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 …

Tirole offer an original, unified perspective on these questions drawing on insights from modern corporate finance. In a … slight, but important departure from the standard theory of finance, they show how imperfect pledgeability of corporate …