Goran Amidžić; Massara, Alexander; Mialou, André - International Monetary Fund (IMF) - 2014
This paper leverages the IMF’s Financial Access Survey (FAS) database to construct a new composite index of financial … composite index uses factor analysis to derive a weighting methodology whose absence has been the most persistent of the … criticisms of previous indices. Countries are then ranked based on the new composite index, providing an additional analytical …