Structural developments in global financial intermediation: The rise of debt and non‑bank credit intermediation
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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This paper examines global credit intermediation through the lens of financial markets and financial intermediaries in the post-crisis period during which highly accommodative monetary policies contributed to investors’ search for yield. It reviews the extent to which non-bank intermediation contributed to the rise of sovereign and corporate debt...
