INFOGRAPHIC CONTACT SHEET W07 Issue Date: 2013.02.16 1/2

Total Page:16

File Type:pdf, Size:1020Kb

INFOGRAPHIC CONTACT SHEET W07 Issue Date: 2013.02.16 1/2 INFOGRAPHIC CONTACT SHEET w07 Issue date: 2013.02.16 1/2 City D Spreading the wealth RUSSIA To them that have N St Paul’s Cathedral Yalu River Greater London E Mayfair Argentina’s: Government spending on care for older people T ames Beijing S Th average monthly public pension, 2011 pesos, ’000 Punggye-ri Hyde E Dandong by wealth quintile under different systems th Bank (nuclear test site) Park W u number of people receiving pension benefits*, m in 2025-26, 2012-13 prices, £bn London So Pyongyang NORTH KOREA Eye Waterloo 6 N 5 Seoul Current 5 A SOUTH KOREA Reformed Palace of Westminster P 4 4 A Tokyo CHINA J 3 3 American Shanghai Battersea 2 Power Embassy Kennington E a s t 2 Station Site Vauxhall 1 Chelsea C h i n a LAMBETH 0 S e a PACIFIC 1 2001 03 05 07 09 11 12 OCEA N 0 Nine Elms Sources: Catholic University *Excluding pensioners who Senkaku/ Battersea Nine Elms of Argentina; national received less than 1,000 pesos a Diaoyu Lowest 2nd 3rd 4th Highest (proposed) Current Battersea (proposed) Northern line statistics; The Economist month in benefits in 2000 Islands 750 km Source: Department of Health TAIWAN Proposed WANDSWORTH 1 km extension Strange and ingenious Why they move The Italian price US and them Total merchandise trade, $trn Youth unemployment Unit labour costs, 1999=100 Adult population without formal banking % of population age 15-24, 2012 % of: 4 140 poorest 20% total 0 10 20 30 40 50 60 Spain 0 10 20 30 40 United States Greece* 130 Italy 3 Italy Spain 120 Portugal China France United States 2 Portugal 110 Italy Greece 100 Ireland 1 Ireland Germany Canada France 90 0 1999 2001 03 05 07 09 11 Spain 2000 02 04 06 08 10 12 Germany Source: OECD Estonia Source: CEIC Source: OECD *Q3 2012 Interactive: Explore our guide to Europe’s troubled Japan economies at Economist.com/euroguide13 Britain Sweden Source: “Measuring Financial Inclusion”, by Asli Get your free carbon here Demirguc-Kunt and Leora Klapper, World Bank, 2012 EU ETS carbon spot price, ¤ per tonne Catch up and fries 25 160 countries (excluding energy exporters), 1950-2010 Annual average ten-year growth Slowdowns in GDP growth 20 rate of GDP per person, % 3.0 100 Lagging the Americans 15 Number of slowdowns Price-to-book ratio* 2.5 80 10 Probability of Goldman Sachs Barclays 2.0 a slowdown, % JPMorgan Chase Deutsche Bank 60 2.5 5 1.5 40 2.0 0 1.0 2008 09 10 11 12 13 1.5 20 Source: Thomson Reuters Point Carbon 0.5 1.0 0 0 1 10 20 30 40 1 10 20 0.5 Initial GDP per person, $’000* GDP per person, $’000* 0 Sources: Penn World Tables; The Economist *Purchasing-power parity at 2005 prices 2007 08 09 10 11 12 13 Source: Thomson *Firm’s share price divided by the A gap in the market Reuters book value of its equity per share Indian five-year interest rates, % 12 10 Government bonds Corporate cash piles 750 km 8 Net cash of listed companies*, $bn Mediterranean Sea Dec 31st 2012 or latest Alexandria IRAQ IRA N 6 0 20 40 60 80 100 120 140 Interest-rate swaps Cairo 4 Apple 335 Nile China Mobile 59 LIBY A EGYP T Aswan 2 Aswan dam Microsoft 82 Lake Nasser SAUD I R 0 Google 76 e d ARABIA Wadi Halfa 2003 04 05 06 07 08 09 10 11 12 13 Cisco Systems 65 S e Source: Bloomberg a Qualcomm 189 CHA D SUDAN