Financial development is crucial for economic growth, poverty reduction, reducing inequality, and a number of other important social outcomes. Caribbean countries have historically lagged in a number of related areas, and our new chapter in Economic Institutions for a Resilient Caribbean—entitled: Financial Development in the Caribbean—focuses on how countries in the region … [Read more...] about What can Caribbean countries do to accelerate financial development?
Thorsten Beck
Thorsten Beck is currently professor of banking and finance at The Business School (formerly Cass) in London. He is also Director of the Florence School of Banking and Finance and will take up a Chair of Financial Stability at the European University Institute in September 2021. He is a research fellow of the Centre for Economic Policy Research (CEPR) and the CESifo. He was professor of economics from 2008 to 2014 and the founding chair of the European Banking Center from 2008 to 2013 at Tilburg University. Previously he worked in the research department of the World Bank from 1997 to 2008 and, over the past 12 years, has worked as consultant for—among others—the European Central Bank, the Bank of England, the BIS, the IMF, the Inter-American Development Bank, the Asian Development Bank, the European Commission, and the German Development Corporation. His research, academic publications and policy work have focused on two major questions: What is the relationship between finance and economic development? What policies are needed to build a sound and effective financial system? In addition to numerous academic publications in leading economics and finance journals, he has co-authored several policy reports on access to finance, financial systems in Africa and cross-border banking and he has research and policy experience across a large number of countries across the world. He holds a PhD from the University of Virginia and an MA from the University of Tübingen in Germany.