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Asli Demirguc-Kunt



Asli Demirguc-Kunt, Director of Research 
Asli Demirgüç-Kunt
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All About Finance (blog) 
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Finance and Private Sector Development Research Group








ASLI DEMIRGÜÇ-KUNT is the Director of Research in the World Bank. After joining the Bank in 1989 as a Young Economist, she has held different positions, including Director of Development Policy, Chief Economist of Financial and Private Sector Development Network, and Senior Research Manager, doing research and advising on financial sector and private sector development issues. She is the lead author of World Bank Policy Research Report 2007, Finance for All? Policies and Pitfalls in Expanding Access. She has also created the World Bank’s Global Financial Development Report and directed the issues on Rethinking the Role of the State in Finance (2013), and Financial Inclusion (2014).

The author of over 100 publications, Ms. Demirgüç-Kunt has published widely in academic journals. Her research has focused on the links between financial development and firm performance and economic development. Banking crises, financial regulation, access to financial services including SME finance are among her areas of research. Prior to coming to the Bank, she was an Economist at the Federal Reserve Bank of Cleveland. She holds a Ph.D. and M.A. in economics from the Ohio State University.
















World Bank Research Dataset

Deposit Insurance around the World: A Comprehensive Database
Policies and Institutions that Promote Saving: module 1 (National saving)

World Bank working papers and publications

1 .Saving for old age
2 .How does long-term finance affect economic volatility ?
3 .The impact of the global financial crisis on firms' capital structure
4 .Are large firms born or made ? evidence from developing countries
5 .The Global Findex Database 2014 : measuring financial inclusion around the world
6 .What determines entrepreneurial outcomes in emerging markets ? the role of initial conditions
7 .Corporate governance and bank insolvency risk : international evidence
8 .Does local financial development matter for firm lifecycle in India ?
9 .Bank capital and systemic stability
10 .Deposit insurance database
11 .Size and age of establishments: evidence from developing countries
12 .How does corporate governance affect bank capitalization strategies ?
13 .Islamic finance and financial inclusion: measuring use of and demand for formal financial services among Muslim adults
14 .Financial inclusion and legal discrimination against women : evidence from developing countries
15 .Rethinking the state's role in finance
16 .Incentive audits : a new approach to financial regulation
17 .Bank regulation and supervision around the world : a crisis update
18 .How does deposit insurance affect bank risk ? evidence from the recent crisis
19 .The foundations of financial inclusion : understanding ownership and use of formal accounts
20 .Benchmarking financial systems around the world
21 .Bank ownership and credit over the business cycle : is lending by state banks less procyclical?
22 .Financial inclusion in Africa : an overview
23 .Financing of firms in developing countries : lessons from research
24 .Measuring financial inclusion : the Global Findex Database
25 .How does bank competition affect systemic stability ?
26 .Is the financial safety net a barrier to cross-border banking ?
27 .Has the global banking system become more fragile over time ?
28 .Remittances and financial inclusion : evidence from El Salvador
29 .Do Phoenix miracles exist ? firm-level evidence from financial crises
30 .Is small beautiful ? financial structure, size and access to finance
31 .The evolving importance of banks and securities markets
32 .Small vs. young firms across the world : contribution to employment, job creation, and growth
33 .Do we need big banks ? evidence on performance, strategy and market discipline
34 .A framework for analyzing competition in the banking sector : an application to the case of Jordan
35 .Bank capital : lessons from the financial crisis
36 .Islamic vs. conventional banking : business model, efficiency and stability
37 .Are banks too big to fail or too big to save ? International evidence from equity prices and CDS spreads
38 .Are innovating firms victims or perpetrators ? tax evasion, bribe payments, and the role of external finance in developing countries
39 .The World Bank economic review 24 (1)
40 .Basel core principles and bank soundness : does compliance matter ?
41 .Banks and microbanks
42 .Microfinance tradeoffs : regulation, competition, and financing
43 .Does regulatory supervision curtail microfinance profitability and outreach ?
44 .Finance and inequality : theory and evidence
45 .Remittances and banking sector breadth and depth : evidence from Mexico
46 .Entrepreneurship in post-conflict transition : the role of informality and access to finance
47 .Financial institutions and markets across countries and over time - data and analysis
48 .Bank activity and funding strategies : the impact on risk and returns
49 .The World Bank research observer 24 (1)
50 .Are all the sacred cows dead ? implications of the financial crisis for macro and financial policies
51 .Bank financing for smes around the world : drivers, obstacles, business models, and lending practices
52 .The 2007 meltdown in structured securitization : searching for lessons, not scapegoats
53 .Microfinance meets the market
54 .Finance and economic opportunity
55 .Finance, financial sector policies, and long-run growth
56 .Formal versus informal finance : evidence from China
57 .The World Bank economic review 22 (3)
58 .Firm innovation in emerging markets : the roles of governance and finance
59 .Banking services for everyone ? Barriers to bank access and use around the world
60 .Deposit insurance design and implementation : policy lessons from research and practice
61 .Do workers' remittances promote financial development ?
62 .Banking on the principles : compliance with Basel Core Principles and bank soundness
63 .Finance and economic development : policy choices for developing countries
64 .What determines protection of property rights ? An analysis of direct and indirect effects
65 .Determinants of deposit-insurance adoption and design
66 .Financial performance and outreach : a global analysis of leading microbanks
67 .How important are financing constraints ? The role of finance in the business environment
68 .Reaching out : access to and use of banking services across countries
69 .Cross-country empirical studies of systemic bank distress : a survey
70 .How well do institutional theories explain firms' perceptions of property rights?
71 .Deposit insurance around the world : a comprehensive database
72 .Finance, firm size, and growth
73 .Finance, inequality, and poverty: cross-country evidence
74 .Business Environment and the Incorporation Decision
75 .The determinants of financing obstacles
76 .Law and firms' access to finance
77 .Small and medium enterprises, growth, and poverty : cross-country evidence
78 .Small and medium enterprises across the globe : a new database
79 .Bank concentration and crises
80 .Bank supervision and corporate finance
81 .The impact of bank regulations, concentration, and institutions on bank margins
82 .Bank competition, financing obstacles, and access to credit
83 .Financial and legal institutions and firm size
84 .World development report 2002 : building institutions for markets
85 .Law and finance : why does legal origin matter?
86 .Financial and legal constraints to firm growth - Does size matter?
87 .Informe sobre el desarrollo mundial 2002 : instituciones para los mercados
88 .Rapport sur le developpement dans le monde 2002 : des institutions pour les marches
89 .Firms as financial intermediaries - evidence from trade credit data
90 .World development report 2002 - building institutions for markets
91 .Deposit insurance around the globe : where does it work?
92 .World development report 2002 : building institutions for markets
93 .World development report 2002 : building institutions for markets
94 .World development report 2002 : building institutions for markets - overview
95 .World development report 2002 : building institutions for markets
96 .World development report 2002 : building institutions for markets - overview
97 .Law, politics, and finance
98 .The World Bank economic review 15 (3)
99 .Financial structure and bank profitability
100 .Financial structure and economic development - firm, industry, and country evidence


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