Lessons from World Bank research on financial crisis Development Research Group

Contributor(s): Material type: TextTextLanguage: English Publication details: Washington, D.C The World Bank 2008Description: x, 21 p. 27 cmSubject(s): LOC classification:
  • HG 3881.5 W577
Summary: The benefits of financial development and globalization have come with continuing fragility in financial sectors. Periodic crisis have had real but heterogeneous welfare impacts and not just for poor people indeed, some of the conditions that foster deep and persistent poverty, such as lack of connectivity to markets, have provided a degree of protection for the poor. Past crisis have also had lo
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The benefits of financial development and globalization have come with continuing fragility in financial sectors. Periodic crisis have had real but heterogeneous welfare impacts and not just for poor people indeed, some of the conditions that foster deep and persistent poverty, such as lack of connectivity to markets, have provided a degree of protection for the poor. Past crisis have also had lo

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