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Global Financial Development Report 2017/2018 Bankers without Borders By World Bank Group now available! International banking may contribute to faster growth in two important ways: first, by making available much needed capital, expertise, and new technologies; and second, by enabling risk-sharing and diversification. But international banking is not without risks. The global financial crisis vividly demonstrated how international banks can transmit shocks across the globe. The Global Financial Development Report 2017/2018 brings to bear new evidence on the debate on the benefits and costs of international banks, particularly for developing countries. It provides evidence-based policy guidance on a range of issues that developing countries face. Countries that are open to international banking can benefit from global flows of funds, knowledge, and opportunity, but the regulatory challenges are complex and, at times, daunting. | | November 2017. 178 pages. English Version. Paperback. ISBN: 978-1-4648-1148-7 Price: $39.95 | | Global Financial Development Report 2017/2018 is the fourth in a World Bank series. The report also tracks financial systems in more than 200 economies before and during the global financial crisis, included in the accompanying website (www.worldbank.org/financialdevelopment). | | | World Bank Group Publications and e-Products e-Catalog | For more information on WBG publications click here! | | | | | | |
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