The paper will focus on the resolution frameworks of a sample of 12 countries taken from 6 regions. The review of the sample countries is used to analyze issues that may be relevant for other countries and to discuss potential challenges faced in implementing effective safeguards. The remainder...

FinTech Note is a World Bank Group (WBG) series that explores the role of FinTech (the confluence of 'finance' and 'technology') in economic development, with an emphasis on financial inclusion. The purpose of this note is threefold. First, by bringing together in single resource key...

China considers innovation be one of the key drivers of its future growth and convergence with more developed countries. It spends more than 2.2 percent of GDP on R&D, above the average for the European Union, is a global leader in domestic patents, and has developed groundbreaking advances in...

There are compelling reasons for asset owners – in particular large pension funds and sovereign wealth funds – to adopt sustainable investment, and for governments to support them in these endeavors. First, asset owners have a key role to play in providing the capital that supports national...

The Human Capital Index (HCI is a cross-country metric measuring the human capital that a child born today can expect to attain by her 18th birthday, given the risks of poor health and poor education prevailing in her country. The global HCI is calculated for 157 countries using national...

Appropriate and effective regulatory frameworks remain crucial for ensuring that investments in infrastructure are done strategically and efficiently. Benchmarking infrastructure development 2020 assesses the regulatory quality for preparation, procurement, and management of large infrastructure...

This report aims to present the rationale for digitization of agribusiness payments in Sub-Saharan Africa (SSA), assess the current status of digitization using demand and supply-side data, and identify key actions that can help accelerate digitization. The report draws on an analysis of...

Multifamily residential buildings in earthquake-prone cities across Central Europe, Balkans, and Central Asia have proved to be vulnerable and have revealed several structural deficiencies during previous earthquake events. Earthquakes in these regions have damaged certain types of multifamily...

Over the last twenty years, Morocco has invested massively in infrastructure. At the macroeconomic level, total investment of between 25 percent and 38 percent of gross domestic product (GDP) occurred between 2001 and 2017, one of the highest rates of investment globally. Much of this investment...

Removing regulatory barriers in services is key to unlocking productivity in Croatia. Croatia has more restrictive regulations than most other EU member states, and prior World Bank research shows that the economic gains to reforms are the highest out of all EU countries. This report provides...