Claessens, Stijn; Glaessner, Thomas; Klingebiel, Daniela - Economics Research, World Bank Group
assesses how e-finance, and globalization more generally, affects financial sector policies in emerging markets, including the … need for changes in the approach to financial sector development. The paper then examines governments' changing role in the … financial sector, and identifies opportunities that e-finance offers countries to leapfrog. Finally, the paper includes for …