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What is Shadow Banking?

There is much confusion about what shadow banking is. Some equate it with securitization, others with non-traditional bank activities, and yet others with non-bank lending. Regardless, most think of shadow banking as activities that can create systemic risk. This paper proposes to describe shadow... Full description

1st Person: Claessens, Stijn
Additional Persons: Ratnovski, Lev
Type of Publication: Book
Published: Washington, D.C. International Monetary Fund 2014, 2014
Series: IMF Working Papers; Working Paper
Keywords: China, People's Republic of
India
Policy
Government Policy and Regulation
Regulation
Securitization
Banking Activities
Online: Volltext
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