Martin Čihák is an Advisor in the IMF’s Monetary and Capital Markets Department, where he is involved in the analysis of global capital markets. His work has also covered financial stability assessments and stress testing, financial deepening, financial inclusion, financial sector regulation, and the role of the state in finance. Mr. Čihák has covered these and other topics in a range of articles and publications as well as in numerous IMF and World Bank missions. Between 2011 and 2013, he was at the World Bank Group, leading the Global Financial Development Report. Before joining the IMF in 2000, Mr. Čihák was a chief analyst in a commercial bank, a university lecturer, and a government advisor. He has a PhD in economics and MAs in both economics and law.