Beck, Thorsten; Feyen, Erik; Ize, Alain; Moizeszowicz, … - 2008
, and effective arrangements for debtor and collateral information sharing; iii)
adequate macroeconomic management … chain of causality goes therefore from
policy to the enabling environment to financial sector development to economic …
development and welfare, with clear feedback processes along the chain (Figure 1).
Given that financial development is one …