Harnessing Digitization For Remittances In Asia And The Pacific
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Harnessing Digitization For Remittances In Asia And The Pacific
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Author :
language : en
Publisher:
Release Date : 2021
Harnessing Digitization For Remittances In Asia And The Pacific written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with categories.
Harnessing Digitization For Remittances In Asia And The Pacific
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Author : Asian Development Bank
language : en
Publisher:
Release Date : 2021-07-16
Harnessing Digitization For Remittances In Asia And The Pacific written by Asian Development Bank and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-07-16 with categories.
This report looks at the benefits of digitization for remittances in Asia and the Pacific. Remittances are considered a lifeline of developing countries and are especially vital for migrants and their families. Digital data technology can help alleviate many of the "pain-points" in the remittances industry. For example, it can significantly enhance the convenience, speed, security, and affordability of sending and receiving remittances. The report discusses the importance of remittances in Asia and the Pacific, the key challenges faced by the industry, and the impacts of the coronavirus disease (COVID-19) pandemic. It also includes country case studies that demonstrate the benefits of digitization and makes recommendations on how the digitization of remittances across the region can be further advanced.
Harnessing Technology For More Inclusive And Sustainable Finance In Asia And The Pacific
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Author : Asian Development Bank
language : en
Publisher: Asian Development Bank
Release Date : 2018-10-01
Harnessing Technology For More Inclusive And Sustainable Finance In Asia And The Pacific written by Asian Development Bank and has been published by Asian Development Bank this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-01 with Business & Economics categories.
Asia and the Pacific continues to embrace financial technology advances that are reshaping the traditional banking and financial services industry. This is being done through the digitalization, decentralization, and disintermediation of economic transactions. This report tracks the progress of financial innovation in the region, and discusses its implications for financial inclusion and stability as well as its challenges. It also identifies key policy issues for central banks, financial regulators, and international financial institutions.
Financial Digitalization And Its Implications For Asean 3 Regional Financial Stability
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Author : Asian Development Bank
language : en
Publisher: Asian Development Bank
Release Date : 2023-02-01
Financial Digitalization And Its Implications For Asean 3 Regional Financial Stability written by Asian Development Bank and has been published by Asian Development Bank this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-02-01 with Business & Economics categories.
This publication examines the impact of digitalization on the financial stability of the members of the Association of Southeast Asian Nations and the People’s Republic of China, Japan, and the Republic of Korea (ASEAN+3). The region is a global leader in digital financial services, and economic and financial links among ASEAN+3 markets are growing. The publication discusses the opportunities and risks of digitalization, explores how to manage financial integration in the digital era, and identifies changes in regulations and supervision needed to reduce risk and successfully transform the traditional banking model.
Harnessing Digitization For Remittances In Asia And The Pacific
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FREE 30 Days
Author : Asian Development Bank
language : en
Publisher: Asian Development Bank
Release Date : 2021-07-01
Harnessing Digitization For Remittances In Asia And The Pacific written by Asian Development Bank and has been published by Asian Development Bank this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-07-01 with Business & Economics categories.
Remittances are considered a lifeline of developing countries and are especially vital for migrants and their families. Digital data technology can help alleviate many of the “pain-points” in the remittances industry. For example, it can significantly enhance the convenience, speed, security, and affordability of sending and receiving remittances. This report discusses the importance of remittances in Asia and the Pacific, the key challenges faced by the industry, and the impacts of the coronavirus disease (COVID-19 pandemic. It also includes country case studies that demonstrate the benefits of digitization and makes recommendations on how the digitization of remittances across the region can be further advanced.
Asian Economic Integration Report 2021
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Author : Asian Development Bank
language : en
Publisher:
Release Date : 2021-02-10
Asian Economic Integration Report 2021 written by Asian Development Bank and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-02-10 with categories.
The Promise Of Fintech
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Author : Ms.Ratna Sahay
language : en
Publisher: International Monetary Fund
Release Date : 2020-07-01
The Promise Of Fintech written by Ms.Ratna Sahay and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-07-01 with Business & Economics categories.
Technology is changing the landscape of the financial sector, increasing access to financial services in profound ways. These changes have been in motion for several years, affecting nearly all countries in the world. During the COVID-19 pandemic, technology has created new opportunities for digital financial services to accelerate and enhance financial inclusion, amid social distancing and containment measures. At the same time, the risks emerging prior to COVID-19, as digital financial services developed, are becoming even more relevant.
Key Indicators For Asia And The Pacific 2021
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Author : Asian Development Bank
language : en
Publisher:
Release Date : 2021-08-24
Key Indicators For Asia And The Pacific 2021 written by Asian Development Bank and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-08-24 with categories.
This publication provides updated statistics on a comprehensive set of economic, financial, social, and environmental measures as well as select indicators for the Sustainable Development Goals (SDGs). The report covers the 49 regional members of ADB. It discusses trends in development progress and the challenges to achieving inclusive and sustainable economic growth across Asia and the Pacific. This 52nd edition discusses how the COVID-19 pandemic has intensified the challenges of meeting development targets, which needed urgent attention even before the global health crisis began. To put into practice the "leave no one behind" principle of the SDGs, the availability of more detailed and informative data is crucial. With the pandemic intensifying society's reliance on digital platforms for remote working and learning, as well as for shopping and entertainment, the 2021 report features a special supplement, Capturing the Digital Economy: A Proposed Measurement Framework and Its Applications, which is rooted in input-output analysis and uses readily available national accounts data. The study provides a sound basis on which to assess the relative importance of the digital economy in national and global production processes.
The Impact Of Remittances On Economic Activity The Importance Of Sectoral Linkages
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Author : Hector Perez-Saiz
language : en
Publisher: International Monetary Fund
Release Date : 2019-08-16
The Impact Of Remittances On Economic Activity The Importance Of Sectoral Linkages written by Hector Perez-Saiz and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-08-16 with Business & Economics categories.
We propose a simple macroeconomic model with input-output sectoral linkages based on Acemoglu et al. (2016) to quantify how changes in aggregate demand due to additional income from household’s remittances propagates through the network of input-output linkages in Sub-Saharan African countries. We first propose two network centrality measures to assess the role of some sectors as key input providers in the economy. Then, we use these measures to quantify the effect of sectoral linkages on sectoral and total output following an increase in remittances inflows. Our empirical results suggest that the effects of remittances on recipient economies increase with the degree of linkages across sectors, which is especially prominent in the case of the financial intermediation sector. Our paper contributes to the emerging macroeconomic literature on the propagation of shocks across sectors and the implications for the whole economy.
Digital Finance And Inclusion In The Time Of Covid 19
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Author : Benni, N.
language : en
Publisher: Food & Agriculture Org.
Release Date : 2021-01-04
Digital Finance And Inclusion In The Time Of Covid 19 written by Benni, N. and has been published by Food & Agriculture Org. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-01-04 with Technology & Engineering categories.
The COVID-19 pandemic has impacted digital financial inclusion trends across the world in many and complex ways. In developing and emerging contexts, this crisis also holds the potential to propel an unprecedented acceleration in the process of financial digitization and turn out to be a game-changer for digital financial inclusion. The aim of this study is to illustrate the opportunities and risks associated with the surge in uptake and use of digital financial service, providing ideas on how to leverage the paradigm changes affecting the overall approach and perspective towards digital financial services – on the part of various stakeholders – to advance financial inclusion and development. It also seeks to showcase how digital financial services have been used – in both traditional and innovative ways – to mitigate the impact of the COVID-19 crisis on economies and societies, by both public and private actors.