General Motors 42 Khartoum Blue ERITREA YEMEN Nile Oracle 44 DJIBOUTI Addis Samsung 15 Ababa Surgutneftegas 34 White SOUTH Nile ETHIOPI A C.A.R. y CNOOC 19 SUDAN Juba e Chevron 6 l SOMALIA UGANDA l f Intel 20 Sea Galilee % of capital Kampala a KENYA Med. ISRAEL Coal India employed 82 J V o r Nairobi Jenin d a RWANDA n Sea Tulkarm Tubas Sources: Bloomberg; *Excluding financial and CONGO Qalqilya Nablus Tel Aviv WEST The Economist Lake t Mombasa Source: B’tselem Ariel insurance firms Salfit Victoria BANK MOUNT BURUNDI f pre-1967 border Ramallah INDIAN GAZA Jericho SCOPUS Dodoma STRIP i TANZANIA Bethlehem OCEA N JerusalemGush Etzion R Gaza Hebron D e a d East S e a Jerusalem MALAWI Rafah West Israeli ANGOLA 75 kmsettlements Jerusalem OLD CITY Current shale NORTH Hardly lavish WplayASHINs GTON DAKOTA JERUSALEM Basins MONTANA Minimum wage as a % of median wage* Source:EIA SOUTH 70 ISRAEL DAKOTA OREGON IDAHO WYOMING NO MANS C 60 LAND A NEBRASKA L NEVADA France I F UNITED STATE S 50 e Beit O in Britain l R UTAH COLORADO KANSAS Care for the elderly stice Safafa † 1949 Armi N Spending by quintile 2025-26, £bn* Givat 40 WEST I Current system Reformed system Matos A NEW United States (Tabaliya) BANK TEXAS Japan E Monterey MEXICO a Santa 4 W formation JERUSALEM Gilo s ARIZONA 30 e t Maria Proposed s t J e Los Angeles 2 road J r usal eru em L BOUNDA sale PACIFIC 1999 01 03 05 07 09 11 MUNICIPA m 0 OCEAN † Lowest 2nd 3rd 4th Highest RY Sources: OECD *Full-time workers Estimated US 500 km MEXICO The Economist ratio in 2015 with $9 minimum wage *2012-13 prices 2 km INFOGRAPHIC CONTACT SHEET w07 Issue date: 2013.02.16 2/2 Safe food, nervous shoppers Rich wrists wear Swiss Bargain Carrefour shares, 70% off Big cats roar, fat cats snore 1 Gastrointestinal infection mortality Watches, main exporting countries Carrefour’s share price, ¤ GDP*, % change on previous year Per 100,000 population*, England and Wales Average unit price, $, 2011 PLASSAT APPOINTED AS CEO Asia (excluding Japan) Latin America 140 0 50 100 150 200 Units, m 75 Sub-Saharan Africa North America Men ATTEMPTED TAKEOVER OF PÃO DE AÇÚCAR (excluding South Africa) EU-27 120 Switzerland 685 30 DURAN FIRED AS CEO, 12 OLOFSSON APPOINTED 60 100 France 7 9 45 80 United States 7 6 60 Germany 15 30 BLUE CAPITAL 3 Britain 5 BUYS STAKE 40 15 + Women Hong Kong 403 0 20 – 0 China 682 3 0 2000 02 04 06 08 10 1213 1900 20 40 60 80 2011 Source: Federation of the Swiss Watch Industry Sources: Thomson Reuters; The Economist 6 Source: Office for National Statistics *Age-standardised 2000 02 04 06 08 10 12 Sources: IMF; The Economist *Weighted averages Putting the “red” into red capitalism No longer on hold 2 Profit/loss per barrel of oil refined Mobile-phone and internet penetration in Africa Q1-Q3 2012, $ Mobile-phone subscriptions Internet connections Yen per dollar % of population* Per 100 households Inverted scale 2– 0+ 2 4 6 8 80 4 75 Chevron 80 ExxonMobil 60 3 Sinopec 85 Source: Deutsche Bank 40 2 90 95 20 1 AS ON D JF 2012 2013 0 0 Source: Thomson Reuters 2003 04 05 06 07 08 09 10 11 12 *Many Africans have no phone, Source: ABI Research some have several 1 3 A rough guide to offshore Big spenders 2 Boxes are for ticking 4 Doing it by the book Selected financial centres Stock of foreign direct investment Tax-treaty agreements* Compliance with Financial Action Task Force 49 