Financial Institutions and Markets across Countries and over Time : Data and Analysis
This paper introduces the updated and expanded version of the Financial Development and Structure Database and presents recent trends in structure and development of financial institutions and markets across countries. The authors add indicators on...
| Main Authors: | , , |
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| Language: | English |
| Published: |
2012
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| Subjects: | |
| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090616091230 http://hdl.handle.net/10986/4154 |
| Summary: | This paper introduces the updated and
expanded version of the Financial Development and Structure
Database and presents recent trends in structure and
development of financial institutions and markets across
countries. The authors add indicators on banking structure
and financial globalization. They find a deepening of both
financial markets and institutions, a trend concentrated in
high-income countries and more pronounced for markets than
for banks. Similarly, the recent increase in cross-border
lending and debt issues has been concentrated in high-income
countries, while low and lower-middle income countries have
experienced an increase in remittance flows. Low net
interest margins, rising profitability and declining
stability in high-income countries banking sectors
characterize the recent financial sector boom in high income
countries leading up to the global financial crisis of 2007. |
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