Traditional vs. Shadow Banking

[steven_huang]

Traditional vs. Shadow Banking

Modern economies rely heavily on financial intermediaries to channel funds between borrowers and lenders. In this issue, the role of traditional banking is outlined and a parallel system—shadow banking—is explored.

Article and follow-up questions are included.

[steven_huang]

Traditional vs. Shadow Banking

Modern economies rely heavily on financial intermediaries to channel funds between borrowers and lenders. In this issue, the role of traditional banking is outlined and a parallel system—shadow banking—is explored.

Article and follow-up questions are included.