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Fifth, shadow banking decreases the power of financial policy (Estrella, 2002).
July 15, 2020
Fifth, shadow banking decreases the power of financial policy (Estrella, 2002). This will be partially because shadow banking is certainly not managed into the in an identical way as old-fashioned banking institutions, but due to the fact securitization insulates banks’ lending activity through the funds acquired from the main bank (Gertchev, 2009). Easily put, such… Read More ›