standards* in China, by selected offshore signed by tax havens Number with which fully or largely compliant financial centres, 2011, $trn With other With other 0 5 10 15 20 25 30 35 40 45 49 Bermuda Reinsurance giant; has lost ground in funds tax havens countries Barbados 0.3 Britain Shell companies/partnerships; funds from British 400 Guernsey (2010) dependencies routed through City of London Seychelles 0.4 Jersey (2008) British Virgin Incorporation hub; strong links to China 300 Islands Bermuda 0.7 Singapore (2008) Cayman Islands One of the more diversified; strongest in hedge funds Mauritius 1.1 United States (2006) 200 Channel Islands Jersey big in trusts/banking; Guernsey ahead in Cayman Islands (2007) insurance/private-equity funds Samoa 2.1 100 Isle of Man (2008) Cyprus Under EU pressure to explain heavy use by Russians Cayman Islands 2.2 Britain (2007) Dubai Wannabe Switzerland of the Middle East 0 Switzerland (2005) Isle of Man Banking, companies and life assurance; more transparent 2004 06 08 10 12 than Jersey British Virgin *Includes amendments to China (2007) Islands Source: OECD existing agreements Liechtenstein Known for trust-like Anstalts and ties to Switzerland 9.7 Japan (2008) Luxembourg Hub for corporate tax avoidance and offshore funds Russia (2008) Marshall Islands Strong corporate secrecy; shipping hub; links to US Bermuda (2008) Mauritius Used for investment in India; targeting Africa Greece (2007) Monaco Long-standing tax haven, popular with Europe’s elites Luxembourg (2010) Panama Specialist in foundations/shells; its leading law firms are giant incorporation factories Argentina (2010) Samoa Up and coming thanks to regulatory flexibility; holding Sources: Financial Action Task Force; *Date in brackets represents year companies used by Asian investors Source: National Government of Jersey of latest FATF peer review Seychelles At the shadier end; used by Russians, Africans Bureau of Statistics China Singapore Rising star in wealth management, trusts Switzerland Still the leader in offshore private banking, but under intense pressure to reduce secrecy United States Offshore banking in Miami; corporate anonymity in Delaware, Nevada, etc Winners and losers 5 Source: The Economist Change in banking deposits as % of total offshore deposits, 2007-11 2.38 2.26 1.92 Netherlands Isle of Switzer- Luxem- 0.28 0.20 0.64 0.55 0.53 0.12 0.1 0.05 Antilles Bahrain Guernsey Man land bourg Jersey Hong Cayman Singapore Belgium Austria Cyprus Panama Chile Malaysia Macau Bahamas Bermuda 0.11 0.15 0.58 Kong Islands (no change) 0.36 0.92 1.60 Source: “The End Of Bank Secrecy? An Evaluation Of The G20 Tax Haven Crackdown”, by Niels Johannesen and Gabriel Zucman 4.21 Sources and sites of private offshore wealth Number of incorporated 2011, $trn companies Origin: North America Europe Asia-Pacific Latin America Middle East and Africa December 2012 or latest, ’000 0 0.5 1.0 1.5 2.0 Companies per 100 population Switzerland Britain, Channel Islands & Ireland Hong Kong 1,045 15 Caribbean
Recommended publications
  • The Global Findex Database 2014
