Benchmarking financial systems: introducing the financial possibility frontier

Thorsten Beck and Erik Feyen

No 6615, Policy Research Working Paper Series from The World Bank

Abstract: 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.

Keywords: Debt Markets; Access to Finance; Banks&Banking Reform; Emerging Markets; Economic Theory&Research (search for similar items in EconPapers)
Date: 2013-09-01
New Economics Papers: this item is included in nep-ban
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Citations: View citations in EconPapers (19)

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Related works:
Working Paper: Benchmarking Financial Systems: Introducing the Financial Possibility Frontier (2013)
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