Importance of Effective Banking Regulation and Supervision
Banking systems that don’t work well stymie economic development, aggravate poverty, and disrupt economies. In particular, a large body of research shows that well-functioning banks boost economic growth, which reduces poverty. Apart from that more recently there has been evidence of the financial crisis of a disruptive nature (Klomp, J., and De Haan, J. (2015). ... Read More
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