Chasing the shadows: How significant is shadow banking in emerging markets? by Swati Ghosh, Ines G. Mazo and Inci Ötker-Robe, published by World Bank. “Shadow banking in EMDEs generally does not involve long, complex, opaque chains of intermediation, as is often the case in advanced economies. Nonetheless, it can pose systemic risks, both directly, as its importance in the total financial system grows (with the concomitant credit, market, and liquidity risks that its participants undertake), and indirectly through its interconnectedness with the regulated banking system. At the same time, shadow banks also play an important role in channeling alternative funding sources to EMDEs, especially as deleveraging pressures from European banks continue.”
Chasing the Shadows (Ghosh et al.)
Primeiro a Compartilhar
Tags:
Ghosh et al. Primeiro a Compartilhar
ÚLTIMAS
MAIS VISTOS
Fórum de Economia (FGV/EESP)
setembro 26, 2013Ampliação da Arrecadação (Da Silva & Calegari)
março 11, 2018Introducción a la economía (Castro & Lessa)
junho 5, 2020
TAGS
BID BNDES Canuto CEPAL CIAT coronavirus COVID-19 Destaque Estadão Fabio Giambiagi Felipe Salto FGV François E. J. de Bremaeker FUNDAP Geraldo Biasoto Jr. Globo IDP IEDI IMF IPEA José R. Afonso José Roberto Afonso José Serra Juan Pablo Jiménez Kleber P. Castro LRF Mansueto Almeida Marcos Mendes Ministério da Fazenda OECD Teresa Ter-Minassian Valor Econômico Vito Tanzi World Bank Élida Graziane Pinto