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This note documents the experience of several countries that leveraged these tools under the Financial Inclusion Support Framework (FISF) program. FISF is a World Bank Group initiative that aims to accelerate and increase the effectiveness of reforms and other country-led actions to achieve...
Persistent link: https://www.econbiz.de/10012603721
This report presents an analysis conducted by the World Bank to assess macro-fiscal impacts of earthquakes and floods in European Union (EU) Member States (MS), analyze the financial instruments in place to manage this risk and identify any associated funding gaps. The analysis is underpinned by...
Persistent link: https://www.econbiz.de/10012603726
The exit of the United Kingdom from the European Union (Brexit) may have a negative impact on trade and investment flows not just for the UK, but also for the countries with the largest exposure to the UK. The indirect impact of a Brexit-induced recession in the UK -may also be felt in the EU...
Persistent link: https://www.econbiz.de/10012644361
This report reflects significant changes in European Union (EU) corporate financial reporting since 2011. In June 2013, a new accounting directive was adopted, replacing the fourth and seventh directives on company law. A directive amending the 2006 audit directive and a new audit regulation...
Persistent link: https://www.econbiz.de/10012644765
New sources of data, as well as new ways of processing such data, have contributed to an ongoing expansion in the availability of digital financial services (DFS) to served, underserved, and unserved consumers. Such data is being used to design and market customer-centric digital financial...
Persistent link: https://www.econbiz.de/10012645806
China considers innovation be one of the key drivers of its future growth and convergence with more developed countries. It spends more than 2.2 percent of GDP on RandD, above the average for the European Union, is a global leader in domestic patents, and has developed groundbreaking advances in...
Persistent link: https://www.econbiz.de/10012647097
This paper provides an overview of different regulatory approaches to Fintech and provides guidance for policymakers to understand the benefits and limitations of each. While some Fintech activities can often be covered within existing regulatory frameworks, the majority of jurisdictions are...
Persistent link: https://www.econbiz.de/10012647102
The 2007 financial crisis has exposed major weaknesses in global financial systems, including the threat to financial stability posed by banks that were too big, interconnected and complex to be closed or go bankrupt. As a result, many banks have been rescued using public support, allowing for...
Persistent link: https://www.econbiz.de/10012247959
This diagnosis is part of the World Bank's technical assistance to the Haitian authorities regarding financial inclusion and financial sector development. The industrial development fund (FDI), a public instrument under the umbrella of the Bank of the Republic of Haiti (BRH), maintains...
Persistent link: https://www.econbiz.de/10012646815
The agricultural sector plays a critical role in the Zambian economy. The share of the agriculture sector's GDP … financed by the banking sector is among the highest in Africa. Nearly half the population is working in agriculture. Yet less …, driven by the rapid growth in access to mobile money, present a key foundation on which to build. The Zambia Agriculture …
Persistent link: https://www.econbiz.de/10012646896