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Benchmarking Financial Systems : Introducing the Financial Possibility Frontier / Beck, Thorsten

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
Beck, Thorsten
Contributor:
Beck, Thorsten
Feyen, Erik
Series:
Policy research working papers.
World Bank e-Library.
Language:
English
Subjects (All):
Access to Finance.
Banks & Banking Reform.
Debt Markets.
Economic Theory & Research.
Emerging Markets.
Finance and Financial Sector Development.
Financial development.
Financial fragility.
Financial sector policies.
Local Subjects:
Access to Finance.
Banks & Banking Reform.
Debt Markets.
Economic Theory & Research.
Emerging Markets.
Finance and Financial Sector Development.
Financial development.
Financial fragility.
Financial sector policies.
Physical Description:
1 online resource (55 pages)
Other Title:
Benchmarking Financial Systems
Place of Publication:
Washington, D.C., The World Bank, 2013
System Details:
data file
Summary:
Across the world, supply for financial services rarely matches the demand, given multiple market frictions. This paper discusses the concept of the financial possibilities frontier as a constrained optimum to categorize different problems of shallow financial markets or unsustainable expansion. The paper offers three examples of how to use different data sources to apply the frontier concept to assess the state of financial systems.

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