Europe and Central Asia Economic Update, Spring 2019 : Financial Inclusion

Europe and Central Asia Economic Update, Spring 2019 : Financial Inclusion

Financial services can help drive development by facilitating people’s investments in their health, education, and businesses, and making it easier for people to manage emergencies. There is great variation in financial inclusion in the Europe and Central Asia region. Some countries have seen si...

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Bibliographic Details
Main Author: World Bank
Format: Serial
Language:English
Published: Washington, DC: World Bank 2019
Subjects:
ECONOMIC FORECASTS
GLOBAL VALUE CHAINS
TRADABLE SERVICES
TRADE
TRANSITION
SKILLED LABOR
Online Access:http://hdl.handle.net/10986/31501
id okr-10986-31501
recordtype oai_dc
spelling okr-10986-315012021-05-25T09:22:34Z Europe and Central Asia Economic Update, Spring 2019 : Financial Inclusion World Bank ECONOMIC FORECASTS GLOBAL VALUE CHAINS TRADABLE SERVICES TRADE TRANSITION SKILLED LABOR Financial services can help drive development by facilitating people’s investments in their health, education, and businesses, and making it easier for people to manage emergencies. There is great variation in financial inclusion in the Europe and Central Asia region. Some countries have seen significant growth in account ownership, despite starting from a low base. These experiences underline the potential role of digital payments in driving financial inclusion. But nearly 30 percent of unbanked adults report trust in banks as a barrier, which is nearly double the developing country average. And in some countries, gender gaps in account ownership remain significant. Given the heterogeneity of experiences, there are ample opportunities for countries in the region to learn from each other and contribute to the rich research and operational agenda going forward. 2019-04-03T21:09:51Z 2019-04-03T21:09:51Z 2019-04-05 Serial 978-1-4648-1409-9 http://hdl.handle.net/10986/31501 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication Europe and Central Asia Central Asia Eastern Europe Europe and Central Asia Russian Federation
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ECONOMIC FORECASTS
GLOBAL VALUE CHAINS
TRADABLE SERVICES
TRADE
TRANSITION
SKILLED LABOR
spellingShingle ECONOMIC FORECASTS
GLOBAL VALUE CHAINS
TRADABLE SERVICES
TRADE
TRANSITION
SKILLED LABOR
World Bank
Europe and Central Asia Economic Update, Spring 2019 : Financial Inclusion
geographic_facet Europe and Central Asia
Central Asia
Eastern Europe
Europe and Central Asia
Russian Federation
description Financial services can help drive development by facilitating people’s investments in their health, education, and businesses, and making it easier for people to manage emergencies. There is great variation in financial inclusion in the Europe and Central Asia region. Some countries have seen significant growth in account ownership, despite starting from a low base. These experiences underline the potential role of digital payments in driving financial inclusion. But nearly 30 percent of unbanked adults report trust in banks as a barrier, which is nearly double the developing country average. And in some countries, gender gaps in account ownership remain significant. Given the heterogeneity of experiences, there are ample opportunities for countries in the region to learn from each other and contribute to the rich research and operational agenda going forward.
format Serial
author World Bank
author_facet World Bank
author_sort World Bank
title Europe and Central Asia Economic Update, Spring 2019 : Financial Inclusion
title_short Europe and Central Asia Economic Update, Spring 2019 : Financial Inclusion
title_full Europe and Central Asia Economic Update, Spring 2019 : Financial Inclusion
title_fullStr Europe and Central Asia Economic Update, Spring 2019 : Financial Inclusion
title_full_unstemmed Europe and Central Asia Economic Update, Spring 2019 : Financial Inclusion
title_sort europe and central asia economic update, spring 2019 : financial inclusion
publisher Washington, DC: World Bank
publishDate 2019
url http://hdl.handle.net/10986/31501
_version_ 1764474469708988416

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