Finance and inclusive growth: How to restore a healthy financial sector that supports long-lasting, inclusive growth?

Finance is a vital ingredient of economic growth, but there can be too much of it. Over the past 50 years, credit by banks and other institutions to households and businesses has grown three times as fast as economic activity. At these levels, further expansion is likely to slow long-term growth and raise inequality. How… Continua a leggere Finance and inclusive growth: How to restore a healthy financial sector that supports long-lasting, inclusive growth?