Inclusive finance and shadow banking : worlds apart or worlds converging? : Inclusión financiera y sistema bancario paralelo : ¿dos mundos distintos o convergentes? (Spanish)

The term shadow banking came into widespread usage with the onset of the global financial crisis to refer to a broad array of entities and activities operating outside the regular banking system that were being used to perform bank-like functions. With progress on financial inclusion - and ongoing innovation, sometimes reaching vast scale quickly - it is worth remembering that the very concept of shadow banking emanated from fast-changing market practices...
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Lyman,Timothy; Shrader,Leesa Wilson; Tomilova,Olga.

Inclusive finance and shadow banking : worlds apart or worlds converging? : Inclusión financiera y sistema bancario paralelo : ¿dos mundos distintos o convergentes? (Spanish). CGAP brief Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/652991468186245791

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