CAPITAL MARKETS CENTRAL CLEARINGHOUSES COMMERCIAL LENDING CONTRIBUTION CREDIT DEFAULT CREDIT DEFAULT SWAPS CREDIT DERIVATIVES CREDIT LINES CREDIT RISK CRISIS COUNTRIES CROSS-BORDER CAPITAL DEBT SECURITIES DEPOSIT DEPOSIT MONEY BANK DERIVATIVES MARKET DIRECTED CREDIT DOMESTIC INSTITUTIONAL INVESTOR ECONOMIC ACTIVITY ECONOMIC CHARACTERISTICS ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC SYSTEMS EMERGING ECONOMIES EMERGING MARKET EMERGING-MARKET EMPLOYMENT EQUITIES EQUITY SECURITIES EXPOSURES FINANCE COMPANIES FINANCIAL AFFAIRS FINANCIAL ASSETS FINANCIAL CRISIS FINANCIAL DEPTH FINANCIAL DEREGULATION FINANCIAL DEVELOPMENT FINANCIAL ECONOMIST FINANCIAL GLOBALIZATION FINANCIAL INDUSTRY FINANCIAL INSTITUTIONS FINANCIAL INTEGRATION FINANCIAL INTERMEDIARIES FINANCIAL LIBERALIZATION FINANCIAL MARKET FINANCIAL REFORMS FINANCIAL REGULATION FINANCIAL RISK FINANCIAL RISKS FINANCIAL SECTOR FINANCIAL SECTOR POLICY FINANCIAL SERVICES FINANCIAL SYSTEM FINANCIAL SYSTEMS FOREIGN ASSETS FOREIGN BANKS FOREIGN ENTRY FOREIGN INVESTORS FOREIGN OWNERSHIP FOREIGN OWNERSHIP OF BANKS FUTURE GROWTH GLOBAL DEVELOPMENT FINANCE GLOBAL FINANCIAL SYSTEM GLOBAL TRADE GLOBALIZATION GROWTH OF MULTINATIONAL GUARANTEE SCHEMES GUARANTY HEDGE FUNDS HOME COUNTRIES HOST COUNTRIES HOUSEHOLDS HUMAN CAPITAL INCOME INCOME FLOWS INCOME GROUP INCOME SOURCE INCOME SOURCES INCOMES INFORMATION SERVICES INFORMATION TECHNOLOGY INSTITUTIONAL INVESTORS INSURANCE INSURERS INTEREST RATES INTERNATIONAL BANKING INTERNATIONAL FINANCIAL STATISTICS INTERNATIONAL SETTLEMENTS INVESTMENT BANKING INVESTMENT BANKS INVESTMENT COMPANY INVESTMENT PRODUCTS INVESTMENT RETURNS INVESTOR BASE INVESTOR BASES ISSUANCE LENDERS LEVEL PLAYING FIELD LIABILITY LIFE INSURANCE LIFE INSURANCE COMPANIES LIQUIDITY LOCAL CAPITAL MARKETS LOCAL MARKETS MANDATES MARKET INSTRUMENTS MARKET INVESTMENTS MARKET MECHANISMS MARKET PRICES MIDDLE-INCOME COUNTRIES MONETARY FUND MORTGAGE MORTGAGE LENDERS MORTGAGE MARKET MUTUAL FUNDS NATIONALIZED BANKS NEW BUSINESS NONBANK FINANCIAL INSTITUTIONS OUTSTANDING STOCK PENSION PENSION FUND PENSION FUND ADMINISTRATORS PENSION SYSTEMS PENSIONS POLICY RESPONSES PORTFOLIOS PORTFOLIOS OF PENSION FUNDS PRIVATE BOND PRIVATE DEBT PRIVATE ENTITIES PRIVATE PENSION PRIVATE PENSION FUNDS PRIVATE SECTOR DEVELOPMENT PROFITABILITY PRUDENTIAL REQUIREMENTS PUBLIC DEBT PUBLIC DEBT SECURITIES PUBLIC POLICY REAL SECTOR RECESSION RESEARCH ASSISTANCE RESOURCE ALLOCATION RETIREMENT RETIREMENT SAVINGS RETURN RETURNS RISK AVERSION SECONDARY MORTGAGE SECONDARY MORTGAGE MARKET SENIOR SINGLE MARKET SOLVENCY STOCK MARKET STOCK MARKET CAPITALIZATION STOCK MARKET CAPITALIZATIONS SUBSIDIARIES TRADING TRADING ACTIVITIES TRANSITION ECONOMIES UNDERWRITING CREDIT RISK UNIVERSAL BANKS VALUABLE WAGE WAGES WORLD DEVELOPMENT INDICATORS Stephanou, Constantinos Smaller but Safer? |
