The Evolving Importance of Banks and Securities Markets

The Evolving Importance of Banks and Securities Markets

This paper examines the evolving importance of banks and securities markets during the process of economic development. As economies develop, they increase their demand for the services provided by securities markets relative to those provided by b...

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Bibliographic Details
Main Authors: Demirguc-Kunt, Asli, Feyen, Erik, Levine, Ross
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
ACCOUNTING
BANK CREDIT
BANK REGULATION
BANKING SYSTEM
BENCHMARK
BENCHMARKS
BOND MARKET
BOND MARKET CAPITALIZATION
CAPITAL ACCUMULATION
CAPITAL MARKETS
CAPITALIZATION
CENTRAL BANKS
COMMON LAW
COMPARATIVE ADVANTAGE
COMPARATIVE ANALYSES
CREDIT DEPOSIT
CREDIT INCREASES
CREDITS
DEBT
DECENTRALIZED MARKETS
DEPOSIT
DEPOSIT MONEY BANK
DEVELOPMENT POLICY
DIVERSIFICATION
DOMESTIC BOND
DOMESTIC BOND MARKETS
DUMMY VARIABLES
ECONOMIC ACTIVITY
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC OUTCOMES
ECONOMIC STRUCTURE
ECONOMIC THEORY
EMERGING MARKETS
ENDOWMENTS
EQUITY MARKETS
EXPORTS
FEDERAL RESERVE
FEDERAL RESERVE BANK
FINANCIAL DEVELOPMENT
FINANCIAL INSTITUTIONS
FINANCIAL INTERMEDIATION
FINANCIAL MARKETS
FINANCIAL SECTOR
FINANCIAL SERVICES
FINANCIAL STRUCTURE
FINANCIAL STRUCTURES
FINANCIAL STUDIES
FINANCIAL SYSTEM
FINANCIAL SYSTEMS
GDP
GDP PER CAPITA
GROSS DOMESTIC PRODUCT
HOUSEHOLDS
INCOME
INFLATION
INFLATION RATE
INTANGIBLE
INTERNATIONAL BANK
INTERNATIONAL DEVELOPMENT
MARKET LIQUIDITY
MARKET TRANSACTIONS
MARKET VALUE
MERCHANDISE
MERCHANDISE EXPORTS
NATIONAL ECONOMIES
NATURAL RESOURCES
POLITICAL ECONOMY
PRIVATE BOND
PRIVATE CREDIT
PUBLIC ENTERPRISES
REAL GDP
RETURN
RETURNS
SAVINGS
SECURITIES
SECURITIES MARKET
SECURITIES MARKET DEVELOPMENT
SECURITIES MARKETS
STOCK EXCHANGES
STOCK MARKET
STOCK MARKET CAPITALIZATION
STOCK MARKET DEVELOPMENT
STOCK MARKETS
SYNCHRONOUS STOCK PRICE MOVEMENTS
TRADING
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_20111013154944
http://hdl.handle.net/10986/3611

Internet

http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111013154944
http://hdl.handle.net/10986/3611

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