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Global Financial Development Report 2015/2016

Global Financial Development Report 2015/2016 is the third in a World Bank series. It provides a unique contribution to financial sector policy debates, building on novel data, surveys, research, and wide-ranging country experience, with emphasis on emerging markets and developing economies. The r...

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Main Author: World Bank
Format: Online
Language:en_US
Published: Washington, DC 2015
Subjects:
Online Access:https://hdl.handle.net/10986/22543
https://doi.org/10.1596/978-1-4648-0472-4
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author World Bank
author_facet World Bank
author_sort World Bank
collection Publicaciones regionales/sectoriales principales
description Global Financial Development Report 2015/2016 is the third in a World Bank series. It provides a unique contribution to financial sector policy debates, building on novel data, surveys, research, and wide-ranging country experience, with emphasis on emerging markets and developing economies. The report’s findings and policy recommendations are relevant for policy makers; staff of central banks, ministries of finance, and financial regulation agencies; nongovernmental organizations and donors; academics and other researchers and analysts; and members of the finance and development community. This year’s report focuses on long-term finance—equity or debt financing with maturity exceeding one year—and establishes its importance for economic development. Extending the maturity structure of finance is often considered to be at the core of sustainable financial development. It is needed for private sector construction of plants and investment in machinery and equipment, as well as financing infrastructure investments. Without long-term finance households cannot invest in housing or education, or benefit from higher long-term returns on their savings. Attempts at directly boosting the supply of long-term finance have not been free of controversy, and have sometimes led to substantial costs to taxpayers. The report emphasizes that governments and international bodies must focus on reforms that help overcome market failures and institutional and policy weaknesses. They must also improve risk and information sharing, and promote financial literacy and consumer protection. The report also tracks financial systems in more than 200 economies before and during the global financial crisis.
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spelling wb-10986-225432025-04-16T04:51:54Z Global Financial Development Report 2015/2016 Long-Term Finance World Bank banks capital markets corporate finance financial development household finance institutional investors long-term finance Global Financial Development Report 2015/2016 is the third in a World Bank series. It provides a unique contribution to financial sector policy debates, building on novel data, surveys, research, and wide-ranging country experience, with emphasis on emerging markets and developing economies. The report’s findings and policy recommendations are relevant for policy makers; staff of central banks, ministries of finance, and financial regulation agencies; nongovernmental organizations and donors; academics and other researchers and analysts; and members of the finance and development community. This year’s report focuses on long-term finance—equity or debt financing with maturity exceeding one year—and establishes its importance for economic development. Extending the maturity structure of finance is often considered to be at the core of sustainable financial development. It is needed for private sector construction of plants and investment in machinery and equipment, as well as financing infrastructure investments. Without long-term finance households cannot invest in housing or education, or benefit from higher long-term returns on their savings. Attempts at directly boosting the supply of long-term finance have not been free of controversy, and have sometimes led to substantial costs to taxpayers. The report emphasizes that governments and international bodies must focus on reforms that help overcome market failures and institutional and policy weaknesses. They must also improve risk and information sharing, and promote financial literacy and consumer protection. The report also tracks financial systems in more than 200 economies before and during the global financial crisis. 2015-08-25T18:51:48Z 2015-08-25T18:51:48Z 2015-09-14 Book Livre Libro 978-1-4648-0472-4 2304-957X https://hdl.handle.net/10986/22543 https://doi.org/10.1596/978-1-4648-0472-4 en_US Global Financial Development Report; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank application/pdf application/pdf Washington, DC
spellingShingle banks
capital markets
corporate finance
financial development
household finance
institutional investors
long-term finance
World Bank
Global Financial Development Report 2015/2016
title Global Financial Development Report 2015/2016
title_full Global Financial Development Report 2015/2016
title_fullStr Global Financial Development Report 2015/2016
title_full_unstemmed Global Financial Development Report 2015/2016
title_short Global Financial Development Report 2015/2016
title_sort global financial development report 2015 2016
topic banks
capital markets
corporate finance
financial development
household finance
institutional investors
long-term finance
url https://hdl.handle.net/10986/22543
https://doi.org/10.1596/978-1-4648-0472-4
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