luminaries that includes Timothy Geithner, Henry Paulson, Robert Rubin, Ben Bernanke, and Alan Greenspan. In Guardians of Finance …

goal of extending banking and other financial services to this vast “unbanked” population, we need to consider not only … such product innovations as microfinance and mobile banking but also issues of data accuracy, impact assessment, risk … mitigation, technology adaptation, financial literacy, and local context. In Banking the World, experts take up these topics …

Twenty years ago, most banking courses focused on either management or monetary aspects of banking, with no connecting …. Since then, a microeconomic theory of banking has developed, mainly through a switch of emphasis from the modeling of risk … useful in pointing out structural weaknesses of the banking sector that may justify government intervention--for example …

Over the last thirty years, a new paradigm in banking theory has overturned economists' traditional vision of the … banking sector. The asymmetric information model, extremely powerful in many areas of economic theory, has proven useful in … banking theory both for explaining the role of banks in the economy and for pointing out structural weaknesses in the banking …