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United States (32.39) and China (24.03). In addition, usage of accounts and other financial services remains low among the … segments of the population, and there appear to be gaps in terms of both the availability and usage of appropriate savings … levels of trust in the formal financial sector among the Russian population, in particular for microfinance institutions …
Persistent link: https://www.econbiz.de/10012644834
China has made significant progress in financial inclusion. High levels of account penetration, savings, and usage of … payments services have been achieved, largely due to extensive branches and access points (particularly a vast network of rural …
Persistent link: https://www.econbiz.de/10012645374
This 2013 Article IV Consultation highlights that high oil prices and increased production have enabled the government in Kuwait to continue to record high fiscal and external surpluses and build strong buffers. Overall real non-oil GDP growth is projected to increase modestly to 3 percent in...
Persistent link: https://www.econbiz.de/10011244802
This paper presents key discussions of Cameroon’s 2013 Article IV Consultation. Economic activity in Cameroon has continued to recover gradually from the global financial crisis in 2008–2009, and inflation has remained subdued. In light of growing vulnerabilities, the report...
Persistent link: https://www.econbiz.de/10011245394
This paper discusses the findings of the assessments on Basel Core Principles for Effective Banking Supervision in India. The Reserve Bank of India is to be commended for its tightly controlled regulatory and supervisory regime, consisting of higher than minimum capital requirements; frequent,...
Persistent link: https://www.econbiz.de/10011242502
Persistent link: https://www.econbiz.de/10009424875
Many governments and nongovernmental organizations have adopted policies to promote the growth of microfinance …
Persistent link: https://www.econbiz.de/10014399642
cointegration approach. It finds that labor flows, and notably flows from outside the labor market, are important determinants of …
Persistent link: https://www.econbiz.de/10014401436
This paper presents an overview of the different methodologies that can be used to measure the amount of available slack in an economy. A comparison of these alternatives reveals that the evolution of the Nairu is crucial for understanding recent cyclical developments in the French economy. A...
Persistent link: https://www.econbiz.de/10014403325
This Selected Issues paper reviews the extent to which growth in Ethiopia has translated into higher living standards. A key feature of the economic strategy has been an explicit commitment to poverty reduction and structural transformation. This is underpinned by the vision of a...
Persistent link: https://www.econbiz.de/10011244172