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Global Financial Development Report 2019/2020

Over a decade has passed since the collapse of the U.S. investment bank Lehman Brothers marked the onset of the largest global economic crisis since the Great Depression. The crisis revealed major shortcomings in market discipline, regulation, and supervision, and reopened important policy debates o...

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Autor principal: World Bank
Formato: Online
Idioma:inglês
Publicado em: Washington, DC: World Bank 2019
Assuntos:
Acesso em linha:http://documents.worldbank.org/curated/en/513831574784180010/Global-Financial-Development-Report-2019-2020-Bank-Regulation-and-Supervision-a-Decade-after-the-Global-Financial-Crisis
https://hdl.handle.net/10986/32595
https://doi.org/10.1596/978-1-4648-1447-1
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author World Bank
author_facet World Bank
author_sort World Bank
collection Publicaciones regionales/sectoriales principales
description Over a decade has passed since the collapse of the U.S. investment bank Lehman Brothers marked the onset of the largest global economic crisis since the Great Depression. The crisis revealed major shortcomings in market discipline, regulation, and supervision, and reopened important policy debates on financial regulation. Since the onset of the crisis, emphasis has been placed on better regulation of banking systems and on enhancing the tools available to supervisory agencies to oversee banks and intervene speedily in case of distress. Drawing on 10 years of data and analysis, the Global Financial Development Report 2019/2020 uncovers new evidence on the regulatory remedies adopted to prevent future financial troubles, and particularly the impact of reforms on market discipline and bank capital. Countries should design and enforce regulations that are appropriate for the institutional environment, strength of market discipline, supervisory capacity, and business models of banks in a given country. Regulations also need to be compatible with incentives, but designing and enforcing such regulations are complex tasks, particularly where sophisticated markets do not exist and institutions are underdeveloped. Globalization and technological change are important trends that make it even more challenging to provide effective oversight of banks. The Global Financial Development Report 2019/2020 is the fifth in a World Bank series. The report also tracks financial systems in more than 200 economies before and during the global financial crisis on an accompanying website (http://www.worldbank.org/en/publication/gfdr) and provides information on how banking systems are regulated and supervised around the world (http://www.worldbank.org/en/research/brief/BRSS).
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spelling wb-10986-325952025-04-15T11:26:54Z Global Financial Development Report 2019/2020 Bank Regulation and Supervision a Decade after the Global Financial Crisis World Bank INTERNATIONAL BANKING FINANCIAL INTEGRATION GLOBALIZATION CAPITAL FLOWS ECONOMIC GROWTH BANKING OVERSIGHT MARKET DISCIPLINE FINTECH FINANCIAL TECHNOLOGY BANKING REFORM BANKING SUPERVISION BANKING REGULATION FINANCIAL CRISIS FINANCIAL REGULATION SUPERVISORY CAPACITY Over a decade has passed since the collapse of the U.S. investment bank Lehman Brothers marked the onset of the largest global economic crisis since the Great Depression. The crisis revealed major shortcomings in market discipline, regulation, and supervision, and reopened important policy debates on financial regulation. Since the onset of the crisis, emphasis has been placed on better regulation of banking systems and on enhancing the tools available to supervisory agencies to oversee banks and intervene speedily in case of distress. Drawing on 10 years of data and analysis, the Global Financial Development Report 2019/2020 uncovers new evidence on the regulatory remedies adopted to prevent future financial troubles, and particularly the impact of reforms on market discipline and bank capital. Countries should design and enforce regulations that are appropriate for the institutional environment, strength of market discipline, supervisory capacity, and business models of banks in a given country. Regulations also need to be compatible with incentives, but designing and enforcing such regulations are complex tasks, particularly where sophisticated markets do not exist and institutions are underdeveloped. Globalization and technological change are important trends that make it even more challenging to provide effective oversight of banks. The Global Financial Development Report 2019/2020 is the fifth in a World Bank series. The report also tracks financial systems in more than 200 economies before and during the global financial crisis on an accompanying website (http://www.worldbank.org/en/publication/gfdr) and provides information on how banking systems are regulated and supervised around the world (http://www.worldbank.org/en/research/brief/BRSS). 2019-10-22T15:03:23Z 2019-10-22T15:03:23Z 2020 Book Livre Libro http://documents.worldbank.org/curated/en/513831574784180010/Global-Financial-Development-Report-2019-2020-Bank-Regulation-and-Supervision-a-Decade-after-the-Global-Financial-Crisis 978-1-4648-1447-1 https://hdl.handle.net/10986/32595 10.1596/978-1-4648-1447-1 https://doi.org/10.1596/978-1-4648-1447-1 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank application/pdf application/pdf application/pdf application/pdf application/pdf application/pdf Washington, DC: World Bank
spellingShingle INTERNATIONAL BANKING
FINANCIAL INTEGRATION
GLOBALIZATION
CAPITAL FLOWS
ECONOMIC GROWTH
BANKING OVERSIGHT
MARKET DISCIPLINE
FINTECH
FINANCIAL TECHNOLOGY
BANKING REFORM
BANKING SUPERVISION
BANKING REGULATION
FINANCIAL CRISIS
FINANCIAL REGULATION
SUPERVISORY CAPACITY
World Bank
Global Financial Development Report 2019/2020
title Global Financial Development Report 2019/2020
title_full Global Financial Development Report 2019/2020
title_fullStr Global Financial Development Report 2019/2020
title_full_unstemmed Global Financial Development Report 2019/2020
title_short Global Financial Development Report 2019/2020
title_sort global financial development report 2019 2020
topic INTERNATIONAL BANKING
FINANCIAL INTEGRATION
GLOBALIZATION
CAPITAL FLOWS
ECONOMIC GROWTH
BANKING OVERSIGHT
MARKET DISCIPLINE
FINTECH
FINANCIAL TECHNOLOGY
BANKING REFORM
BANKING SUPERVISION
BANKING REGULATION
FINANCIAL CRISIS
FINANCIAL REGULATION
SUPERVISORY CAPACITY
url http://documents.worldbank.org/curated/en/513831574784180010/Global-Financial-Development-Report-2019-2020-Bank-Regulation-and-Supervision-a-Decade-after-the-Global-Financial-Crisis
https://hdl.handle.net/10986/32595
https://doi.org/10.1596/978-1-4648-1447-1
work_keys_str_mv AT worldbank globalfinancialdevelopmentreport20192020
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