Global Financial Development Report 2013: Rethinking the Role of the State in Finance

The book explores the state’s role in financial development, particularly in the wake of the Lehman Brothers collapse. It synthesizes both new and existing evidence to evaluate the effectiveness of the state as a regulator, overseer, promoter, and owner within the financial sector. This comprehensive analysis aims to provide insights into the appropriate balance of state involvement in fostering a stable and thriving financial environment.