Financial RevolutionWorld-wide banking sector is inspired to see the new innovations that can make it better as well as living to see that every financial transaction becomes bankable and formal; the East-African region has been very far from such a dream. But now even people that are rural,...
the term knowledge economy was used to denote a combination of the Information and Communications Technology (ICT) sector, digital media and e-commerce. However, the digital revolution in the last two decades has made digital business models much more widespread; this new...
The digital revolution adds new layers to the material cultures of financial(ised) inclusion, offering the state new ways of expanding the inclusion of the 'legible', and global finance new forms of 'profiling' poor households into generators of financial assets. 展开 ...
Indeed, the spread has been so rapid that China has become its major driver with India emerging as one as well. This paper is devoted to two aspects of the Digital Revolution as it impacts India: financial technology or fintech, and innovation and entrepreneurship. As in other countries, ...
In Chapter 3, we explore six megatrends driving digital innovation in China: The great retail integration; The virtualization of services; The mobility revolution; Digitization of social life; Industrial IOT / supply chain digitization; and digital urbani...
Bleak predictions of China stem from poor understanding By Wang Wen If a few years ago, someone said that China's rise had ended and China was declining, no one would have believed it. But this argument has resurfaced in the last half...
digital transformation provides evidence for policymakers due to the vital role of innovation in economic development (Kamalaldin et al.2021). China has been one of the countries with the fastest digital development in recent years,Footnote4and its financial market has remained stable during COVID-...
The study aims to identify the determinants of digital financial inclusion (DFI) and its role in micro enterprises’ ease of doing business. The study is based on the World Bank’s Enterprises Survey of Micro Firms (ESM) 2022 data of 998 micro-enterprises. The variables that measure access ...
-- We have unleashed the power of innovation and built up momentum for development. Under the GDI, we have prioritized green development, new-type industrialization, the digital economy and some other key areas, and pursued a Partnership on New Industrial Revolution to boost high-quality developmen...
Economic frictions such as information asymmetries and economic forces such as economies of scale and scope give rise to financial intermediaries. These frictions and forces also shape market structure. While technological advances are not new to finance, digital innovation has brought major improvements ...