India Environment Portal | News, reports, documents, blogs, data, analysis on environment & development | India, South Asia
Published on India Environment Portal | News, reports, documents, blogs, data, analysis on environment & development | India, South Asia (http://admin.indiaenvironmentportal.org.in)

Home > Reports and Documents > Global Financial Development Report 2017/2018: bankers without borders > Global Financial Development Report 2017/2018: bankers without borders

Global Financial Development Report 2017/2018: bankers without borders [1]

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 says this new report released by the World Bank. 

[2]Successful international integration has underpinned most experiences of rapid growth, shared prosperity, and reduced poverty. Perhaps no sector of the economy better illustrates the potential benefits--but also the perils--of deeper integration than banking. 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. 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. The World Bank report Bankers without Borders is not associated with the Grameen Foundation’s Bankers without Borders program, which engages volunteer consultants to donate their expertise to serve social enterprises and nonprofits in poor countries.

Publication Date: 
01/01/2018
The World Bank [3]
Tags:
Finance [4], Development [5], Economy [6], India [7], Global [8], Banks and Banking [9], Economic Development [10]
Centre for Science and Environment
National Knowledge Commission Government of India

Technology Partners: MimirTech


India Environment Portal by Centre for Science and Environment is licensed under a Creative Commons Attribution-Share Alike 2.5 India License.


Source URL: http://admin.indiaenvironmentportal.org.in/reports-documents/global-financial-development-report-20172018-bankers-without-borders

Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/global-financial-development-report-20172018-bankers-without-borders
[2] http://www.indiaenvironmentportal.org.in/files/file/Global Financial Development Report 2017-2018.pdf
[3] http://admin.indiaenvironmentportal.org.in/category/publisher/world-bank
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/finance
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/development
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/economy
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/global
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/banks-and-banking
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/economic-development