About the Author

Gerard Caprio is director of the Operations Policy Department in the World Bank's Financial Sector Presidency. Jonathan L. Fiechter is deputy director of the Monetary and Financial Systems Department at the International Monetary Fund. Robert E. Litan is a senior fellow in Economic Studies at Brookings and vice president for research and policy at the Kauffman Foundation. Michael Pomerleano is lead financial specialist in the Financial Sector Operations and Policy Department of the World Bank.