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China has made significant progress in financial inclusion. High levels of account penetration, savings, and usage of … bankcard programs. Account penetration in China is quite high, with estimates ranging from over 80 to 90 percent, which …
Persistent link: https://www.econbiz.de/10012645374
United States (32.39) and China (24.03). In addition, usage of accounts and other financial services remains low among the …
Persistent link: https://www.econbiz.de/10012644834
Diversification of the GCC economies, supported by greater openness to trade and higher foreign investment, can have a …
Persistent link: https://www.econbiz.de/10014408471
volatility. Greater economic diversification would unlock job-creating growth, increase resilience to oil price volatility and … key prerequisites for economic diversification …
Persistent link: https://www.econbiz.de/10014408617
Diversification and structural transformation play important roles in influencing the macroeconomic performance of low … a country's production and export structure. This can include diversification into new products and trading partners as …
Persistent link: https://www.econbiz.de/10014410661
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State-owned financial institutions fall into three main groups: commercial banks, hybrid banks, and development institutions. The larger state-owned commercial banks/ groups include Sberbank, the VTB Bank group, and Gazprombank. Like private commercial banks, these institutions do not have a...
Persistent link: https://www.econbiz.de/10012644837
Rapid advances in financial technology are transforming the economic and financial landscape, offering wide-ranging opportunities while raising potential risks. Fintech can support potential growth and poverty reduction by strengthening financial development, inclusion, and efficiency-but it may...
Persistent link: https://www.econbiz.de/10014408463
This note addresses key issues with respect to trade policy in financial services and its linkages to capital flows, and prudential regulations and supervision under the General Agreement on Trade in Services (GATS), preferential trade agreements (PTAs), and bilateral investment treaties (BITs)....
Persistent link: https://www.econbiz.de/10014410289
The Handbook on Measuring Digital Trade sets out a conceptual and measurement framework for digital trade which aligns with the broader standards for macro-economic statistics. It aims to help statistical compilers to address policymakers' needs for statistical evidence on digital trade. It...
Persistent link: https://www.econbiz.de/10014435647