Benchmarking Financial Systems Around the World

This paper introduces the Global Financial Development Database, an extensive dataset of financial system characteristics for 205 economies from 1960 to 2010.

Author: Martin Čihák

Publisher:

ISBN: OCLC:1305543403

Category:

Page: 58

View: 485

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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.
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Benchmarking Financial Systems Around the World

This paper introduces the Global Financial Development Database, an extensive dataset of financial system characteristics for 205 economies from 1960 to 2010.

Author: Martin Cihák

Publisher:

ISBN: OCLC:825037987

Category:

Page: 58

View: 841

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Benchmarking Financial Systems Around the World

This paper introduces the Global Financial Development Database, an extensive dataset of financial system characteristics for 205 economies from 1960 to 2010.

Author: Martin ??ih??k

Publisher:

ISBN: OCLC:931684661

Category:

Page:

View: 745

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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.
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Global Financial Development Report 2013

Fourth characteristic: Financial stability Last, but not least, the degree of financial stability is an important feature of the financial ... 28 GLOBAL FINANCIAL DEVELOPMENT REPORT 2013 BENCHMARKING FINANCIAL SYSTEMS AROUND THE WORLD.

Author: World Bank

Publisher: World Bank Publications

ISBN: 9780821395042

Category: Business & Economics

Page: 216

View: 185

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This new annual publication from the World Bank Group provides an overview and assessment of financial sector development around the world, with particular attention on medium- and low-income countries.
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Global Stock Market Development

The report refers to two elements of the financial system, namely financial institutions and financial markets. The characteristics presented in the report are based on Benchmarking Financial Systems around the World, 101 a publication ...

Author: Marcin Kalinowski

Publisher: Routledge

ISBN: 9781000457322

Category: Business & Economics

Page: 190

View: 563

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In the current era of globalised financial markets, the stock market cannot be assessed solely by comparing quantitative features such as the number of listed companies or capitalisation on the stock exchange. This is of secondary importance from an investor's point of view. What is important, however, is how a given stock market behaves towards the environment – whether it is ‘hyperactive’ or ‘excessively lethargic’ in response to information. This book provides an innovative tool for assessing global stock markets. It describes the complex concept of ‘stock market development’ in light of classical and behavioural finance theories and considers both quantitative (the number of listed companies, turnover, etc.) and behavioural aspects (price volatility, the behaviour of fundamental indicators of listed companies). Based on an innovative method for assessing development, the author analyses 130 stock markets, indicating those that are more developed in terms of quantity and behaviour. Ultimately, this enables the assessment of which markets are more or less developed and why. This knowledge, used properly, offers an advantage over other financial market participants, and allows for the comprehensive assessment of individual stock markets, which can support the process of making good investment decisions. The book is an invaluable resource for research fellows and students in economics, particularly the field of finance. It is also addressed to business and stock market practitioners, such as financial market analysts, brokers and investment advisers.
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The Little Data Book on Financial Development 2015 2016

The Global Financial Development Database is an extensive dataset of financial system characteristics for 202 economies ... Aslı Demirgüç-Kunt, Erik Feyen, and Ross Levine, 2012 “Benchmarking Financial Systems around the World,” Policy ...

Author: World Bank

Publisher: World Bank Publications

ISBN: 9781464805554

Category: Business & Economics

Page: 230

View: 860

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The Little Data Book on Financial Development 2015/2016 is a pocket edition of the Global Financial Development Database, published as part of the work on the Global Financial Development Report 2015/2016: Long-Term Finance. It contains 39 indicators of financial development in 202 economies, including measures of (1) financial depth, (2) access, (3) efficiency, and (4) stability of financial institutions and markets. Additional variables, historical observations, and links to underlying research are available at www.worldbank.org/financialdevelopment.
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Little Data Book on Financial Development 2014

The Global Financial Development Database is an extensive dataset of financial system characteristics for 202 economies. ... Aslı Demirgüç-Kunt, Erik Feyen, and Ross Levine, 2012, “Benchmarking Financial Systems Around the World.

Author: World Bank

Publisher: World Bank Publications

ISBN: 9781464800825

Category: Business & Economics

Page: 234

View: 337

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This pocket edition of the Global Financial Development Database contains 38 indicators of financial development in 205 economies, including measures of financial depth, access, efficiency, and stability of financial institutions and markets.
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Finance and Sustainable Development

Undertaking actions to create “sustainable” financial systems is also visible at the level of central banks. ... Čihák, M., A. Demirgüç-Kunt, E. Feyen, R. Levine, Benchmarking Financial Systems Around the World, The World Bank, ...

Author: Magdalena Ziolo

Publisher: Routledge

ISBN: 9781000332063

Category: Business & Economics

Page: 272

View: 991

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There are many studies confirming the relationship between financial systems and economic development, but there are few which examine the degree to which financial systems a) impact the quality of information, b) influence sound corporate governance, c) ensure effective mechanisms of risk management, d) mobilize savings and f) facilitate trade. In the context of sustainability, there should also be a line of inquiry into how a particular financial system influences the assurance and implementation of sustainable development principles and goals. This book delivers a methodological approach to designing and assessing sustainable financial systems. It provides an original contribution by prioritizing ESG factors in the decision-making process of financial institutions and identifying their impact on sustainable financial systems. The author argues that to achieve financial stability, it is necessary to have in place mechanisms designed to prevent financial problems from becoming systemic and/or threatening the stability of the financial and economic system, while maintaining (or not undermining) the economy’s ability to sustain growth and perform its other functions. The book primarily takes a simulation and experimental approach. It is the first book to take such a comprehensive look at sustainable financial systems as opposed to sustainable finance in general. It will appeal to academics, students and researchers in the fields of economics, finance and banking, business, management and political and social sciences.
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The ASEAN Way

Benchmarking Financial Systems around the World.” World Bank Policy Research Working Paper 6175, World Bank, Washington, DC. Cihak, M., and R. Podpiera. 2006. “Is One Watchdog Better than Three? International Experience with Integrated ...

Author: Ms.Ana Corbacho

Publisher: International Monetary Fund

ISBN: 9781513558905

Category: Business & Economics

Page: 311

View: 956

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The first part of the book examines the evolution of monetary policy and prudential frameworks of the ASEAN5, with particular focus on changes since the Asian financial crisis and the more recent period of unconventional monetary policy in advanced economies. The second part of the book looks at policy responses to global financial spillovers. The third and last part of the book elaborates on the challenges ahead for monetary policy, financial stability frameworks, and the deepening of financial markets.
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Republic of Kosovo

Assessing Financial Sector Development Across the Globe, IMF WP/13/81. Čihák M., A. Demirgüç-Kunt, E. Feyen, and R. Levine (2012): Benchmarking Financial Systems around the World, World Bank Policy Research Working Paper 6175.

Author: International Monetary Fund. European Dept.

Publisher: International Monetary Fund

ISBN: 9781484307854

Category: Business & Economics

Page: 28

View: 389

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This Selected Issues paper on the Republic of Kosovo’s 2013 Article IV Consultation highlights growth and Kosovo’s external environment. In the wake of the global financial crisis, Kosovo’s economic growth slowed but remained positive, while most other Western Balkans slipped into recession. Moreover, the annual average growth rate has been among the highest in the Western Balkans since the onset of the financial crisis in 2007. Kosovo’s tax-to-GDP ratio is comparable to the average of Southeastern Europe, although its tax system relies significantly more on indirect taxation—including a high share of trade taxes. Kosovo’s reliance on trade taxes may create budgetary pressures in the event of further trade liberalization.
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