| relation |
Crisis Response Note; No. 3 |
| description |
Global trends taken for granted in
recent decades, the big expansion in global financial assets
compared with underlying economic activity, growing global
financial integration, shrinking role of the state in
financial systems, and rising share of cross-border
ownership of financial institutions, may reverse over the
foreseeable future. In addition, the structure of financial
systems, particularly in developed countries, will likely
become oriented less toward capital markets and more toward
traditional (and simpler) banking activities. The impact on
economic growth and overall welfare is likely to be
negative, perhaps the price author have to pay for living in
a brave new (and presumably safer) financial world. |
| format |
Publications & Research :: Brief |
| author |
Stephanou, Constantinos |
| author_facet |
Stephanou, Constantinos |
| author_sort |
Stephanou, Constantinos |
| title |
Smaller but Safer? |
| title_short |
Smaller but Safer? |
| title_full |
Smaller but Safer? |
| title_fullStr |
Smaller but Safer? |
| title_full_unstemmed |
Smaller but Safer? |
| title_sort |
smaller but safer? |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2009/06/10849207/smaller-safer http://hdl.handle.net/10986/10247 |
| _version_ |
1764412394044391424 |
| spelling |
okr-10986-102472021-04-23T14:02:49Z Smaller but Safer? Stephanou, Constantinos ARBITRAGE ASSET PRICES BALANCE SHEETS BANK ASSETS BANK CONSOLIDATION BANK DEPOSITS BANK FOR INTERNATIONAL SETTLEMENTS BANK LENDING BANK NATIONALIZATIONS BANK REGULATION BANKING SYSTEM BOND BOND MARKET BOND MARKET CAPITALIZATION BORROWING CAPITAL ADEQUACY CAPITAL CONTROLS CAPITAL FLOWS CAPITAL MARKET CAPITAL MARKET DEVELOPMENT CAPITAL MARKETS CENTRAL CLEARINGHOUSES COMMERCIAL LENDING CONTRIBUTION CREDIT DEFAULT CREDIT DEFAULT SWAPS CREDIT DERIVATIVES CREDIT LINES CREDIT RISK CRISIS COUNTRIES CROSS-BORDER CAPITAL DEBT SECURITIES DEPOSIT DEPOSIT MONEY BANK DERIVATIVES MARKET DIRECTED CREDIT DOMESTIC INSTITUTIONAL INVESTOR ECONOMIC ACTIVITY ECONOMIC CHARACTERISTICS ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC SYSTEMS EMERGING ECONOMIES EMERGING MARKET EMERGING-MARKET EMPLOYMENT EQUITIES EQUITY SECURITIES EXPOSURES FINANCE COMPANIES FINANCIAL AFFAIRS FINANCIAL ASSETS FINANCIAL CRISIS FINANCIAL DEPTH FINANCIAL DEREGULATION FINANCIAL DEVELOPMENT FINANCIAL ECONOMIST FINANCIAL GLOBALIZATION FINANCIAL INDUSTRY FINANCIAL INSTITUTIONS FINANCIAL INTEGRATION FINANCIAL INTERMEDIARIES FINANCIAL LIBERALIZATION FINANCIAL MARKET FINANCIAL REFORMS FINANCIAL REGULATION FINANCIAL RISK FINANCIAL RISKS FINANCIAL SECTOR FINANCIAL SECTOR POLICY FINANCIAL SERVICES FINANCIAL SYSTEM FINANCIAL SYSTEMS FOREIGN