Shadow banking provides investors with the means to isolate risks, transfer profits, avoid regulation and increase the range of money-like financial products available for investment.
David Neves, University of the Western Cape and Deborah James, London School of Economics and Political Science
Entities at the centre of the storm engulfing South Africa’s social grants distribution system have claimed to be champions of financial inclusion. The claim in itself is scandalous.
Bank customers usually stay with their bank despite scandals in the sector, however new tech that gives consumers more information might help them switch.
Women in senior positions at banks are just as likely to take risks as their male colleagues.
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For a discipline that is supposedly rational, finance has had its fair share of irrational crazes. For example, the dotcom bubble and the collateralized debt obligation craze that led to the global financial…
Superannuation’s influence on the Australian financial sector mostly balances out.
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South Africa needs take a radically different path if it is going to make its economy more inclusive. It must start from the premise that markets are intrinsically skewed to historic privilege.