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Asli Demirguc-Kunt



Asli Demirguc-Kunt, Director of Research 
Asli Demirgüç-Kunt
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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 working papers and publications

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


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