The COVID-19 pandemic increased digital adoption worldwide, as people sought alternative ways to address daily needs without face-to-face contact. Results from the latest Global Findex survey—conducted in 2021 in 123 countries with more than 125,000 respondents during the COVID-19 pandemic—offer insights into how digitalization of payments contributed to increases in financial inclusion.
In this Policy Research Talk, World Bank Lead Economist and Global Findex founder Leora Klapper will discuss the latest Global Findex findings, including increases in account ownership achieved over the past decade, how technology has expanded access to financial services, the opportunities to close the remaining gaps, and the areas that countries need to focus on moving ahead. The presentation will also highlight new findings on financial resilience and explore what the data reveal about the most effective strategies reaching those who remain unbanked.
The monthly Policy Research Talks showcase the latest findings of the World Bank’s research department, challenge and contribute to the institution’s intellectual climate, and re-examine conventional wisdom in current development theories and practice. These talks facilitate a dialogue between researchers and operational staff and inform World Bank operations both globally and within partner countries. Read More »