Showing 1 - 10 of 783
This paper studies the relationship between the level of economic development and the incidence of three forms of payments across countries, namely the incidence of bank accounts, digital payments, and mobile money accounts among the adult populations across countries. It presents simple...
Persistent link: https://www.econbiz.de/10012228183
This report aims at assisting Maldives Monetary Authority (MMA) to establish an effective oversight framework to monitor the different payment and settlement systems, payment instruments and payment service providers in the Maldives. The framework for oversight is based on the Bank for...
Persistent link: https://www.econbiz.de/10012646629
In developing countries, younger and better-educated cohorts are entering the workforce. This developing world … of the world population. The findings under alternative assumptions suggest that global income inequality will likely …
Persistent link: https://www.econbiz.de/10012245948
This paper examines the role of monetary policy in fossil fuel exporters at different horizons. The main argument is that central banks in these economies need to look beyond the horizon of the business cycle. In the short run, (independent) monetary policy should flexibly target inflation. In...
Persistent link: https://www.econbiz.de/10012051876
World Bank Group President David Malpass spoke of the steps the Group is taking to provide unprecedented financing to … credit on May 1, 2020. He highlighted about how the IMF Managing Director and World Bank championed the debt initiative, and …
Persistent link: https://www.econbiz.de/10012647086
This note builds on previous collaboration between the World Bank Group and UNICEF to estimate the global extent of … child poverty. We estimate that in 2017, 17.5 percent of children in the world (or 356 million) younger than 18 years lived … the official World Bank poverty estimates. Because the estimates pertain to 2017, they do not consider the adverse …
Persistent link: https://www.econbiz.de/10012647602
World Bank Group President David Malpass spoke about the recession in advanced economies that is less severe than had … been feared, but in most developing economies, it has become a depression, especially for the poorest. The World Bank Group …) defers payments into the future but doesn't reduce them. The World Bank Group Board approved a package of up to twelve …
Persistent link: https://www.econbiz.de/10012647630
World Bank Group President David Malpass said that while some countries are recovering, the pandemic is still taking a … vaccine purchases and delivery. He also mentioned that the World Bank is already at work in cooperation with WHO, UNICEF, the … World Bank's engagement with them. Under his Presidency, the World Bank Group has invested more in climate finance than at …
Persistent link: https://www.econbiz.de/10012647702
This paper uses loan-level data from 124 countries over 1995-2015 to examine the transmission of monetary policy through the cross-border syndicated loan market. The results show that the expansion of monetary policy increases cross-border credit supply especially to weaker firms. However,...
Persistent link: https://www.econbiz.de/10012246509
Unprecedented monetary policy accommodation in advanced economies and a large, coordinated fiscal stimulus by G20 countries helped to support a solid rebound in global output right after the 2009 Global Recession. However, global growth subsequently slowed to a sluggish pace by pre-recession...
Persistent link: https://www.econbiz.de/10012257017