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  | 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 | 
| Financial Development and Structure database (updated: May 2009) This is a new database of indicators of financial development and structure across countries 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. |  |  Remittances and banking sector development, credit constraints in Mexico, long-term debt markets in emerging economies, hedge funds and the crisis, and much more ....Website |  | Upcoming conference on "Entrepreneurship and Growth" will explore government regulations and reforms, private sector initiatives, and financial sector developments that affect the creation of new firms, the average size of firms, and the dynamism of incumbent firms on November 19-20, 2009. Agenda |
For more information, contact Asli Demirgüç-Kunt |