Finance for All? Policies and Pitfalls in Expanding Access
This book, finance for all, presents first efforts at developing indicators illustrating that financial access is quite limited around the world and identifies barriers that may be preventing small firms and poor households from using financial ser...
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| Format: | Publication |
| Language: | English en_US |
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Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2008/01/8865141/finance-all-policies-pitfalls-expanding-access http://hdl.handle.net/10986/6905 |
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okr-10986-6905 |
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oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ABUSIVE LENDING ACCESS BARRIERS ACCESS INDICATORS ACCESS TO CREDIT ACCESS TO EXTERNAL FINANCE ACCESS TO FINANCE ACCESS TO FINANCIAL SERVICES ACCESS TO SERVICES ACCOUNT HOLDERS ADVANCED ECONOMIES AFFORDABILITY ALLOCATION OF FUNDS ATM PENETRATION BANK ACCOUNT BANK ACCOUNTS BANK BRANCH BANK CHARGES BANK FAILURES BANK LENDING BANKING CRISES BANKING SYSTEM BANKING SYSTEMS BANKRUPTCY BANKS BENEFITS OF ACCESS BORROWER BORROWING BROAD ACCESS BUSINESS OPPORTUNITIES CAPITAL ACCUMULATION CAPITAL MARKET CAPITAL MARKETS CHECKING ACCOUNT CHECKING ACCOUNTS COLLATERAL COLLATERAL REQUIREMENTS CONSUMER PROTECTION CORRUPTION CREDIT ASSOCIATIONS CREDIT CONSTRAINTS CREDIT GUARANTEE CREDIT GUARANTEES CREDIT HISTORIES CREDIT INFORMATION CREDIT MARKETS CREDIT POLICIES CREDIT RATIONING CREDIT REGISTRIES CREDIT SCHEME CREDIT SCORING CREDITOR CREDITORS CREDITWORTHINESS DEBT DEMAND FOR CREDIT DEPOSIT DEPOSIT ACCOUNTS DEPOSITORS DEPOSITS DEVELOPMENT FINANCE DEVELOPMENT FINANCE INSTITUTION DISCRIMINATION EARNINGS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC OPPORTUNITIES EMPLOYMENT OPPORTUNITIES ENDOWMENTS ENTERPRISE GROWTH ENTREPRENEURS EQUALITY OF OPPORTUNITY EQUITY INVESTMENTS EXCLUSION EXTERNAL FINANCE EXTERNAL FINANCING EXTERNAL FUNDS FINANCE COST FINANCIAL ACCESS FINANCIAL ASSETS FINANCIAL DEPTH FINANCIAL DEVELOPMENT FINANCIAL EXCLUSION FINANCIAL INFRASTRUCTURE FINANCIAL INFRASTRUCTURES FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL LITERACY FINANCIAL MARKET FINANCIAL MARKETS FINANCIAL PRODUCTS FINANCIAL SECTOR DEVELOPMENT FINANCIAL SECTOR POLICIES FINANCIAL SECTOR POLICY FINANCIAL SECTOR REFORM FINANCIAL SECTOR REFORMS FINANCIAL SELF-SUFFICIENCY FINANCIAL SERVICE FINANCIAL SERVICE PROVIDERS FINANCIAL SERVICES FINANCIAL SERVICES INDUSTRY FINANCIAL SUPPORT FINANCIAL SYSTEM FINANCIAL SYSTEMS FINANCIAL TECHNOLOGY FINANCING OBSTACLES FOREIGN CURRENCY FOREIGN DIRECT INVESTMENT FORMAL ECONOMY FORMAL FINANCIAL SECTOR FORMAL FINANCIAL SERVICES GENDER GOVERNMENT FINANCIAL INSTITUTIONS GOVERNMENT INTERVENTION GOVERNMENT INTERVENTIONS GOVERNMENT POLICIES GOVERNMENT POLICY GREATER ACCESS GROUP LENDING GROWTH OPPORTUNITIES GUARANTEE SCHEMES HIDDEN SUBSIDIES HIGH INTEREST RATES HOUSEHOLD ACCESS HOUSEHOLD WELFARE HOUSEHOLDS INDICATORS OF ACCESS INEQUALITIES INEQUALITY INFORMAL ECONOMIC ACTIVITY INFORMAL FINANCE INFORMATION ASYMMETRIES