Global Financial Development Report 2014

Financial Inclusion

Business & Finance, Economics, Economic Development, International, Finance & Investing, Finance
Cover of the book Global Financial Development Report 2014 by World Bank Group, World Bank Publications
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: World Bank Group ISBN: 9780821399903
Publisher: World Bank Publications Publication: November 1, 2013
Imprint: Language: English
Author: World Bank Group
ISBN: 9780821399903
Publisher: World Bank Publications
Publication: November 1, 2013
Imprint:
Language: English
Financial inclusion has become a major subject of interest among policymakers, researchers, and other financial sector stakeholders. Many countries, for example, have recently adopted explicit financial inclusion strategies with targets for financial inclusion. The interest reflects an increased recognition that financial inclusion can be a driver of economic growth and poverty alleviation, and that many individuals and firms are excluded unnecessarily from even basic financial services. About half of the world’s adult population- more than 2.5 billion people-have no bank account is one powerful example. Barriers such as cost, travel distance, and amount of paperwork and requirements play an important role. Many of these barriers can be addressed by better policies. Despite the high interest, there are still important gaps in knowledge about financial inclusion, what drives it, and what policies affect it. And while recent years have seen some increases in financial inclusion, there is still much scope to reduce barriers to access. However, one of the challenges is that efforts to increase inclusion, if not implemented well, can backfire. Deeply ingrained social problems cannot be resolved purely with an infusion of debt. If not done properly, it can have the opposite effect, making poor borrowers increasingly dependent on debt, and even contributing to financial instability. Global Financial Development Report 2014: Financial Inclusion is a new report from the World Bank Group. It takes a step back and re-examines financial inclusion from the perspective of new global datasets and new evidence. It builds on a critical mass of new research and operational work produced by World Bank Group staff as well as outside researchers and contributors. The report, the second in this series, follows up on the inaugural issue, the Global Financial Development Report 2013: Rethinking the Role of the State in Finance (http://www.worldbank.org/financialdevelopment). Accompanying the Global Financial Development Report 2014 is a vast body of underlying research and data. Among other things, this includes an expanded and updated version of the Global Financial Development Database, a dataset of over 70 financial system characteristics for 203 economies from 1960 to 2011, which is presented in the report’s appendix.
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Financial inclusion has become a major subject of interest among policymakers, researchers, and other financial sector stakeholders. Many countries, for example, have recently adopted explicit financial inclusion strategies with targets for financial inclusion. The interest reflects an increased recognition that financial inclusion can be a driver of economic growth and poverty alleviation, and that many individuals and firms are excluded unnecessarily from even basic financial services. About half of the world’s adult population- more than 2.5 billion people-have no bank account is one powerful example. Barriers such as cost, travel distance, and amount of paperwork and requirements play an important role. Many of these barriers can be addressed by better policies. Despite the high interest, there are still important gaps in knowledge about financial inclusion, what drives it, and what policies affect it. And while recent years have seen some increases in financial inclusion, there is still much scope to reduce barriers to access. However, one of the challenges is that efforts to increase inclusion, if not implemented well, can backfire. Deeply ingrained social problems cannot be resolved purely with an infusion of debt. If not done properly, it can have the opposite effect, making poor borrowers increasingly dependent on debt, and even contributing to financial instability. Global Financial Development Report 2014: Financial Inclusion is a new report from the World Bank Group. It takes a step back and re-examines financial inclusion from the perspective of new global datasets and new evidence. It builds on a critical mass of new research and operational work produced by World Bank Group staff as well as outside researchers and contributors. The report, the second in this series, follows up on the inaugural issue, the Global Financial Development Report 2013: Rethinking the Role of the State in Finance (http://www.worldbank.org/financialdevelopment). Accompanying the Global Financial Development Report 2014 is a vast body of underlying research and data. Among other things, this includes an expanded and updated version of the Global Financial Development Database, a dataset of over 70 financial system characteristics for 203 economies from 1960 to 2011, which is presented in the report’s appendix.

More books from World Bank Publications

Cover of the book Oil, Gas, and Mining by World Bank Group
Cover of the book Opening the Black Box by World Bank Group
Cover of the book Back to Work by World Bank Group
Cover of the book Global Economic Prospects, June 2018 by World Bank Group
Cover of the book Work and Family by World Bank Group
Cover of the book Sustainable Low-Carbon City Development in China by World Bank Group
Cover of the book Beyond Commodities by World Bank Group
Cover of the book Disease Control Priorities, Third Edition (Volume 6) by World Bank Group
Cover of the book The Right Skills for the Job?: Rethinking Training Policies for Workers by World Bank Group
Cover of the book The World Bank Legal Review, Volume 7 Financing and Implementing the Post-2015 Development Agenda by World Bank Group
Cover of the book Cashing in on Education by World Bank Group
Cover of the book Structural Transformation and Rural Change Revisited: Challenges for Late Developing Countries in a Globalizing World by World Bank Group
Cover of the book Disease Control Priorities, Third Edition (Volume 3) by World Bank Group
Cover of the book Global Report on Islamic Finance 2016 by World Bank Group
Cover of the book Global Financial Development Report 2015/2016 by World Bank Group
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy