Too Cold, Too Hot, or Just Right? : Assessing Financial Sector Development Across the Globe /

This paper introduces the concept of the financial possibility frontier as a constrained optimum level of financial development to gauge the relative performance of financial systems across the globe. This frontier takes into account structural country characteristics, institutional, and macroeconom...

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Bibliographic Details
Main Author: Barajas, Adolfo
Other Authors: Beck, Thorsten, Dabla-Norris, Era, Yousefi, Seyed Reza
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Working Papers; Working Paper ; No. 2013/081
Online Access:Full text available on IMF