INFORMATION INFRASTRUCTURE INFORMATION INFRASTRUCTURES INFORMATION SHARING INSTITUTIONAL REFORM INSTITUTIONAL REFORMS INTEREST RATE INTEREST RATES INTERNATIONAL BANK INVESTMENT OPPORTUNITIES LABOR MARKET LABOR MARKETS LACK OF ACCESS LACK OF AWARENESS LACK OF FINANCE LENDER LENDERS LIMITED ACCESS LOAN LOAN APPLICATION LOAN APPLICATIONS LOAN OFFICERS LOAN PORTFOLIO LOAN SIZES MAINSTREAM BANKS MARKET ECONOMY MFI MFIS MICROCREDIT MICROFINANCE MICROFINANCE INSTITUTION MICROFINANCE INSTITUTIONS MORAL HAZARD OPEN FINANCIAL MARKETS OUTREACH OUTSTANDING LOANS OVERDRAFT PARTIAL CREDIT PAYMENTS SERVICES PERSONAL ASSETS PERSONAL BANKRUPTCY PHYSICAL CAPITAL POOR CLIENTS PREJUDICE PRIVATE CREDIT PRIVATE EQUITY PRIVATIZATION PROFITABILITY PROPERTY RIGHTS PROVISION OF CREDIT PROVISION OF FINANCE PUBLIC FUNDS PUBLIC POLICY PUBLIC-PRIVATE PARTNERSHIPS RATES OF INTEREST RECEIPTS REMITTANCE REPAYMENT REPAYMENT RATES RISK MANAGEMENT RISK MITIGATION SAVINGS SAVINGS PRODUCTS SAVINGS SERVICES SECURITIES SELF-EXCLUSION SELF-FINANCING SMALL BORROWERS SMALL BUSINESS SMALL BUSINESS ADMINISTRATION SMALL ENTERPRISES SMALL LOANS SOCIAL JUSTICE SOCIAL NETWORK START-UPS STOCK MARKET SUBSIDY COST TRANSACTION COSTS TRANSACTIONS COSTS VILLAGES |
| spellingShingle |
ABUSIVE LENDING ACCESS BARRIERS ACCESS INDICATORS ACCESS TO CREDIT ACCESS TO EXTERNAL FINANCE ACCESS TO FINANCE ACCESS TO FINANCIAL SERVICES ACCESS TO SERVICES ACCOUNT HOLDERS ADVANCED ECONOMIES AFFORDABILITY ALLOCATION OF FUNDS ATM PENETRATION BANK ACCOUNT BANK ACCOUNTS BANK BRANCH BANK CHARGES BANK FAILURES BANK LENDING BANKING CRISES BANKING SYSTEM BANKING SYSTEMS BANKRUPTCY BANKS BENEFITS OF ACCESS BORROWER BORROWING BROAD ACCESS BUSINESS OPPORTUNITIES CAPITAL ACCUMULATION CAPITAL MARKET CAPITAL MARKETS CHECKING ACCOUNT CHECKING ACCOUNTS COLLATERAL COLLATERAL REQUIREMENTS CONSUMER PROTECTION CORRUPTION CREDIT ASSOCIATIONS CREDIT CONSTRAINTS CREDIT GUARANTEE CREDIT GUARANTEES CREDIT HISTORIES CREDIT INFORMATION CREDIT MARKETS CREDIT POLICIES CREDIT RATIONING CREDIT REGISTRIES CREDIT SCHEME CREDIT SCORING CREDITOR CREDITORS CREDITWORTHINESS DEBT DEMAND FOR CREDIT DEPOSIT DEPOSIT ACCOUNTS DEPOSITORS DEPOSITS DEVELOPMENT FINANCE DEVELOPMENT FINANCE INSTITUTION DISCRIMINATION EARNINGS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC OPPORTUNITIES EMPLOYMENT OPPORTUNITIES ENDOWMENTS ENTERPRISE GROWTH ENTREPRENEURS EQUALITY OF OPPORTUNITY EQUITY INVESTMENTS EXCLUSION EXTERNAL FINANCE EXTERNAL FINANCING EXTERNAL FUNDS FINANCE COST FINANCIAL ACCESS FINANCIAL ASSETS FINANCIAL DEPTH FINANCIAL DEVELOPMENT FINANCIAL EXCLUSION FINANCIAL INFRASTRUCTURE FINANCIAL INFRASTRUCTURES FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL LITERACY FINANCIAL MARKET FINANCIAL MARKETS FINANCIAL PRODUCTS FINANCIAL SECTOR DEVELOPMENT FINANCIAL SECTOR POLICIES FINANCIAL SECTOR POLICY FINANCIAL SECTOR REFORM FINANCIAL SECTOR REFORMS FINANCIAL SELF-SUFFICIENCY FINANCIAL SERVICE FINANCIAL SERVICE PROVIDERS FINANCIAL SERVICES FINANCIAL SERVICES INDUSTRY FINANCIAL SUPPORT FINANCIAL SYSTEM FINANCIAL SYSTEMS FINANCIAL TECHNOLOGY FINANCING OBSTACLES FOREIGN CURRENCY FOREIGN DIRECT INVESTMENT