L'invention du shadow banking
DOI :
https://doi.org/10.18559/rielf.2020.1.6Mots-clés :
shadow banking, intermédiation financière, titrisation, collatéralRésumé
L ' essor spectaculaire de l ' intermédiation non-bancaire a donné naissance à une vaste littérature dévolue à l ' analyse du phénomène du shadow banking, considéré comme le principal responsable de la débâcle bancaire et financière de la crise financière de 2007-2008. L ' objectif de cet article est de présenter les racines du phénomène, préalable indispensable afin d ' en établir le rôle dans le financement du crédit. A la lumière de ces éclairages sur les outils de la finance moderne, cet article offre une lecture du phénomène qui mène progressivement à s ' interroger sur le basculement du système financier vers une dynamique de collatéralisation intensive.
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(c) Copyright Poznań University of Economics and Business 2020
Ce travail est disponible sous la licence Creative Commons Attribution 4.0 International .
