This study examines the influence of microfinance institutions’ (MFIs) financial innovation on structural transformation. For this purpose, we considered a household survey from Nepal. The survey collected data
employers can enable workers to improve their skills and make significant career shifts without fully pausing their productivity. MGIresearch on career pathwaysshows that, for example, cashiers have skills that, with training, can put them on a path to sales manager positions, an occupation set...
economies in Southeast Asia, described by the World Bank as a “development success story”23. Economic reforms and beneficial global trends have helped transform it from one of the world’s poorest nations into a middle-income economy with a GDP per capita forecast to reach US$4.72k in ...
See Table 1 for examples of data used in the estimation of each (sub)dimension of the KOF globalization index we use in this study. Table 1 Dimensions and sub-components of Globalizationa Full size table Globalization appears to improve population health outcomes such as infant mortality rate ...
3.1K Periods of economic growth are those in which people are working and spending more and moving the economy toward its full potential output. Explore how economic productivity leads to growth, and how monetary and fiscal policy control growth in order to prevent inflation. Related...
States have also started adjusting their taxation systems to provide additional relief. Many have, for example, extended income tax and property tax filing deadlines. They could, however, draw upon historical precedent to go further. In the wake of Hurricane Katrina, Congress pa...
Rwanda aims to become a cashless economy by 2024. In late 2018, the nation’s central bank launched a regulatory sandbox for testing digital payment solutions. Clearly, given the diversity of economic systems around the world, there’s no single solution that will guarantee a seamless transition...
Socially sustainable practices of MNBs positively impact access to 1) a bank account, 2) credit, and 3) savings among the lowest-income groups in developing countries. • When MNBs combine socially sustainable practices with their business model, they build trust and reduce risks in the develo...
Subnational governments are key players in the provision and delivery of public goods and services. Decentralisation to local governments is a common strategy to improve responsiveness, tailor services to local needs, and improve efficiency (Oates,2005; Balaguer-Coll et al.,2010; Faguet,2014; Martine...
In other words, Mexico's output per capita has grown more slowly than that of Canada or the U.S. This is despite the fact that, normally, one would expect anemerging market economy'sgrowth to outpace that of developed economies.