FORMAL ECONOMY FORMAL FINANCIAL SECTOR FORMAL FINANCIAL SERVICES GENDER GOVERNMENT FINANCIAL INSTITUTIONS GOVERNMENT INTERVENTION GOVERNMENT INTERVENTIONS GOVERNMENT POLICIES GOVERNMENT POLICY GREATER ACCESS GROUP LENDING GROWTH OPPORTUNITIES GUARANTEE SCHEMES HIDDEN SUBSIDIES HIGH INTEREST RATES HOUSEHOLD ACCESS HOUSEHOLD WELFARE HOUSEHOLDS INDICATORS OF ACCESS INEQUALITIES INEQUALITY INFORMAL ECONOMIC ACTIVITY INFORMAL FINANCE INFORMATION ASYMMETRIES INFORMATION INFRASTRUCTURE INFORMATION INFRASTRUCTURES INFORMATION SHARING INSTITUTIONAL REFORM INSTITUTIONAL REFORMS INTEREST RATE INTEREST RATES INTERNATIONAL BANK INVESTMENT OPPORTUNITIES LABOR MARKET LABOR MARKETS LACK OF ACCESS LACK OF AWARENESS LACK OF FINANCE LENDER LENDERS LIMITED ACCESS LOAN LOAN APPLICATION LOAN APPLICATIONS LOAN OFFICERS LOAN PORTFOLIO LOAN SIZES MAINSTREAM BANKS MARKET ECONOMY MFI MFIS MICROCREDIT MICROFINANCE MICROFINANCE INSTITUTION MICROFINANCE INSTITUTIONS MORAL HAZARD OPEN FINANCIAL MARKETS OUTREACH OUTSTANDING LOANS OVERDRAFT PARTIAL CREDIT PAYMENTS SERVICES PERSONAL ASSETS PERSONAL BANKRUPTCY PHYSICAL CAPITAL POOR CLIENTS PREJUDICE PRIVATE CREDIT PRIVATE EQUITY PRIVATIZATION PROFITABILITY PROPERTY RIGHTS PROVISION OF CREDIT PROVISION OF FINANCE PUBLIC FUNDS PUBLIC POLICY PUBLIC-PRIVATE PARTNERSHIPS RATES OF INTEREST RECEIPTS REMITTANCE REPAYMENT REPAYMENT RATES RISK MANAGEMENT RISK MITIGATION SAVINGS SAVINGS PRODUCTS SAVINGS SERVICES SECURITIES SELF-EXCLUSION SELF-FINANCING SMALL BORROWERS SMALL BUSINESS SMALL BUSINESS ADMINISTRATION SMALL ENTERPRISES SMALL LOANS SOCIAL JUSTICE SOCIAL NETWORK START-UPS STOCK MARKET SUBSIDY COST TRANSACTION COSTS TRANSACTIONS COSTS VILLAGES World Bank Finance for All? Policies and Pitfalls in Expanding Access |
| relation |
World Bank Policy Research Report |
| description |
This book, finance for all, presents
first efforts at developing indicators illustrating that
financial access is quite limited around the world and
identifies barriers that may be preventing small firms and
poor households from using financial services. Based on this
research, the report derives principles for effective
government policy on broadening access. The report's
conclusions confirm some traditional views and challenge
others. For example, recent research provides additional
evidence to support the widely-held belief that financial
development promotes growth and illustrates the role of
access in this process. Improved access to finance creates
an environment conducive to new firm entry, innovation, and
growth. However, research also shows that small firms
benefit the most from financial development and greater
access-both in terms of entry and seeing their growth
constraints relaxed. Hence, inclusive financial systems also
have consequences for the composition and competition in the
enterprise sector. This report reviews and synthesizes a
large body of research, and provides the basis for sound
policy advice in the area of financial access. The findings
in this report also underline the importance of investing in
data collection: continued work on measuring and evaluating
the impact of access requires detailed micro data both at