    WPS7255 Policy Research Working Paper 7255 Public Disclosure Authorized The Global Findex Database 2014 Measuring Financial Inclusion around the World Public Disclosure Authorized Asli Demirguc-Kunt Leora Klapper Dorothe Singer Peter Van Oudheusden Public Disclosure Authorized Public Disclosure Authorized Development Research Group Finance and Private Sector Development Team April 2015 Policy Research Working Paper 7255 Abstract The Global Financial Inclusion (Global Findex) database, expand access to financial services in Sub-Saharan Africa. launched by the World Bank in 2011, provides compa- Along with these gains, the data also show that big oppor- rable indicators showing how people around the world tunities remain to increase financial inclusion, especially save, borrow, make payments, and manage risk. The 2014 among women and poor people. Governments and the edition of the database reveals that 62 percent of adults private sector can play a pivotal role by shifting the pay- worldwide have an account at a bank or another type of ment of wages and government transfers from cash into financial institution or with a mobile money provider. accounts. There are also large opportunities to spur Between 2011 and 2014, 700 million adults became greater use of accounts, allowing those who already have account holders while the number of those without an one to benefit more fully from financial inclusion. In account—the unbanked—dropped by 20 percent to 2 developing economies 1.3 billion adults with an account billion. What drove this increase in account ownership? pay utility bills in cash, and more than half a billion A growth in account penetration of 13 percentage points pay school fees in cash.
    [Show full text]
  • The Opportunities of Digitizing Payments
    THE OPPORTUNITIES OF DIGITIZING PAYMENTS How digitization of payments, transfers, and remittances contributes to the G20 goals of broad-based economic growth, financial inclusion, and women’s economic empowerment A report by the World Bank Development Research Group, the Better Than Cash Alliance, and the Bill & Melinda Gates Foundation to the G20 Global Partnership for Financial Inclusion. Prepared for the G20 Australian Presidency August 28, 2014 © 2014 International Bank for Reconstruction ACKNOWLEDGEMENTS and Development/The World Bank This report was prepared by Leora Klapper 1818 H Street NW Washington, DC 20433 and Dorothe Singer of the Finance and Private Telephone: 202-473-1000 Internet: www.worldbank.org Sector Development Team of the Development This work is a product of the staff of the World Research Group of the World Bank. Bank with external contributions. The findings, Inputs and guidance were received from Sheila interpretations, and conclusions expressed in this work do not necessarily reflect the views of Miller of the Bill & Melinda Gates Foundation, the World Bank, its board of executive directors, Ruth Goodwin-Groen of the Better Than Cash or the governments they represent. Alliance (hosted by UNCDF), Mary Ellen Isk- The World Bank does not guarantee the ac- enderian of Women’s World Banking, World curacy of the data included in this work. The Bank Group experts, as well as the members boundaries, colors, denominations, and other and implementing partners of the G20 Global information shown on any map in this work do not imply any judgment on the part of the Partnership for Financial Inclusion (GPFI), World Bank concerning the legal status of any including the Alliance for Financial Inclu- territory or the endorsement or acceptance of sion (AFI), the Consultative Group to Assist such boundaries.
