Banking

  • How to Bring Financial Services to the Poor: Go Digital

    How to Bring Financial Services to the Poor: Go Digital

    Most of us in the developed world don’t think twice about how we conduct our financial lives. Our paychecks appear automatically in our checking accounts; bills are paid with the tap of a few keys;…

  • The New World Bank Strategy Must Take Risk and Uncertainty into Account

    The New World Bank Strategy Must Take Risk and Uncertainty into Account

    While effective risk management is essential for development, countries and institutions tend to ignore risks and uncertainty when planning ahead. A recent blog from Norman Loayza discusses the importance of strengthening the integrated assessment of…

  • Finance, Growth, and Fragility: What Role for Government?

    Finance, Growth, and Fragility: What Role for Government?

    When I was invited to give the Maxwell Fry Global Finance Lecture in Birmingham last year, I decided to stay in the tradition of Maxwell Fry (1988) and focus on the role of government in…

  • Will hard cash go the way of the compact disk?

    Will hard cash go the way of the compact disk?

    Hard cash certainly has its drawbacks. Poor people mired in a cash economy find it difficult, in times of need, to support or seek support from distant relatives and friends. The size of the market…

  • Global Financial Development Report 2014

    Global Financial Development Report 2014

    Today, the World Bank Group is issuing Global Financial Development Report 2014: Financial Inclusion. The report is the second in a new series on global financial development. It follows up on last year’s inaugural issue,…

  • What financial products do Muslim adults want?

    What financial products do Muslim adults want?

    “Islamic finance” is a phrase that you hear a lot in development circles these days. Indeed, many policymakers are interested in the potential of Sharia-compliant financial services to expand financial inclusion among Muslims adults. Our…

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