The joint World Bank - International Monetary Fund (IMF) financial sector assessment program (FSAP) of 2018 recommended for the Banco Central do Brasil (BCB) to pursue full interoperability of automated teller machine (ATM) networks in Brazil. Following the FSAP and the policy dialogue with BCB,...

One important barrier to insurance markets that are more inclusive is the necessity to better understand the needs of low-income and other un- and underserved populations. These people are not currently clients of insurers and are difficult for insurers to reach through normal operations. As a...

COVID-19 created a dynamic shock to the international tourism industry, with the related health concerns and travel restrictions impacting travelers' perceptions of risk. Among the most affected economies were Small Island Developing States (SIDS), which are highly dependent on tourism receipts,...

Bangladesh has maintained its robust growth performance. Exports and remittances have been buoyant. Agriculture had bumper harvests. Overall inflation has slowed as decelerating food inflation offset a pickup in non-food inflation. Monetary expansion has been short of target as private sector...