    [Show full text]
  • SDG Compendium Digital Financial Inclusion
    IGNITING SDG PROGRESS THROUGH DIGITAL FINANCIAL INCLUSION In September 2015, the United Nations General Assembly adopted a plan of action for people, prosperity, and the planet, entitled “Transforming our World: the 2030 Agenda for Sustainable Development.” The 2030 Agenda consists of 17 Sustainable Development Goals (SDGs), developed in collaboration with a wide range of stakeholders globally and endorsed by all United Nations (UN) member states. The SDGs embody humanity’s shared aspirations and vision for the future, and faster progress is needed for them to make a difference in people’s lives. The evidence presented in this compendium identifies how digital financial inclusion can ignite faster progress toward the SDGs, and create long-lasting social and economic impact for millions of people worldwide. Are you a decision-maker in government, business, or civil society? We invite you to use this compendium to make digital financial inclusion a priority, whether it is allocating financing to build digital infrastructure, digitizing your payments, or passing regulations to ensure digital financial services can be used by everyone. The world is experiencing a digital revolution. More people than ever have access to mobile phones, the internet, and other digital services like prepaid cards, with the number growing every day. How can this digital revolution help us reach the 2030 Sustainable Development Goals more quickly? One important answer is through digital financial inclusion. Financial inclusion means affordable, effective, and safe financial services for everyone. Inclusive digital financial services refer to mobile money, online accounts, electronic payments, insurance and credit, combinations of them and newer fintech apps, that reach people who were formerly excluded.
    [Show full text]
  • Finance and Inequality SDN/20/01
    January2020 I M F S T A F F D I S C U S S I O N N O T E SDN/20/01 Finance and Inequality Martin Čihák and Ratna Sahay in collaboration with Adolfo Barajas, Shiyuan Chen, Armand Fouejieu, and Peichu Xie DISCLAIMER: Staff Discussion Notes showcase policy-related analysis and research being developed by IMF staff members and are published to elicit comments and to encourage debate. The views expressed in Staff Discussion Notes are those of the authors and do not necessarily represent the views of the IMF, its Executive Board, or IMF management. FINANCE AND INEQUALITY Finance and Inequality Monetary and Capital Markets Department with input from other departments1 Prepared by Martin Čihák and Ratna Sahay in collaboration with Adolfo Barajas, Shiyuan Chen, Armand Fouejieu, and Peichu Xie Authorized for distribution by Ratna Sahay DISCLAIMER: Staff Discussion Notes showcase policy-related analysis and research being developed by IMF staff members and are published to elicit comments and to encourage debate. The views expressed in Staff Discussion Notes are those of the authors and do not necessarily represent the views of the IMF, its Executive Board, or IMF management. JEL Classification Numbers: E24, H23, H53, H55, I32, I38, O15 Keywords: banking, financial depth, financial inclusion, financial stability, economic inequality Authors’ Email Addresses: [email protected], [email protected] 1 Input from Armand Fouejieu and Shiyuan Chen (financial inclusion and inequality), Adolfo Barajas and Peichu Xie (firms’ access to finance) is gratefully acknowledged. Jerôme Vanderbussche shared data on riskiness of credit allocation. The authors want to thank—without implicating—members of the IMF’s Executive Board and IMF seminar participants, as well as Tobias Adrian, Andreas Adriano, Bidisha Das, Stefania Fabrizio, José Garrido, Florian Gimbel, Javier Hamann, Tannous Kass-Hanna, Peter Kunzel, Joshua Lipsky, David Lipton, Meera Louis, Matthew Jones, Sanjaya Panth, Jay Surti, Jarkko Turunen, Christoph Rosenberg, and Nico Valckx, for useful comments and suggestions.
