This is about Financial Market Development.
The Global Competitiveness Index (8th pillar: financial market development) in detail (2015-2016):
- Availability of financial services …………………………. 2.8 ……….138
- Affordability of financial services ……………………….. 3.0 ……….135
- Financing through local equity market ……………….. 2.1 ……….135
- Ease of access to loans ………………………………….. 1.4 ……….140
- Venture capital availability ………………………………… 1.8 ……….139
- Soundness of banks ………………………………………. 3.4 ……….130
- Regulation of securities exchanges …………………… 2.4 ……….137
- Legal rights index, 0–12 (best)* …………………………… 2 ……….106
Reference
http://www3.weforum.org/docs/gcr/2015-2016/Global_Competitiveness_Report_2015-2016.pdf