Long-term issues in international banking

Long-term issues in international banking

CGFS Papers | No 41 | 29 July 2010PDF full text (334kb) | 46 pagesAbstractInternational banking has been an important driver of financial globalisation and integration, thus contributing to welfare gains over time and across countries. During the recent crisis, however, the plight of many internationally active banks epitomised the fragility of the financial system.

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