Financial Development in 205 Economies, 1960 to 2010

24 Pages Posted: 27 Nov 2017 Last revised: 29 Nov 2017

See all articles by Martin Čihák

Martin Čihák

International Monetary Fund (IMF)

Asli Demirgüç-Kunt

World Bank - Development Research Group; World Bank

Erik Feyen

World Bank - Finance & Markets Global Practice; Ahead Analytics Inc

Ross Levine

University of California, Berkeley - Haas School of Business; National Bureau of Economic Research (NBER)

Multiple version iconThere are 2 versions of this paper

Date Written: 2013

Abstract

This paper describes our construction of the Global Financial Development Database and uses the data to compare financial systems around the world. The database provides information on financial systems in 205 economies over the period from 1960 to 2010 and includes measures of (1) size of financial institutions and markets (financial depth), (2) degree to which individuals and firms 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).

Suggested Citation

Cihak, Martin and Demirgüç-Kunt, Asli and Feyen, Erik H. B. and Levine, Ross Eric, Financial Development in 205 Economies, 1960 to 2010 (2013). Journal of Financial Perspectives, Vol. 1, No. 2, 2013. Available at SSRN: https://ssrn.com/abstract=3076895

Martin Cihak

International Monetary Fund (IMF) ( email )

700 19th Street N.W.
Washington, DC 20431
United States

Asli Demirgüç-Kunt (Contact Author)

World Bank - Development Research Group ( email )

United States
202-473-7479 (Phone)
202-522-1155 (Fax)

HOME PAGE: http://econ.worldbank.org/staff/ademirguckunt/

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

Erik H. B. Feyen

World Bank - Finance & Markets Global Practice ( email )

1818 H Street, N.W.
Washington, DC 20433
United States
+1 (202) 458 2038 (Phone)
+1 (202) 522 3184 (Fax)

Ahead Analytics Inc ( email )

Washington, DC
United States

HOME PAGE: http://www.aheadanalytics.com

Ross Eric Levine

University of California, Berkeley - Haas School of Business ( email )

545 Student Services Building, #1900
2220 Piedmont Avenue
Berkeley, CA 94720
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

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