Contributions

  • World Bank. Financial Sector Practice. Financial Economics Group. - Contributor

Publication

1999 - World Bank, Financial Sector Practice Dept., Financial Economics Unit, Washington, DC, District of Columbia

Language

English

Word Count

6,250 words, Guess

Page Count

25 pages

Identifiers

Classifications

  • LCCHG3881.5.W57 P63 no. 2201

Description

There may be a compelling discontinuity to financial sector development in that banks need to be supported early in development but need to be "weakened" later, at the expense of bank rents, to foster further development. The important question for policy is when and how to generate and manage this discontinuity so that it is not forced on society by costly and traumatic events such as bank failures.

Subjects

Series Statement

  • Policy research working paper ;
  • 2201
  • Policy research working papers ;

Links

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