A well-functioning financial system and a vigorous private sector are important drivers of growth and poverty reduction. Finance is central to private sector development and vice versa, and large parts of both sub-disciplines revolve around the behavior and performance of firms. Please see Finance and PSD for some of the policy messages that came out of our recent research and future directions. More... Research Highlights 2008  | Finance and Private Sector Development Impact Series This new series summarizes findings and lessons from impact evaluations in the areas of finance and private sector development conducted by researchers in the Development Research Group. More notes PDF version | 
| Financial Development and Structure database (updated: May 2009) This is a new database of indicators of financial development and structure across coutnries and over time. This database is unique in that it unites a variety of indicators that measure the size, activity, and efficiency of financial intermediaries and markets. | "New Entrepreneurship Database" The 2008 World Bank Group Entrepreneurship Survey (WBGES) continues to illustrate the importance of entrepreneurship for the dynamism of the modern economy. In its third year, the WBGES measures entrepreneurial activity in over 100 developing and industrial countries around the world over the eight year period 2000-2007. The WBGES provides empirical evidence that a good regulatory environment can increase entrepreneurial activity in developing countries. |  |  Trends of financial system development, politicians and banks, causes of the 2008 recession, regulatory reform in the wake of the financial crisis, plus much more...… Website |  | The joint World Bank-International Monetary Fund Conference on Managing Systemic Crises and Redesigning Financial Systems took place on May 26, 2009. The Conference explored issues of regulatory reform and corporate and financial restructuring in the wake of financial crises.
| Call for Papers A conference on Entrepreneurship and Growth, jointly with the Kauffman Foundation is planned for November 19-20, 2009. Please submit papers by June 1, 2009.
| Conference on The International Financial Crisis: Have the Rules of Finance Changed? co-sponsored by the Federal Reserve Bank of Chicago and the World Bank will take place on September 24, 2009 to September 25, 2009 to examine the recent global financial upheaval, whether financial principles seem to have shifted in recent years, and what that may mean for international financial markets and regulation. |
For more information, contact Asli Demirgüç-Kunt |