Fintech in Sub-Saharan Africa: A Potential Game Changer
If you are reading this blog—drawn by current buzz around financial technology and the "fintech” reference in the title, and its promise to democratize financial services—then it is probably a safe bet to assume that you have heard of M-Pesa. (more…)
Let Bank Supervisors Do Their Jobs
By Tobias Adrian and Aditya Narain
Healthy banking sector. Healthy economy. So goes the thinking. Banks play a vital role in economic life—whether for individual consumers, or more broadly across an entire economy—and a strong and stable banking system is a matter of public concern. (more…)
Chart of the WeekChina’s Digital Dividend
By Longmei Zhang and Sally Chen
Digitalization has created millions of new jobs in China, accounting for between one-third and one-half of employment growth in the world’s second-largest economy. (more…)
Cashing In: How to Make Negative Interest Rates Work
By Ruchir Agarwal and Signe Krogstrup
Español, Français, 日本語, Português
Many central banks reduced policy interest rates to zero during the global financial crisis to boost growth. (more…)
Latin America and the Caribbean in 2019: A Moderate Expansion
Economic activity in Latin America continues to rise, but at a slower rate than previously anticipated. (more…)
Unlimited Opportunities: Creating More Jobs for Young People in Emerging Market and Developing Economies
By Christine Lagarde and John Bluedorn
عربي, 中文, Español,Français, 日本語, Português, Русский
“To define is to limit,” Oscar Wilde once said. But sometimes economists need to use definitions to see the scope of a problem and find ways to lift the limits to success. (more…)
A Weakening Global Expansion Amid Growing Risks
عربي, 中文, Español, Français, 日本語, Português, Русский
While global growth in 2018 remained close to postcrisis highs, the global expansion is weakening and at a rate that is somewhat faster than expected. This update of the World Economic Outlook (WEO) projects global growth at 3.5 percent in 2019 and 3.6 percent in 2020, 0.2 and 0.1 percentage point below last October’s projections. (more…)
Three Steps to Avert a Debt Crisis
By Martin Mühleisen and Mark Flanagan
عربي, 中文, Español, Français, Deutsche, 日本語, Português
There has been much public discussion of the debt sustainability of a handful of high-risk countries. (more…)
