That is, it tends to be bigger and that is because less developed countries have less developed securities, regulation and laws, and traditions.

也可以说,银行体系势必会更加庞大,因为欠发达国家,没有完善的证券系统,法律法规和历史经验

耶鲁公开课 - 金融市场课程节选

Some people in less-developed countries feel uncomfortable that they are just slavishly copying other, more advanced countries; but, they have to recognize that is what everybody has been doing all along.

欠发达国家的人,对他们模仿其他发达国家的理论发明，感到不安;,但是他们应该知道,大家一直都在这么做。

耶鲁公开课 - 金融市场课程节选

Now, banking has a --it's important to know that banking is bigger in developing countries -I'll say LDCs, less developed countries -than in developed countries.

如今,银行有着...大家一定要了解,在发展中国家,银行规模更加庞大,...应该是在LDCS,即欠发达国家,这是相对于发达国家来说的

耶鲁公开课 - 金融市场课程节选