    [Show full text]
  • State of the Field of Gender Lens Investing Report
    CRITERION INSTITUTE THE STATE OF THE FIELD OF GENDER LENS INVESTING A REVIEW AND A ROAD MAP Prepared by Criterion Institute With support from Wallace Global Fund Written by Joy Anderson and Katherine Miles October 1, 2015 TABLE OF CONTENTS Acknowledgements: And an Invitation 2 Executive Summary: A Road Map to the Future of Gender Lens Investing 3 One. Introduction: Surveying the Field through Convergence 7 Introducing the Lenses 18 Two. Investing: Financial Movements Intersecting Gender Lens Investing 19 Three. Gender: Approaches to Gender Analysis in Systems of Finance 33 Making the Market 46 Four. Destinations: Creating Vehicles to Move Capital With a Gender Lens 47 Five. Driving: The Role of Investors in Moving Capital With a Gender Lens 58 Six. Navigating: Measures and Standards of Gender Lens Investing 69 Roadmap of the Field 78 Seven. Constructing Bridges: The Work of Building Fields 79 Eight. The Expert Path: Creating Legitimacy for the Field 91 Nine. Directions: Recommendations for the Road Ahead 97 Appendix Detailed Map of Actors in the Field ii. Full list of Convergence Participants iv. Bibliography and Resource List ix. ACKNOWLEDGEMENTS This report has been a delightfully collaborative effort. I want thank Katherine Miles, my co- author, for her role in defining the research methods behind the report and ensuring that it is rich with data and examples. Alanna Ford was amazing pulling the graphics and the design of the report together. Sarah Kaplan was exceedingly helpful in framing and structuring the report. Gilbert Febos transcribed the conversations in Convergence and kept them organized so we could find the key perspectives that shaped the report.
    [Show full text]
  • Women's Financial Inclusion in a Digital World
    Women’s Financial Inclusion in a Digital World How mobile phones can reduce gender gaps RAIYAN KABIR AND JENI KLUGMAN Authors Raiyan Kabir (2018/19 Bank of America Women and the Economy Fellow, GIWPS) Dr. Jeni Klugman (Managing Director, GIWPS) Expert Adviser Ambassador Melanne Verveer Acknowledgements The authors are grateful to Leora Klapper (World Bank), Liz Kellison (Bill and Melinda Gates Foundation), Claire Sibthorpe and her team (GSM Association Connected Women), and Daphne Jayasinghe (International Rescue Committee) for serving as external reviewers of this report and providing valuable insights on the subject matter. The authors would like to thank Jennifer Parsons and Carla Koppell for their advice and guidance, Chen Zheng and Bryan Haiwen Zou for their excellent research support, Sarah Rutherford for her management of production and outreach, and other 2018/19 GIWPS fellows who supported this publication, including Yvonne Quek, Matthew Moore, and Madison Schramm. Funding for the research and production of this report is made possible by the Bank of America Charitable Foundation. The Georgetown Institute for Women, Peace and Security Georgetown University’s Institute for Women, Peace and Security (GIWPS) seeks to promote a more stable, peaceful, and just world by focusing on the important role women play in preventing conflict and building peace, growing economies, and addressing global threats like climate change and violent extremism. We engage in rigorous research, host global convenings, advance strategic partnerships, and nurture the next generation of leaders. Housed within the Walsh School of Foreign Service at Georgetown, the Institute is headed by the former U.S. Ambassador for Global Women’s Issues, Melanne Verveer.
