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The European Union's Cohesion Policy is its biggest investment instrument. It supports the Europe 2020 strategy of smart, sustainable, and inclusive growth. With a budget of EUROS 351.8 billion for 2014-2020, the Cohesion Policy accounts for around one-third of the EU budget. The Cohesion Policy...
Persistent link: https://www.econbiz.de/10012645362
statistics on the size of public procurement in economies around the world. While data are publicly available for High …-income economies, for the rest of the world, data and studies are scarce. However, public procurement is as important in developing …
Persistent link: https://www.econbiz.de/10012646534
across the world. The survey identified expanded access to finance for firms and individuals and strengthened competition as …
Persistent link: https://www.econbiz.de/10012646626
Policies, institutions, and regulation (PIR) are essential to achieving the Sustainable Development Goals (SDGs … are higher than ever. PIR needs to be strengthened, adjusted, and scaled up to meet the needs of a changing world. The … World Bank has reviewed the experience of various countries with PIR and has documented its insights in a new report. This …
Persistent link: https://www.econbiz.de/10013414082
Over the years, the demand for seamless and inexpensive cross-border payments has grown in parallel with growth in international e-commerce, remittances and tourism. Yet, cross-border payments have not kept pace with the intensive modernization that has characterized domestic payment services...
Persistent link: https://www.econbiz.de/10012817614
In recent years, due to innovations in technology, the concept of digital currency has emerged out of the desire of some private entities to replicate specific properties of cash in the digital space. Digital currencies have been issued in various electronic formats and value propositions, and...
Persistent link: https://www.econbiz.de/10012817615
payments system (NPS) in virtually every country in the world. Recently, the issuance of central bank digital currency (CBDC … CBDC, from design to implementation, and implications for the financial system, including on policy, regulation, and …
Persistent link: https://www.econbiz.de/10012817616
Emerging technology curation series aims to capture and share Korea experience and lessons learned in regard to exploration and adoption of emerging technologies like blockchain, AI, edge-computing, internet of things (IoT), 5G, et cetera Korea blockchain ecosystem is the first of the series and...
Persistent link: https://www.econbiz.de/10014366533
Over the past few years, Microfinance Institutions (MFIs) in Iraq have emerged as credible sources of financing for low-income households and entrepreneurs, both underserved by conventional banks. Microfinance services in Iraq, however, are still nascent and far from meeting their full...
Persistent link: https://www.econbiz.de/10012564389
Fintech is increasingly recognized as a key enabler for financial sectors worldwide, enabling more efficient and competitive financial markets while expanding access to finance for traditionally underserved consumers. A critical challenge for policy makers is to harness the benefits and...
Persistent link: https://www.econbiz.de/10012603731