Banks play an important role as financial intermediaries in an economy. The recent financial crisis has demonstrated the negative effects of an unstable banking sector on the real economy. To maintain stability, various regulations exist regarding banks’ activities on both the asset and the liability side. The DICE database contains data on bank regulation and supervision, as well as other institutional information and outcomes of the banking sector.
- 1. Financial Access 12
- 2. Bank Services 12
- 3. Bank Regulation and Legal Framework 44
- 4. Bank Supervision 15
- 5. Deposit Insurance 13
- 6. Responses to the Financial Crisis 30
- 7. Monetary Policy 11
- 8. Comparative Statistics 24
Firms may try to gain market power to extract rents. Policy-makers seek to avoid this by implementing antitrust measures to prevent dominance and merger control. However, governments sometimes need to borrow money from banks themselves and establish rules for procurement. The DICE database covers information about all these aspects of competition policy.
Company operations are influenced on a daily basis by institutional arrangements. Such arrangements can, in turn, sometimes impose significant costs on firms. The DICE field Business Environment provides details of various institutional arrangements including regulation of conduct, entry and exit, identity and accounting information, performance and institutions particularly relevant for small- and medium-size enterprises.
- Conduct Regulations 13
- Corporate Governance 9
- Entry Regulations 16
- Exit Regulations 9
- Identity and Accounting Information 10
- Performance 13
- Small & Medium Enterprises 9
The allocation of capital via financial markets is a crucial determinant of economic growth. To fulfill this welfare-enhancing role, financial markets are framed by an institutional set of rules governing, for example, interactions between market participants. The DICE database contains information on the regulation of financial markets and financial products and on outcomes related to a country’s financial sector.