Risks and Returns : Managing Financial Trade-Offs for Inclusive Growth in Europe and Central Asia
During the 1990s, Emerging Europe and Central Asia (ECA) chose a model of rapid financial development emphasizing bank credit expansion often funded by foreign capital. Although boosting financial inclusion of firms and households, the model was accompanied by lower efficiency and increased financia...
| Main Authors: | , |
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| Format: | Book |
| Language: | English en_US |
| Published: |
Washington, DC: World Bank
2016
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10986/25494 |