ASSETS FOREIGN BANKS FOREIGN ENTRY FOREIGN INVESTORS FOREIGN OWNERSHIP FOREIGN OWNERSHIP OF BANKS FUTURE GROWTH GLOBAL DEVELOPMENT FINANCE GLOBAL FINANCIAL SYSTEM GLOBAL TRADE GLOBALIZATION GROWTH OF MULTINATIONAL GUARANTEE SCHEMES GUARANTY HEDGE FUNDS HOME COUNTRIES HOST COUNTRIES HOUSEHOLDS HUMAN CAPITAL INCOME INCOME FLOWS INCOME GROUP INCOME SOURCE INCOME SOURCES INCOMES INFORMATION SERVICES INFORMATION TECHNOLOGY INSTITUTIONAL INVESTORS INSURANCE INSURERS INTEREST RATES INTERNATIONAL BANKING INTERNATIONAL FINANCIAL STATISTICS INTERNATIONAL SETTLEMENTS INVESTMENT BANKING INVESTMENT BANKS INVESTMENT COMPANY INVESTMENT PRODUCTS INVESTMENT RETURNS INVESTOR BASE INVESTOR BASES ISSUANCE LENDERS LEVEL PLAYING FIELD LIABILITY LIFE INSURANCE LIFE INSURANCE COMPANIES LIQUIDITY LOCAL CAPITAL MARKETS LOCAL MARKETS MANDATES MARKET INSTRUMENTS MARKET INVESTMENTS MARKET MECHANISMS MARKET PRICES MIDDLE-INCOME COUNTRIES MONETARY FUND MORTGAGE MORTGAGE LENDERS MORTGAGE MARKET MUTUAL FUNDS NATIONALIZED BANKS NEW BUSINESS NONBANK FINANCIAL INSTITUTIONS OUTSTANDING STOCK PENSION PENSION FUND PENSION FUND ADMINISTRATORS PENSION SYSTEMS PENSIONS POLICY RESPONSES PORTFOLIOS PORTFOLIOS OF PENSION FUNDS PRIVATE BOND PRIVATE DEBT PRIVATE ENTITIES PRIVATE PENSION PRIVATE PENSION FUNDS PRIVATE SECTOR DEVELOPMENT PROFITABILITY PRUDENTIAL REQUIREMENTS PUBLIC DEBT PUBLIC DEBT SECURITIES PUBLIC POLICY REAL SECTOR RECESSION RESEARCH ASSISTANCE RESOURCE ALLOCATION RETIREMENT RETIREMENT SAVINGS RETURN RETURNS RISK AVERSION SECONDARY MORTGAGE SECONDARY MORTGAGE MARKET SENIOR SINGLE MARKET SOLVENCY STOCK MARKET STOCK MARKET CAPITALIZATION STOCK MARKET CAPITALIZATIONS SUBSIDIARIES TRADING TRADING ACTIVITIES TRANSITION ECONOMIES UNDERWRITING CREDIT RISK UNIVERSAL BANKS VALUABLE WAGE WAGES WORLD DEVELOPMENT INDICATORS Global trends taken for granted in recent decades, the big expansion in global financial assets compared with underlying economic activity, growing global financial integration, shrinking role of the state in financial systems, and rising share of cross-border ownership of financial institutions, may reverse over the foreseeable future. In addition, the structure of financial systems, particularly in developed countries, will likely become oriented less toward capital markets and more toward traditional (and simpler) banking activities. The impact on economic growth and overall welfare is likely to be negative, perhaps the price author have to pay for living in a brave new (and presumably safer) financial world. 2012-08-13T10:50:45Z 2012-08-13T10:50:45Z 2009-06 http://documents.worldbank.org/curated/en/2009/06/10849207/smaller-safer http://hdl.handle.net/10986/10247 English Crisis Response Note; No. 3 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research |