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Despite its importance for development, long-term finance is particularly scarce in countries with lower income levels. This not only results in unrealised growth and employment creation at the national level and at the level of individual firms, but also undermines a broader shift towards...
Persistent link: https://www.econbiz.de/10012419634
The demand for digital financial services has risen significantly over recent years. The COVID-19 pandemic has accelerated this trend and since the focus has shifted towards economic recovery, digital lending has become central. Digital credit products exploit traditional and alternative...
Persistent link: https://www.econbiz.de/10012671366
Development finance is at a turning point, as the macroeconomic environment has changed profoundly and the financing gap for low- and middle-income countries has widened. The events that led to this new situation are the multiple crises that the global economy is facing, such as the climate...
Persistent link: https://www.econbiz.de/10014474240