This paper reassesses what works in banking regulation based on the new World Bank survey (Survey IV) of bank regulation and supervision around world. The paper briefly presents new and official survey...
Most explanations of the crisis of 2007-2009 emphasize the role of the preceding boom in real estate and asset markets in a variety of advanced countries. As a result, an idea that is gaining support among...
The intensity of recent turbulence in financial markets has surprised nearly everyone. This paper searches out the root causes of the crisis, distinguishing them from scapegoating explanations that have...
This paper presents new and official survey information on bank regulations in 142 countries and makes comparisons with two earlier surveys. The data do not suggest that countries have primarily reformed...
Promoting efficient rural financial intermediation, by Jacob Yaron, McDonald Benjamin, and Stephanie Charitonenko. The role of long-term finance : theory and evidence, by Gerard Caprio, Jr. and Asli Demirguc-Kunt...
Reforming finance in transitional socialist economies. How do market failures justify interventions in rural credit markets? What makes rural finance institutions successful? Animal health services: finding...
Financial reforms initiated in most transitional socialist economies do not yet adequately provide many of the financial services associated with market-oriented financial systems. Such services - mobilizing...