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Financial development : structure and dynamics (English)

Abstract

This paper analyzes the bright and dark sides of the financial development process through the lenses of the four fundamental frictions to which agents are exposed -- information asymmetry, enforcement, collective action, and collective cognition. Financial... See More +

Details

  • de la Torre, Augusto; Feyen, Erik; Ize, Alain;
  • 2011/10/01
  • Policy Research Working Paper
  • WPS5854
  • 1 of 1
  • World
  • The World Region
  • 2011/10/01
  • Financial development : structure and dynamics
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