    [Show full text]
  • Saving for Old Age Around the World: Evidence from the Global FINDEX
    Saving for Old Age around the World: Evidence from the Global FINDEX Asli Demirguç-Kunt (World Bank) Leora Klapper (World Bank) Georgios Panos (University of Glasgow) 2015 Symposium: Implications of the New Regulatory Order for Retirement System Risk Management The Pension Research Council Friday, 01/05/2015 Why important? Lusardi (2003): Very little work has been done in investigating how households make saving plans and how they collect all the relevant information to make savings decisions • Almost all models assume that there are no planning costs and, e.g., no differences in how individuals access (and evaluate) information and how they overcome all the difficulties of devising savings plans • Empirical results consistent with 2 types of consumer-agents: (a) LC/PI types and (b) “rule of thumb” consumers, that simply consume according to their current income • The fraction of “rule of thumb” consumers has been estimated to be 20 - 50% (Mankiw, 1990; Browning and Lusardi, 1996; Hurst, 2003) Bernheim, Skinner, and Weinberg (1997, 2001): Consumption exhibits sharp drop at time of retirement and more pronounced decline post-retirement • Retirement, and years around it, are associated with decline in individuals’ economic well-being, an outcome which varies according to gender (faster decline for women by year) as well as working status (Clark and Quinn, 1999; Crystal and Shea, 1990; Sabelhaus and Manchester, 1995, JHR: US; Bardasi et al., 2000: UK; Bonsang and Klein, 2011: Germany; also opposite views, e.g. Kerwin, 2002: NBER) What we
    [Show full text]
  • Powerpoint Template
    Financial Inclusion in Emerging and Frontier Markets Landscape Review July 2018 This material is not to be construed as investment advice or an offer for a particular security. For important disclosure information please refer to the last page of this presentation. Table of Contents* Pages Introduction 2 The Fundamentals of Financial Inclusion 5 Private Capital & the Market Opportunity 17 Assessing Impact in Financial Inclusion 23 The Investment Landscape 32 Appendix 40 *Fiduciary Trust Company International, headquartered in New York, (and subsidiaries doing business as Fiduciary Trust International) and FTCI (Cayman) Ltd. are part of the Franklin Templeton family of companies. Such references pertain only to the body of this presentation and not to the “back page” disclosure. Please refer to the last page of this presentation for important disclosure information regarding this entire presentation. Copyright © 2020 Fiduciary Trust International. All Rights Reserved. Introduction Introduction Overview This landscape review is designed to provide a comprehensive understanding of the role client capital can play in effecting change within a given impact issue area. The reviews are structured to cover the following major topics: The Fundamentals of the Issue Area • The Landscape Review explores the underlying dynamics of the impact issue area, explaining the scope of the challenge and its importance to human or environmental welfare. The Role of Private Capital • Impact investing is not a panacea. Rather it is often most effective as a complement to traditional philanthropy. The Landscape Reviews identify what, if any, market failures are relevant to the issue area and the role private capital can play in addressing them.
    [Show full text]
  • Leora F. Klapper
    LEORA F. KLAPPER The World Bank phone: 1-202-473-8738 1818 H Street, NW email: [email protected] Washington, DC 20433 web: https://www.worldbank.org/en/about/people/l/leora-klapper USA skype: leora.klapper CURRENT EMPLOYMENT • The World Bank, Washington, DC Lead Economist, Development Research Group, 2011-Present Senior Economist, Development Research Group, 2002-2011 (Young) Economist, Development Research Group, 1998-2002 PRIMARY RESEARCH FIELDS: Consumer Finance; Digital Financial Services; Behavioral Economics; Measurement COUNTRY EXPERIENCE: Argentina, Bangladesh, Cambodia, China, Cote d’Ivoire, Ghana, Hungary, India, Indonesia, Kenya, Latvia, Maldives, Mauritius, Mexico, Mongolia, Morocco, Poland, Romania, South Africa, Sri Lanka, Tanzania FOUNDER: - Global Findex Database - Entrepreneurship Database AWARDS: - Accion 2018 Edward W. Claugus Award for exceptional leadership and innovation in financial inclusion - World Bank Group Team Awards 2014, 2016, 2019 EDUCATION • Stern School of Business, New York University (1993-1998) Ph.D. in Financial Economics Fields: Corporate Finance, Financial Institutions. Dissertation: Essays on Collateralization - The Dean’s Outstanding Teaching Award for Graduate Instructor, 1997 - The Berkley Center for Entrepreneurial Studies Fellowship, 1996-1998 - University Doctoral Fellowship, New York University, 1993-1996 • State University of New York at Binghamton (1986-1990) BS in Economics and Math (with Honors) PRIOR EMPLOYMENT • Salomon Brothers, Economic and Market Analysis, New York, NY (Part-time
    [Show full text]
  • Trade Finance During the Great Trade Public Disclosure Authorized Collapse
    Trade Finance during the Great Trade Public Disclosure Authorized Collapse Editors -HDQĥ3LHUUH&KDXIIRXU0DULHP0DORXFKH Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Trade Finance during the Great Trade Collapse Trade Finance during the Great Trade Collapse Jean-Pierre Chauffour and Mariem Malouche Editors © 2011 The International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org All rights reserved 1 2 3 4 14 13 12 11 This volume is a product of the staff of the International Bank for Reconstruction and Development / The World Bank. The findings, interpretations, and conclusions expressed in this volume do not necessarily reflect the views of the Executive Directors of The World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgement on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Rights and Permissions The material in this publication is copyrighted. Copying and/or transmitting portions or all of this work without per- mission may be a violation of applicable law. The International Bank for Reconstruction and Development / The World Bank encourages dissemination of its work and will normally grant permission to reproduce portions of the work promptly. For permission to photocopy or reprint any part of this work, please send a request with complete information to the Copyright Clearance Center Inc., 222 Rosewood Drive, Danvers, MA 01923, USA; telephone: 978-750-8400; fax: 978-750-4470; Internet: www.copyright.com.
