Financial intermediation costs in low-income countries : the role of regulatory, institutional, and macroeconomic factors / prepared by Tigran Poghosyan.
We analyze factors driving persistently higher financial intermediation costs in low-income countries (LICs) relative to emerging market (EMs) country comparators. Using the net interest margin as a proxy for financial intermediation costs at the bank level, we find that within LICs a substantial pa...
Full description
Saved in: