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Shadows on the Tokyo Stock Exchange: the same factors drive the growth of shadow banking across countries (photo: Issei Kato/Reuters/Corbis)

Shadow Banking Is Boon, Bane for Financial System

October 01, 2014

Shadow banking is both a boon and a bane for countries, and to reap its benefits, policymakers should minimize the risks it poses to the overall financial system, according to the International Monetary Fund’s latest Global Financial Stability for more

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