World Bank

Data cited at: The World Bank https://datacatalog.worldbank.org/ Topic: Global Financial Development Publication: https://datacatalog.worldbank.org/dataset/global-financial-development License: http://creativecommons.org/licenses/by/4.0/   The Global Financial Development Database is an extensive dataset of financial system characteristics for 206 economies. The database includes measures of (1) size of financial institutions and markets (financial depth), (2) degree to which individuals can and do use financial services (access), (3) efficiency of financial intermediaries and markets in intermediating resources and facilitating financial transactions (efficiency), and (4) stability of financial institutions and markets (stability).For a complete description of the dataset and a discussion of the underlying literature, see: Martin Cihak; Asli Demirguc-Kunt; Erik Feyen; and Ross Levine, 2012. "Benchmarking Financial Systems Around the World." World Bank Policy Research Working Paper 6175, World Bank, Washington, D.C.

Financial inclusion is critical in reducing poverty and achieving inclusive economic growth. When people can participate in the financial system, they are better able to start and expand businesses, invest in their children’s education, and absorb financial shocks. Yet prior to 2011, little was known about the extent of financial inclusion and the degree to which such groups as the poor, women, and rural residents were excluded from formal financial systems.  The dataset help us to know about how adults around the world manage their day-to-day finances, the Global Findex allows policy makers, researchers, businesses, and development practitioners to track how the use of financial services has changed over time. The database can also be used to identify gaps in access to the formal financial system and design policies to expand financial inclusion.

GPSS data (Accounts & Access, retail payment transactions and RTGS transactions – volumes and values). The World Bank’s Global Payment Systems Survey (GPSS) surveys national and regional central banks and monetary authorities on the status of payment systems. The GPSS is the only global survey that combines quantitative and qualitative measures of payment system development and covers all aspects of national payment systems – from infrastructure and the legal and regulatory environment to technological and business model innovations, international remittances, and oversight framework. The GPSS aims to take an accurate snapshot of payment systems worldwide to obtain information on payment system reforms and the factors which hinder and/or facilitate them in order to help guide policy-dialogue at the international and national levels, and World Bank Group technical assistance. In April 2007, the World Bank launched the first Global Payment Systems Survey among national central banks to collect information on the situation of national payment and securities settlement systems worldwide and provide a payment systems snapshot of both advanced and emerging economies in order to identify main issues that should guide the agenda of authorities, multilateral and market players in the field over the next few years.

Member countries are allocated votes at the time of membership and subsequently for additional subscriptions to capital. Votes are allocated differently in each organization. Each member receives the votes it is allocated under IDA replenishments according to the rules established in each IDA replenishment resolution. Votes consist of subscription votes and membership votes.

Data cited at: The World Bank https://datacatalog.worldbank.org/ Topic: Remittance Prices Worldwide Publication: https://datacatalog.worldbank.org/dataset/remittance-prices-worldwide License: http://creativecommons.org/licenses/by/4.0/   Provides data on the cost of sending and receiving relatively small amounts of money from one country to another. Data cover 365 "country corridors" worldwide, from 48 remittance sending countries to 105 receiving countries.

Data cited at: The World Bank https://datacatalog.worldbank.org/ Topic: Global Economic Monitor Publication: https://datacatalog.worldbank.org/dataset/global-economic-monitor License: http://creativecommons.org/licenses/by/4.0/   The dataset Provides daily updates of global economic developments, with coverage of high income- as well as developing countries. Average period data updates are provided for exchange rates, equity markets, interest rates, stripped bond spreads, and emerging market bond indices. Monthly data coverage (updated daily and populated upon availability) is provided for consumer prices, high-tech market indicators, industrial production and merchandise trade.