Stagnating Financial Systems Hamper the Road to Recovery

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  • World Economic Forum Financial Development Report 2012 shows that financial systems across the world are stalling
  • Hong Kong tops the Financial Development Index; top six economies remain the same as last year’s rankings. Japan and Switzerland each moved up one spot to 7th and 8th position respectively
  • The Report analyses 62 financial systems and capital markets around the world
  • The Report, rankings (PDF and Excel) and country highlights can be downloaded at: http://www.weforum.org/issues/financial-development

Geneva, Switzerland, 31 October 2012 – Financial systems across the world are stagnating, leading to challenges for a global economic recovery, according to the fifth edition of the World Economic Forum’s Financial Development Report 2012 released today.