the household and enterprise level. |
| format |
Publications & Research :: Publication |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Finance for All? Policies and Pitfalls in Expanding Access |
| title_short |
Finance for All? Policies and Pitfalls in Expanding Access |
| title_full |
Finance for All? Policies and Pitfalls in Expanding Access |
| title_fullStr |
Finance for All? Policies and Pitfalls in Expanding Access |
| title_full_unstemmed |
Finance for All? Policies and Pitfalls in Expanding Access |
| title_sort |
finance for all? policies and pitfalls in expanding access |
| publisher |
Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2008/01/8865141/finance-all-policies-pitfalls-expanding-access http://hdl.handle.net/10986/6905 |
| _version_ |
1764398729052291072 |
| spelling |
okr-10986-69052021-04-23T14:02:26Z Finance for All? Policies and Pitfalls in Expanding Access World Bank ABUSIVE LENDING ACCESS BARRIERS ACCESS INDICATORS ACCESS TO CREDIT ACCESS TO EXTERNAL FINANCE ACCESS TO FINANCE ACCESS TO FINANCIAL SERVICES ACCESS TO SERVICES ACCOUNT HOLDERS ADVANCED ECONOMIES AFFORDABILITY ALLOCATION OF FUNDS ATM PENETRATION BANK ACCOUNT BANK ACCOUNTS BANK BRANCH BANK CHARGES BANK FAILURES BANK LENDING BANKING CRISES BANKING SYSTEM BANKING SYSTEMS BANKRUPTCY BANKS BENEFITS OF ACCESS BORROWER BORROWING BROAD ACCESS BUSINESS OPPORTUNITIES CAPITAL ACCUMULATION CAPITAL MARKET CAPITAL MARKETS CHECKING ACCOUNT CHECKING ACCOUNTS COLLATERAL COLLATERAL REQUIREMENTS CONSUMER PROTECTION CORRUPTION CREDIT ASSOCIATIONS CREDIT CONSTRAINTS CREDIT GUARANTEE CREDIT GUARANTEES CREDIT HISTORIES CREDIT INFORMATION CREDIT MARKETS CREDIT POLICIES CREDIT RATIONING CREDIT REGISTRIES CREDIT SCHEME CREDIT SCORING CREDITOR CREDITORS CREDITWORTHINESS DEBT DEMAND FOR CREDIT DEPOSIT DEPOSIT ACCOUNTS DEPOSITORS DEPOSITS DEVELOPMENT FINANCE DEVELOPMENT FINANCE INSTITUTION DISCRIMINATION EARNINGS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC OPPORTUNITIES EMPLOYMENT OPPORTUNITIES ENDOWMENTS ENTERPRISE GROWTH ENTREPRENEURS EQUALITY OF OPPORTUNITY EQUITY INVESTMENTS EXCLUSION EXTERNAL FINANCE EXTERNAL FINANCING EXTERNAL FUNDS FINANCE COST FINANCIAL ACCESS FINANCIAL ASSETS FINANCIAL DEPTH FINANCIAL DEVELOPMENT FINANCIAL EXCLUSION FINANCIAL INFRASTRUCTURE FINANCIAL INFRASTRUCTURES FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL LITERACY FINANCIAL MARKET FINANCIAL MARKETS FINANCIAL PRODUCTS FINANCIAL SECTOR DEVELOPMENT FINANCIAL SECTOR POLICIES FINANCIAL SECTOR POLICY FINANCIAL SECTOR REFORM FINANCIAL SECTOR REFORMS FINANCIAL SELF-SUFFICIENCY FINANCIAL SERVICE FINANCIAL SERVICE PROVIDERS FINANCIAL SERVICES FINANCIAL SERVICES INDUSTRY FINANCIAL SUPPORT FINANCIAL SYSTEM FINANCIAL SYSTEMS FINANCIAL TECHNOLOGY FINANCING OBSTACLES FOREIGN CURRENCY FOREIGN DIRECT INVESTMENT FORMAL ECONOMY FORMAL FINANCIAL SECTOR FORMAL FINANCIAL SERVICES GENDER GOVERNMENT FINANCIAL INSTITUTIONS GOVERNMENT INTERVENTION GOVERNMENT INTERVENTIONS GOVERNMENT POLICIES GOVERNMENT POLICY GREATER ACCESS GROUP LENDING GROWTH OPPORTUNITIES GUARANTEE SCHEMES HIDDEN SUBSIDIES HIGH INTEREST RATES HOUSEHOLD ACCESS