This note examines the implications of digital innovation for market structure and attendant policies, including financial and competition regulation. There have been several surveys of regulatory responses. This note takes a step back, to look at what the economic theory of banking and...

Vietnam is a young country on the cusp of a dramatic aging of the population that is taking place at a faster pace and at an earlier level of development than most other countries in the world. Though Vietnam's favorable demographic window of opportunity is still open, this report argues it...

The report provides recent macroeconomic developments, outlook, and risks that Mongolia faces. The timing of the release of this report is ideal considering that, the Mongolian economy, which was recovering from the COVID-19 on the back of a successful vaccination program and income support,...

Bangladesh is home to one of the largest populations of older adults in the world. Driven by increasing life expectancy at birth, this population is increasing. By 2040,one in five Bangladeshis will be 60 years old or older. The increase in lifespan isaccompanied by a greater burden of...

Developments in the Rwandan economy as of the first half of 2017 have been mixed. On the upside, Rwanda's external imbalances have eased on account of improvements in global commodity prices, global and regional strengthening of growth recovery, and the external adjustment the government...

Developments in the second half of 2017 indicate that the slowdown in Mozambique's economic performance may be taking hold, shifting this once fast-growing economy to a more modest pace of growth. GDP growth is expected to dip to 3.1 percent in 2017, despite substantial increases in coal and...