Main Content

Business and Financial Markets

Banking and Insurance

Banks play an important role as financial intermediaries within the economic system. The recent financial crisis has highlighted the impact of an unstable banking sector on the real economy. To maintain stability, various regulations exist with respect to banks’ capitalisation and their scope of business. The DICE database contains data on bank regulation, the legal framework and bank supervision, as well as other institutional details and outcomes.

Competition Policy

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.

Enterprise Environment

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.

Financial Markets

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, e.g. with respect to market participants. The DICE database covers institutional arrangements and outcomes in the area of law and corporate governance, corporate finance, asset markets and the stock exchange, and insurance.