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Bookmark or Share- Financial Sector Overview: Development news, research, data | World BankAttracting private sector finance and investment to help cover the huge financing gaps is necessary to help the world meet these global goals. The World Bank Group works to promote financial stability and to develop diversified, efficient and inclusive financial systems, at the global and country-level.
- Financial Sector: Development news, research, data | World BankFinancial Sector. Resilient, transparent and smooth-functioning financial systems and capital markets contribute to financial stability, job growth and poverty alleviation. To strengthen financial stability and build countries’ capacity for crisis management, WBG works with governments and the private sector.
- Fintech and the Future of Finance - World Bank GroupFintech, the application of digital technology to financial services, is reshaping the future of finance– a process that the COVID-19 pandemic has accelerated. The ongoing digitization of financial services and money creates opportunities to build more inclusive and efficient financial services and promote economic development.
- Financial Development - World Bank GroupFinance matters for development‐‐both when it functions well and when it malfunctions. The crisis has challenged conventional thinking in financial sector policies and has led to much debate on how best to achieve sustainable development. Reassessing financial sector policies after the crisis in an important step in informing this process.
- World Bank's Financial Sector Assessment for Chinato shift the financial sector from a centrally directed system to one that is commercially-based and financially sound. Improvements are seen in the structure, performance, and oversight of the financial sector. The system is becoming more transparent as it opens up. 2. China is confronted by a build-up of potential sources of vulnerabilities,
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