Private Sector Economic Impacts from Identification Systems

Private Sector Economic Impacts from Identification Systems

Identification systems are a core component of sustainable development policies in countries with diverse economic, demographic, and political contexts. The role of digital identification systems in the private sector is equally large. The efficien...

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Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
IDENTIFICATION TECHNOLOGY
IDENTITY SYSTEM
PROOF OF IDENTITY
UNIQUE ID
AUTHENTICATION
BUSINESS ENVIRONMENT
Online Access:http://documents.worldbank.org/curated/en/219201522848336907/Private-Sector-Economic-Impacts-from-Identification-Systems
http://hdl.handle.net/10986/31828
id okr-10986-31828
recordtype oai_dc
spelling okr-10986-318282021-05-25T09:24:26Z Private Sector Economic Impacts from Identification Systems World Bank IDENTIFICATION TECHNOLOGY IDENTITY SYSTEM PROOF OF IDENTITY UNIQUE ID AUTHENTICATION BUSINESS ENVIRONMENT Identification systems are a core component of sustainable development policies in countries with diverse economic, demographic, and political contexts. The role of digital identification systems in the private sector is equally large. The efficient, accurate, and secure use of personal identity data is at the heart of most transactions, regardless of the industry in which they take place. The implementation of robust and inclusive identification systems at the national level offers the potential for large financial gains for private sector companies. As a companion piece to the World Bank’s identification for development (ID4D) work on fiscal savings for government agencies, this paper provides a first step toward developing a greater understanding of the financial benefits of identification systems for the private sector. By developing a framework for cost savings and revenue generation opportunities and aggregating existing case studies, it provides a preliminary assessment of expected benefits of government-backed identification systems for firms across a variety of industries. This paper is therefore intended to serve as a resource for governments and donors looking to gauge the potential impacts of implementing an identification system and for private sector leaders and industry groups to fruitfully engage on identity-related issues. 2019-06-11T19:30:47Z 2019-06-11T19:30:47Z 2018 Report http://documents.worldbank.org/curated/en/219201522848336907/Private-Sector-Economic-Impacts-from-Identification-Systems http://hdl.handle.net/10986/31828 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Public Sector Study
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic IDENTIFICATION TECHNOLOGY
IDENTITY SYSTEM
PROOF OF IDENTITY
UNIQUE ID
AUTHENTICATION
BUSINESS ENVIRONMENT
spellingShingle IDENTIFICATION TECHNOLOGY
IDENTITY SYSTEM
PROOF OF IDENTITY
UNIQUE ID
AUTHENTICATION
BUSINESS ENVIRONMENT
World Bank
Private Sector Economic Impacts from Identification Systems
description Identification systems are a core component of sustainable development policies in countries with diverse economic, demographic, and political contexts. The role of digital identification systems in the private sector is equally large. The efficient, accurate, and secure use of personal identity data is at the heart of most transactions, regardless of the industry in which they take place. The implementation of robust and inclusive identification systems at the national level offers the potential for large financial gains for private sector companies. As a companion piece to the World Bank’s identification for development (ID4D) work on fiscal savings for government agencies, this paper provides a first step toward developing a greater understanding of the financial benefits of identification systems for the private sector. By developing a framework for cost savings and revenue generation opportunities and aggregating existing case studies, it provides a preliminary assessment of expected benefits of government-backed identification systems for firms across a variety of industries. This paper is therefore intended to serve as a resource for governments and donors looking to gauge the potential impacts of implementing an identification system and for private sector leaders and industry groups to fruitfully engage on identity-related issues.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Private Sector Economic Impacts from Identification Systems
title_short Private Sector Economic Impacts from Identification Systems
title_full Private Sector Economic Impacts from Identification Systems
title_fullStr Private Sector Economic Impacts from Identification Systems
title_full_unstemmed Private Sector Economic Impacts from Identification Systems
title_sort private sector economic impacts from identification systems
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/219201522848336907/Private-Sector-Economic-Impacts-from-Identification-Systems
http://hdl.handle.net/10986/31828
_version_ 1764475150548336640

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