Financial System Trends in Developing Economies

By:

The World Bank

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Paperback / softback

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Availability

This product will be released on 1st May, 2024

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It should arrive:

8-15 May using International Courier

Description

A well-functioning financial sector is a prime enabler of private-led, inclusive, and green economic growth. Countries with stable, deeper, more developed financial systems enjoy higher economic growth and larger reductions in poverty and income inequality. Progress on access to and usage of financial services has increased opportunities and resilience for the poor, particularly women. Going forward, the financial sector will also need to play a vital role in mobilizing private capital as financing gaps to address global challenges of climate change, conflict, and pandemics. ?The development objective of the report is to provide intellectual leadership and shape the global discussion on the unique and evolving challenges facing financial sectors in low-income countries and middle-income countries by providing evidence-based analysis and tailored, practical policy recommendations.

Author Biography:

The World Bank came into formal existence in 1945 following the international ratification of the Bretton Woods agreements. It is a vital source of financial and technical assistance to developing countries around the world. The organization's activities are focused on education, health, agriculture and rural development, environmental protection, establishing and enforcing regulations, infrastructure development, governance and legal institutions development. The World Bank is made up of two unique development institutions owned by its 185 Member Countries. The International Bank for Reconstruction and Development (IBRD) focuses on middle income and creditworthy poor countries and the International Development Association (IDA), which focuses on the poorest countries in the world.

Release date Australia

May 1st, 2024

Author