The growth of financial intermediation research has yielded a host of questions that have pushed "design" issues to the fore even as the boundary between financ

This is a print on demand edition of a hard to find publication. The financial crisis of 2007-09 highlighted the changing role of financial institutions and the

Financial intermediation is currently a subject of active research on both sides of the Atlantic. The integration of European financial markets, in particular,

This book explores the potential and problems of bank safety and efficiency arising from the rapidly growing area of cross-border banking in the form of branche

The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a