Global Financial Development Report 2017/2018 : Bankers without Borders

Successful international integration has underpinned most experiences of rapid growth, shared prosperity, and reduced poverty. Perhaps no sector of the economy better illustrates the potential benefits--but also the perils--of deeper integration than banking. International banking may contribute to...

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Main Author: World Bank
Format: Book
Language:English
en_US
Published: Washington, DC 2017
Subjects:
Online Access:http://hdl.handle.net/10986/28482
id okr-10986-28482
recordtype oai_dc
spelling okr-10986-284822021-12-17T05:10:40Z Global Financial Development Report 2017/2018 : Bankers without Borders World Bank SHARED PROSPERITY ECONOMIC GROWTH INTERNATIONAL BANKING FINANCIAL INTEGRATON GLOBALIZATION CAPITAL FLOWS REGULATION Financial Development Data Tables Successful international integration has underpinned most experiences of rapid growth, shared prosperity, and reduced poverty. Perhaps no sector of the economy better illustrates the potential benefits--but also the perils--of deeper integration than banking. International banking may contribute to faster growth in two important ways: first, by making available much needed capital, expertise, and new technologies; and second, by enabling risk-sharing and diversification. But international banking is not without risks. The global financial crisis vividly demonstrated how international banks can transmit shocks across the globe. The Global Financial Development Report 2017/2018 brings to bear new evidence on the debate on the benefits and costs of international banks, particularly for developing countries. It provides evidence-based policy guidance on a range of issues that developing countries face. Countries that are open to international banking can benefit from global flows of funds, knowledge, and opportunity, but the regulatory challenges are complex and, at times, daunting. Global Financial Development Report 2017/2018 is the fourth in a World Bank series. The report also tracks financial systems in more than 200 economies before and during the global financial crisis, included in the accompanying website (www.worldbank.org/financialdevelopment). The World Bank report Bankers without Borders is not associated with the Grameen Foundation’s Bankers without Borders program, which engages volunteer consultants to donate their expertise to serve social enterprises and nonprofits in poor countries. For more information, visit: https://www.bankerswithoutborders.com. 2017-10-10T16:18:42Z 2017-10-10T16:18:42Z 2018 Book 978-1-4648-1148-7 http://hdl.handle.net/10986/28482 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Publications & Research Publications & Research :: Publication
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic SHARED PROSPERITY
ECONOMIC GROWTH
INTERNATIONAL BANKING
FINANCIAL INTEGRATON
GLOBALIZATION
CAPITAL FLOWS
REGULATION
Financial Development Data Tables
spellingShingle SHARED PROSPERITY
ECONOMIC GROWTH
INTERNATIONAL BANKING
FINANCIAL INTEGRATON
GLOBALIZATION
CAPITAL FLOWS
REGULATION
Financial Development Data Tables
World Bank
Global Financial Development Report 2017/2018 : Bankers without Borders
description Successful international integration has underpinned most experiences of rapid growth, shared prosperity, and reduced poverty. Perhaps no sector of the economy better illustrates the potential benefits--but also the perils--of deeper integration than banking. International banking may contribute to faster growth in two important ways: first, by making available much needed capital, expertise, and new technologies; and second, by enabling risk-sharing and diversification. But international banking is not without risks. The global financial crisis vividly demonstrated how international banks can transmit shocks across the globe. The Global Financial Development Report 2017/2018 brings to bear new evidence on the debate on the benefits and costs of international banks, particularly for developing countries. It provides evidence-based policy guidance on a range of issues that developing countries face. Countries that are open to international banking can benefit from global flows of funds, knowledge, and opportunity, but the regulatory challenges are complex and, at times, daunting. Global Financial Development Report 2017/2018 is the fourth in a World Bank series. The report also tracks financial systems in more than 200 economies before and during the global financial crisis, included in the accompanying website (www.worldbank.org/financialdevelopment). The World Bank report Bankers without Borders is not associated with the Grameen Foundation’s Bankers without Borders program, which engages volunteer consultants to donate their expertise to serve social enterprises and nonprofits in poor countries. For more information, visit: https://www.bankerswithoutborders.com.
format Book
author World Bank
author_facet World Bank
author_sort World Bank
title Global Financial Development Report 2017/2018 : Bankers without Borders
title_short Global Financial Development Report 2017/2018 : Bankers without Borders
title_full Global Financial Development Report 2017/2018 : Bankers without Borders
title_fullStr Global Financial Development Report 2017/2018 : Bankers without Borders
title_full_unstemmed Global Financial Development Report 2017/2018 : Bankers without Borders
title_sort global financial development report 2017/2018 : bankers without borders
publisher Washington, DC
publishDate 2017
url http://hdl.handle.net/10986/28482
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