Showing 1 - 10 of 355
Government debt has risen substantially in emerging market and developing economies (EMDEs) since the global financial crisis. The current environment of low global interest rates and weak growth may appear to mitigate concerns about elevated debt levels. Considering currently subdued...
Persistent link: https://www.econbiz.de/10012229772
The Philippines has made an impressive progress in consumer protection in the banking sector, as shown by the wide … services. The 2013 Global Survey on Financial Consumer Protection indicated that the Philippines compares well with the other … access to financial services, their usage and quality, and further deepen the financial sector, the Philippines has to design …
Persistent link: https://www.econbiz.de/10012248506
The Philippines has made an impressive progress in consumer protection in the banking sector, as shown by the wide … services. The 2013 Global Survey on Financial Consumer Protection indicated that the Philippines compares well with the other … access to financial services, their usage and quality, and further deepen the financial sector, the Philippines has to design …
Persistent link: https://www.econbiz.de/10012248508
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
India and the Philippines. This paper examines the implications of services development for the export performance of …
Persistent link: https://www.econbiz.de/10011874994
This paper examines the state of reverse mortgage markets in selected countries around the world and considers the potential benefits and risks of these products from a financial inclusion and economic benefit standpoint. Despite potentially increasing demand from aging societies - combined with...
Persistent link: https://www.econbiz.de/10012228685
In the last three years, household debt has risen by a third as disposable income declined. Declining interest rates, ease of access to credit for consumers and poorly regulated microfinance lending practices led to fast growth in consumer debt. Consumer lending in the banking and microfinance...
Persistent link: https://www.econbiz.de/10012646968
The quest for status is a powerful motivator, but does it affect inequality? This paper presents a novel lab experiment that was designed and conducted to identify the relationship between inequality, status signaling, debt, and conspicuous consumption. It reports three main findings: First,...
Persistent link: https://www.econbiz.de/10012297516
This paper presents a comprehensive cross-country database of fiscal space, broadly defined as the availability of budgetary resources for a government to service its financial obligations. The database covers up to 200 countries over the period 1990-2016, and includes 28 indicators of fiscal...
Persistent link: https://www.econbiz.de/10012245802
This paper presents a systematic analysis of the availability and use of fiscal space in emerging and developing economies. These economies built fiscal space in the run-up to the Great Recession of 2008-09, which was then used for stimulus. This reflects a more general trend over the past three...
Persistent link: https://www.econbiz.de/10012245832