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Consumer protection is an important element of financial sector stabilization and development agenda in Azerbaijan. The falling oil prices and weaker macroeconomic fundamentals on top of the negative external shocks have led to devaluation of the national currency and erosion of public trust in...
Persistent link: https://www.econbiz.de/10012644537
In response to a request of the Bangko Sentral ng Pilipinas (BSP) and as part of a broader engagement on enhancing financial consumer protection and education in the Philippines, the World Bank has implemented a financial capability survey. Financial inclusion, financial literacy and consumer...
Persistent link: https://www.econbiz.de/10012644841
Financial inclusion in Zambia has nearly doubled in the last ten years - from 21.3 percent in 2005 to 40.2 percent in 2016. This success was made possible by Zambia's Financial Sector Development Plan that concluded in 2015. And yet, when compared to other lower-middle income countries, Zambia...
Persistent link: https://www.econbiz.de/10012645056
Financial sector authorities increasingly prioritize financial inclusion and financial consumer protection, alongside existing priorities of stability and integrity. An enabling environment that facilitates competition, promotes innovation and the use of technology, addresses risks in a...
Persistent link: https://www.econbiz.de/10012645196
China has achieved remarkable success in financial inclusion. China's rate of account ownership - a basic metric of financial inclusion - has increased significantly in the past two decades and is now on par with that of other G-20 countries. Traditional financial service providers have...
Persistent link: https://www.econbiz.de/10012645331
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 cash withdrawal points), innovations by non-bank...
Persistent link: https://www.econbiz.de/10012645374
Welcome to the June 2018 edition of the World Bank's Madagascar Economic Update, which reports on recent economic developments and presents our medium-term outlook. A special section of this Economic Update focuses on Financial Inclusion
Persistent link: https://www.econbiz.de/10012645415
Economic policymakers in developing countries across the world are focusing on expanding financial inclusion. This agenda assumes greater significance for countries like Pakistan, where financial inclusion levels are quite low. It has led to several policy interventions in Pakistan over the past...
Persistent link: https://www.econbiz.de/10012645941
This report is intended to support digital financial services (DFS) policymakers in emerging markets and developing economies (EMDEs) and regulators endeavors, by providing a structured approach for the analysis of DFS and financial inclusion. It provides examples of how countries are...
Persistent link: https://www.econbiz.de/10012646000
The report discusses key policy issues that enable and constrain digital savings market development and offers policy considerations within the context of the G20's High-Level Principles for Digital Financial Inclusion. Based on current market observations, three policy considerations seem most...
Persistent link: https://www.econbiz.de/10012646039