The Little Data Book on Financial Development 2013

The little data book on financial development 2013 is a pocket edition of the global financial development database published as part of the work on the global financial development report 2013: rethinking the role of the state in finance. The global financial development database is an extensive dataset of financial system characteristics for 203 economies. The database includes measures of (1) size of financial institutions and markets (financial depth), (2) degree to which individuals can and do use financial services (access), (3) efficiency of financial intermediaries and markets in intermediating resources and facilitating financial transactions (efficiency), and (4) stability of financial institutions and markets (stability). There is ample evidence on the role financial sector development plays in economic development, poverty alleviation and economic stability. However there are serious shortcomings associated with measuring the concept of the 'functioning of the financial system.' Recognizing the need for good data to better understand the concept of financial development, the World Bank's financial and private sector Vice Presidency and development economics Vice Presidency have recently launched a global financial development database, an extensive worldwide database that combines and updates several financial data sets. The data highlight the multi-dimensional nature of financial systems. Deep financial systems do not necessarily provide high degrees of financial access; highly efficient financial systems are not necessarily more stable than the less efficient ones, and so on. Each of these characteristics has an association with aspects of the broader socio-economic development, and each is, in turn, strongly associated with financial sector policies and other parts of the enabling environment for finance. The data also demonstrate the effects of the global financial crisis. The crisis not only increased financial instability but also translated into difficulties along other dimensions, such as increasing problems of access to financial services.

Bibliographic Details

Main Author:	World Bank
Language:	English en_US
Published:	Washington, DC: World Bank 2013
Subjects:	ACCESS TO FINANCIAL SERVICES, ASSET PRICE, BANK ACCOUNTS, BANK ASSETS, BANK BRANCHES, BANK CAPITAL, BANK CREDIT, BANK DEPOSITS, BANK POLICY, BANKING SYSTEMS, BENCHMARKING, BORROWING, CENTRAL BANK, COMMUNICATIONS DEVELOPMENT, CORPORATE BONDS, CURRENCY, DEBT SECURITIES, DEPOSIT, DEPOSIT MONEY BANK, DEPOSIT MONEY BANKS, DEVELOPING ECONOMIES, DEVELOPMENT ECONOMICS, DEVELOPMENT POLICY, ECONOMIC DEVELOPMENT, ECONOMIC STABILITY, ECONOMIC STATISTICS, ENABLING ENVIRONMENT, FINANCE CORPORATION, FINANCIAL ACCESS, FINANCIAL CRISIS, FINANCIAL DATA, FINANCIAL DEPTH, FINANCIAL DEVELOPMENT, FINANCIAL INSTABILITY, FINANCIAL INSTITUTIONS, FINANCIAL INTERMEDIARIES, FINANCIAL MARKETS, FINANCIAL SECTOR, FINANCIAL SECTOR DEVELOPMENT, FINANCIAL SECTOR POLICIES, FINANCIAL SERVICES, FINANCIAL SUPPORT, FINANCIAL SYSTEM, FINANCIAL SYSTEMS, FINANCIAL TRANSACTIONS, GDP, GROSS DOMESTIC PRODUCT, INCOME GROUP, INFLATION, INTEREST INCOME, INTERNATIONAL BANK, INTERNATIONAL FINANCE, LINE OF CREDIT, LIQUID ASSETS, LOCAL GOVERNMENT, LOW-INCOME ECONOMIES, MARKET TURNOVER, MIDDLE-INCOME ECONOMIES, NATIONAL INCOME, NET INTEREST MARGIN, NON-PERFORMING LOANS, OUTSTANDING INTERNATIONAL DEBT, OUTSTANDING INTERNATIONAL DEBT SECURITIES, OVERHEAD COSTS, PER CAPITA INCOME, POVERTY ALLEVIATION, PRICE VOLATILITY, PRIVATE CREDIT, PRIVATE DEBT, PRIVATE SECTOR DEVELOPMENT, PUBLIC DEBT, PUBLIC DEBT SECURITIES, REAL ESTATE, REGULATORY CAPITAL, RETURN, STOCK MARKET, STOCK MARKET CAPITALIZATION, STOCK PRICE, TURNOVER RATIO, UNION,
Online Access:	http://documents.worldbank.org/curated/en/2012/10/16928991/little-data-book-financial-development-2013 https://hdl.handle.net/10986/11966
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