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Benchmarking financial systems : introducing the financial possibility frontier, Volume 1
 
Author:Beck, Thorsten; Feyen, Erik; Country:World;
Date Stored:2013/09/20Document Date:2013/09/01
Document Type:Policy Research Working PaperSubTopics:Access to Finance; Emerging Markets; Economic Theory & Research; Debt Markets; Banks & Banking Reform
Language:EnglishRegion:The World Region
Report Number:WPS6615Collection Title:Policy Research working paper ; no. WPS 6615
Volume No:1  

Summary: Across the world, supply for financial services rarely matches the demand, given multiple market frictions. This paper discusses the concept of the financial possibilities frontier as a constrained optimum to categorize different problems of shallow financial markets or unsustainable expansion. The paper offers three examples of how to use different data sources to apply the frontier concept to assess the state of financial systems.

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