Cross-border banking in emerging markets and developing economies has expanded across most World Bank regions and has … become large relative to some home and host economies. This paper analyzes recent trends of bank activities of financial …

undermine stability. Bank-centric financial systems are not inherently safer than systems that include meaningful roles for …

. However, central bank's independence and economic independence have a statistically significant effect on financial stability …, whereas central bank accountability, supervisory independence and accountability, political central bank independence as well …

An important dimension of the effects of foreign bank entry on financial sector development relates to that of … financial inclusion. Despite its policy significance, the empirical literature offers little evidence on the impact of bank … competition generally or foreign bank entry specifically on financial inclusion. This paper examines the relationship between …

This paper presents recent trends in bank ownership across countries and summarizes the evidence regarding the … implications of bank ownership structure for bank performance and competition, financial stability, and access to finance. The … the impact of government bank ownership suggests few benefits, especially for developing countries …

Recent studies of monetary policy in developing countries document a weak bank lending channel based on aggregate data …, volumes and rates, coupled with unanticipated variation in monetary policy. We show that a monetary contraction reduces bank …