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This note examines the implications of digital innovation for market structure and attendant policies, including financial and competition regulation. There have been several surveys of regulatory responses. This note takes a step back, to look at what the economic theory of banking and...
Persistent link: https://www.econbiz.de/10013254873
State-owned financial institutions fall into three main groups: commercial banks, hybrid banks, and development institutions. The larger state-owned commercial banks/ groups include Sberbank, the VTB Bank group, and Gazprombank. Like private commercial banks, these institutions do not have a...
Persistent link: https://www.econbiz.de/10012644837
from Russian authorities, the World Bank conducted a diagnostic review to help Russia design an effective consumer … in Volume I, and analyzes the existing rules and practices in Russia, in comparison with international good practices …
Persistent link: https://www.econbiz.de/10012248124
review examines financial services in Russia, but also emphasizes the need for a set of good practices, or benchmarks, for … international community, and those in emerging markets. The review finds that most people in Russia do not consider themselves … of the existing rules and practices in Russia, compared to international good practices on consumer protection in …
Persistent link: https://www.econbiz.de/10012557820
There is a wealth of scientific reports that records the actual climatic changes that have been taking place during recent years. While there is debate over the causes of climate change, the rate at which this phenomenon is increasing is overwhelming - with the evidence indicating that the...
Persistent link: https://www.econbiz.de/10012247952
"Loayza and Rancire study the apparent contradiction between two strands of the literature on the effects of financial intermediation on economic activity. On the one hand, the empirical growth literature finds a positive effect of financial depth as measured by, for instance, private domestic...
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