Financial Development in 205 Economies, 1960 to 2010

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The role of financial development in poverty reduction (2017, background): “A World Bank study by Cihak et al. (2013) categorises financial development into four components to measure the characteristics of the financial system.”
Financial Stability and Economic Performance (2015, background): “Consistently with the Z-score’s limits evoked by Cihak et al. (2013), we do not find that this variable affects economic performance.”
The digital revolution in financial inclusion: international development in the fintech era (2017, background): “…financial institutions have perverse incentives to embrace a ‘finance for all at all costs’ approach, the empirical sections of the Report reject any correlation, let alone causality, between FI and financial stability across a large set of high- and low-income countries (see Čihak et al. 2013).”
Economic uncertainty and bank risk: Evidence from emerging economies (2020, unknown): “Moreover, banks are still the predominant part of the financial system and serve as the major funding source in most emerging economies (Cihák et al., 2013).”