Inclusive finance and shadow banking : worlds apart or worlds converging? : Inclusion financière et système bancaire parallèle : deux mondes diamétralement opposés ou convergents? (French)

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? : Inclusion financière et système bancaire parallèle : deux mondes diamétralement opposés ou convergents? (French). CGAP brief Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/283781468186854738

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