The balance sheet of sovereign entities is far more complex than the balance sheet of private companies. For example, the institutions that manage the assets of a sovereign are different than…

M. Coskun Cangoz, Sébastien Boitreaud |

Blog post by a student on the job market. Weather shocks are a constant and growing threat to much of the world’s rural population whose livelihoods depend on agriculture (Dercon, 2002). The cost…

Gregory Lane |

Superstar firms have been in the minds of world’s leading bankers and economists lately. Policymakers are concerned that America’s leading firms such as the FAANG stocks — Facebook, Apple, Amazon…

Asli Demirgüç-Kunt, Meghana Ayyagari, Vojislav Maksimovic |

Since its inception, bank capital regulation has been a topic of heated discussion and debate. At the international level, the Basel Committee on Banking Supervision (BCBS) has emerged as a global…

Asli Demirgüç-Kunt, Deniz Anginer, Davide Salvatore Mare |

The recent economic growth performance of the countries in Latin America and the Caribbean (LAC) has been hampered by poor productivity growth. While many factors explain the poor productivity and…

Eva M. Gutiérrez, Nadeem Karmali, Diego Sourrouille |

The tenth anniversary of the collapse of Lehman Brothers is a good opportunity for us all to reflect on the global financial crisis and the lessons we have learned from it. By now, there is…

Asli Demirgüç-Kunt |

Low and volatile agricultural incomes, poor connectivity, low population density and limited information are just a few reasons that have kept commercial banks away of rural areas in developing…

Miriam Bruhn, Claudia Ruiz, Rekha Reddy |

Some 41 currencies serve the African continent. Many of these are characterised by their illiquid and rarely traded status on the global financial market, as well as their volatility. So for those…

David Bee |

Bank financial intermediation plays a critical role in sustainable and inclusive growth. There is a considerable body of evidence showing that the extent to which an economy is making use of…

Pietro Calice, Nan Zhou |

Over the past decade, the push for financial inclusion has united governments, companies, technology entrepreneurs, and nonprofit organizations in dozens of countries on every continent — and with…

Tilman Ehrbeck |