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Benchmarking financial systems around the world

Author

Listed:
  • Cihak, Martin
  • Demirguc-Kunt, Asli
  • Feyen, Erik
  • Levine, Ross

Abstract

This paper introduces the Global Financial Development Database, an extensive dataset of financial system characteristics for 205 economies from 1960 to 2010. The database includes measures of (a) size of financial institutions and markets (financial depth), (b) degree to which individuals can and do use financial services (access), (c) efficiency of financial intermediaries and markets in intermediating resources and facilitating financial transactions (efficiency), and (d) stability of financial institutions and markets (stability). The authors document cross-country differences and time series trends.

Suggested Citation

  • Cihak, Martin & Demirguc-Kunt, Asli & Feyen, Erik & Levine, Ross, 2012. "Benchmarking financial systems around the world," Policy Research Working Paper Series 6175, The World Bank.
    • Handle: RePEc:wbk:wbrwps:6175
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    References listed on IDEAS

    as
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    Keywords

    Debt Markets; Emerging Markets; Access to Finance; Banks&Banking Reform; Economic Theory&Research;
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