The Global Financial Inclusion Indicators: An Important Step towards...
How inclusive are financial systems around the world? What proportion of the population uses which financial services? Despite all the work we have done so far, most of the figures cited by experts in...
View ArticleNick Kristof on microfinance, banking access and a way out of poverty
In today’s New York Times, Nicholas Kristof gives the example of a family in Malawi that improved their lives as the result of a village savings group. We know that access to banks, cooperatives, and...
View ArticleFinancial Inclusion for Financial Stability: Improving Access to Deposits and...
From 2006 to 2009, growth of bank deposits dropped by over 12 percentage points globally. The most affected by the 2008 global crisis were upper middle income countries that experienced a drop of 15...
View ArticleInternational Remittances and Financial Inclusion in Sub-Saharan Africa
Remittances to Sub-Saharan Africa (SSA) have increased steadily in recent decades and are estimated to have reached about $32 billion in 2013. Though studies have shown that remittances can affect...
View ArticleThe 2014 Global Findex
I’m thrilled to announce the April 15 launch of the 2014 Global Findex database, the world’s most comprehensive gauge of global financial inclusion. Drawing on interviews with almost 150,000 adults in...
View ArticleUpdated Global Findex: 62% of adults have an account; 2 billion still unbanked
Today we release our new research paper and the 2014 Global Findex dataset, an updated edition of the world’s most comprehensive gauge of global progress on financial inclusion. It’s based on...
View ArticleHouseholds’ use of long-term finance
This post is part of a series highlighting the key findings of the Global Financial Development Report 2015 | 2016: Long-Term Finance. You can view the entire series at gfdr2015. The second part of...
View ArticleLaunching the 2014 Global Findex microdata
I am pleased to announce the release of the 2014 Global Findex microdata, which includes individual-level responses from almost 150,000 adults around the world. You can download it all here. Drawing...
View ArticleAccess to finance and job growth
The recent global financial crisis has highlighted the impact of credit markets on the real economy, in particular on employment. While an extensive literature exists on how finance can affect...
View ArticleMoving toward financial inclusion in East Asia and the Pacific
Surging account ownership among the poor. The highest rate of account ownership among women in developing countries. Widespread formal saving. Those are some of the key financial inclusion trends in...
View ArticleThe Nexus of financial inclusion and stability: Implications for holistic...
Both financial inclusion and financial stability are high on international policy makers’ agenda. For instance, the G-20 has called for global commitments to both advancing financial inclusion (the...
View ArticleWhat do we know about the link between financial inclusion and inclusive growth?
Adults around the world and in all income groups use a variety of financial services, ranging from digital payments and savings accounts to loans and insurance. Many low-income adults, however, rely...
View ArticleA call to Turkey to close the financial gender gap
Also available in: Español | Français Financial inclusion is on the rise globally. The third edition of the Global Findex data released last week shows that worldwide 1.2 billion adults have obtained...
View ArticleFinancial inclusion for Asia's unbanked
Asian economies are well positioned for robust growth — with GDPs expected to rise by an average of 6.3% in each of the next two years. Emerging markets in Asia are also the best performers in...
View Article3 Ways to advance usage and drive impact in financial inclusion
Unprecedented technological advancements and corresponding innovations in business models have helped financial inclusion evolve beyond merely connecting people to a bank account. It is, for instance,...
View ArticleFinancial inclusion in Europe and Central Asia — the way forward?
If you are unbanked there is a high likelihood you are living on the edge of poverty, exclusion and vulnerability. If you struggle to attain or maintain a secure, well-paying job, you probably do not...
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