IDEAS home Printed from https://ideas.repec.org/b/wbk/wbpubs/11848.html
   My bibliography  Save this book

Global Financial Development Report 2013 : Rethinking the Role of the State in Finance

Author

Listed:
  • World Bank

Abstract

The goal of this inaugural global financial development report is to contribute to the evolving debate on the role of the state in the financial sector, highlighted from the perspective of development. The report is aimed at a broad range of stakeholders, including governments, international financial institutions, nongovernmental organizations, think tanks, academics, private sector participants, donors, and the wider development community. The report offers policy advice based on research and lessons from operational work. The report benchmarks financial institutions and markets around the world, recognizing the diversity of modern financial systems. In its analysis of the state's role in finance, the report seeks to avoid simplistic, ideological views, instead aiming to develop a more nuanced approach to financial sector policy based on a synthesis of new data, research, and operational experiences. The report emphasizes that the state has a crucial role in the financial sector-it needs to provide strong prudential supervision, ensure healthy competition, and enhance financial infrastructure. Because the financial system is dynamic and conditions are constantly changing, regular updates are essential. Hence, this report should be seen as part of an ongoing project aimed at supporting systematic evaluation, improving data, and fostering broader partnerships. Future reports might address financial inclusion, the development of local currency capital markets, the financial sector's role in long-term financing, and the state's role in financing health care and pensions.

Suggested Citation

  • World Bank, 2012. "Global Financial Development Report 2013 : Rethinking the Role of the State in Finance," World Bank Publications - Books, The World Bank Group, number 11848, December.
  • Handle: RePEc:wbk:wbpubs:11848
    as

    Download full text from publisher

    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/11848/GlobalFinancialDevelopmentReport2013.pdf?sequence=1
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wbk:wbpubs:11848. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tal Ayalon (email available below). General contact details of provider: https://edirc.repec.org/data/dvewbus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.