Government Subsidies to the Global Financial System: A Preliminary Exploration. Inquiry Working Paper 16/11

The primary goal of the present study is to understand the character and to estimate the total value of subsidies, both direct and implicit, from governments to the private sector institutions that make up the global financial system. A secondary objective of this analysis is to deepen our understanding of the extent to which the existing suite of subsidies to the private financial sector tends to advance or obstruct the global effort to achieve the United Nations Sustainable Development Goals (SDGs).