Credit allocation in an era of non-banks and new technologies
Where to allocate credit so that it works best for the common good is an age-old question for the financial sector. The expansion of non-banks and new technologies enabling—and some aiming to eliminate—financial intermediation is reformulating that question. Are new forms of public intervention required to meet the investment needs of contemporary society?
Joining this episode of Financial Statements were:
Senior Fellow, Peterson Institute for International Economics (PIIE)
- Saule Omarova
Beth and Marc Goldberg Professor of Law, Cornell Law School
- Vítor Constâncio
Former Vice President of the European Central Bank
ABOUT THIS SERIES
Financial Statements is a biweekly virtual event series hosted by Nicolas Véron that explores changes in the world of finance, encompassing themes of financial services regulation, corporate finance and governance, systemic fragility and crises, and structural changes driving business and policy trends in the financial sector.