    [Show full text]
  • Shared Principles for an Inclusive Financial System
    The EDISON Alliance Shared Principles for an Inclusive Financial System WHITE PAPER AUGUST 2021 Images: Getty Images Contents Foreword 3 Executive summary 4 Background 5 1 The Principles explained 9 Principle 1: Inclusive by design 10 Principle 2: Integrated system 12 Principle 3: Digitally-led 14 Principle 4: Economically sustainable 16 Principle 5: Informed by data 19 Principle 6: Trusted 21 Principle 7: Effectively regulated 23 Conclusion 25 Contributors 26 Endnotes 27 Disclaimer This document is published by the World Economic Forum as a contribution to a project, insight area or interaction. The findings, interpretations and conclusions expressed herein are a result of a collaborative process facilitated and endorsed by the World Economic Forum but whose results do not necessarily represent the views of the World Economic Forum, nor the entirety of its Members, Partners or other stakeholders. © 2021 World Economic Forum. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, including photocopying and recording, or by any information storage and retrieval system. Shared Principles for an Inclusive Financial System 2 August 2021 Shared Principles for an Inclusive Financial System Foreword Ajay Banga Derek O’Halloran Executive Chairman, Head, Digital Economy and Mastercard New Value Creation Platform The set of shared principles for an inclusive financial of new players in increasingly fragmented and system introduced in this paper is not the first decentralized financial services ecosystems. attempt at articulating a comprehensive framework They should inform financial products and for advancing financial inclusion generally or services design, enabling technology design, and through digital means.
    [Show full text]
  • Cloud Computing & Financial Services for the Poor
    DIGITIZING FINANCIAL SOLUTIONS TO ADVANCE WOMEN’S ECONOMIC PARTICIPATION AUDIO TRANSCRIPT FEBRUARY 4, 2016 This document was produced for review by the United States Agency for International Development. It was prepared by the Feed the Future Knowledge-Driven Agricultural Development (KDAD) project. The views expressed are those of the author and do not represent the views of the United States Agency for International Development or the United States Government. CONTENTS Presenters........................................................................................................................................................................... 3 Presentation ...................................................................................................................................................................... 4 Questions and Answers .............................................................................................................................................. 19 2 PRESENTERS Dr Ruth Goodwin-Groen, Better Than Cash Alliance Dr Leora Klapper, World Bank 3 PRESENTATION Kristin O'Planick: Okay. Good morning. Welcome to this month's Microlinks seminar. I'm Kristin O'Planick, from USAID's Bureau for Growth, Education, and Environment. Today's seminar is a collaboration with the digital finance team in USAID's Global Development Lab. Digital finance and its intersection with gender is something USAID is closely following, especially as we see potential to build out inclusive infrastructure. If you haven't seen
    [Show full text]