HOUSEHOLD WELFARE HOUSEHOLDS INDICATORS OF ACCESS INEQUALITIES INEQUALITY INFORMAL ECONOMIC ACTIVITY INFORMAL FINANCE INFORMATION ASYMMETRIES INFORMATION INFRASTRUCTURE INFORMATION INFRASTRUCTURES INFORMATION SHARING INSTITUTIONAL REFORM INSTITUTIONAL REFORMS INTEREST RATE INTEREST RATES INTERNATIONAL BANK INVESTMENT OPPORTUNITIES LABOR MARKET LABOR MARKETS LACK OF ACCESS LACK OF AWARENESS LACK OF FINANCE LENDER LENDERS LIMITED ACCESS LOAN LOAN APPLICATION LOAN APPLICATIONS LOAN OFFICERS LOAN PORTFOLIO LOAN SIZES MAINSTREAM BANKS MARKET ECONOMY MFI MFIS MICROCREDIT MICROFINANCE MICROFINANCE INSTITUTION MICROFINANCE INSTITUTIONS MORAL HAZARD OPEN FINANCIAL MARKETS OUTREACH OUTSTANDING LOANS OVERDRAFT PARTIAL CREDIT PAYMENTS SERVICES PERSONAL ASSETS PERSONAL BANKRUPTCY PHYSICAL CAPITAL POOR CLIENTS PREJUDICE PRIVATE CREDIT PRIVATE EQUITY PRIVATIZATION PROFITABILITY PROPERTY RIGHTS PROVISION OF CREDIT PROVISION OF FINANCE PUBLIC FUNDS PUBLIC POLICY PUBLIC-PRIVATE PARTNERSHIPS RATES OF INTEREST RECEIPTS REMITTANCE REPAYMENT REPAYMENT RATES RISK MANAGEMENT RISK MITIGATION SAVINGS SAVINGS PRODUCTS SAVINGS SERVICES SECURITIES SELF-EXCLUSION SELF-FINANCING SMALL BORROWERS SMALL BUSINESS SMALL BUSINESS ADMINISTRATION SMALL ENTERPRISES SMALL LOANS SOCIAL JUSTICE SOCIAL NETWORK START-UPS STOCK MARKET SUBSIDY COST TRANSACTION COSTS TRANSACTIONS COSTS VILLAGES This book, finance for all, presents first efforts at developing indicators illustrating that financial access is quite limited around the world and identifies barriers that may be preventing small firms and poor households from using financial services. Based on this research, the report derives principles for effective government policy on broadening access. The report's conclusions confirm some traditional views and challenge others. For example, recent research provides additional evidence to support the widely-held belief that financial development promotes growth and illustrates the role of access in this process. Improved access to finance creates an environment conducive to new firm entry, innovation, and growth. However, research also shows that small firms benefit the most from financial development and greater access-both in terms of entry and seeing their growth constraints relaxed. Hence, inclusive financial systems also have consequences for the composition and competition in the enterprise sector. This report reviews and synthesizes a large body of research, and provides the basis for sound policy advice in the area of financial access. The findings in this report also underline the importance of investing in data collection: continued work on measuring and evaluating the impact of access requires detailed micro data both at the household and enterprise level. 2012-06-01T18:51:08Z 2012-06-01T18:51:08Z 2008 http://documents.worldbank.org/curated/en/2008/01/8865141/finance-all-policies-pitfalls-expanding-access 978-0-8213-7291-3 http://hdl.handle.net/10986/6905 English en_US World Bank Policy Research Report CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Publications & Research :: Publication Publications & Research :: Publication |