Financial Development Index

Surely you have heard of Financial Development Index on more than one occasion, since its relevance and impact in different areas has made it a topic of general interest. Since its emergence, Financial Development Index has captured the attention of researchers, professionals and enthusiasts, who constantly seek to learn more about its origins, evolution and effects. In this article, we will thoroughly explore everything related to Financial Development Index, from its background to its current status, with the goal of better understanding its influence and reach in our society.

The World Economic Forum publishes a Financial Development Index annually, which measures and analyses the factors enabling the development of financial systems among different economies. It provides a comprehensive means for economies to benchmark various aspects of their financial systems.

First published in 2008, the Financial Development Index was developed by the World Economic Forum in collaboration with the academics, international organizations and business leaders.

Financial Development Index 2010

The following is a ranking of the top ten:

  1.  Hong Kong
  2.  United States
  3.  United Kingdom
  4.  Singapore
  5.  Australia
  6.  Canada
  7.  Japan
  8.   Switzerland
  9.  South Korea
  10.  Netherlands

References

  1. ^ "Financial development index". The Economist. 11 September 2008. Retrieved 8 September 2015.
  2. ^ "The Financial Development Report 2012" (PDF). 29 October 2012. Archived from the original (PDF) on February 16, 2017. Retrieved 2014-06-05.