Global Cooperation

For a strong economic recovery, invest in financial resilience

Nearly 20% of adults in high-income countries lack financial resilience. Davos 2023

Nearly 20% of adults in high-income countries lack financial resilience. Image: Shutterstock

Leora Klapper
Lead Economist, World Bank
Jonathan Morduch
Professor of Public Policy and Economics, Executive Director of the Financial Access Initiative, New York University, Wagner Graduate School of Public Service
Share:
Our Impact
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:

Global Cooperation

Listen to the article

Have you read?

Financial resilience is defined as the ability to come up with emergency money equivalent to 5% of gross national income within 30 days without difficulty. Davos 2023
Financial resilience is defined as the ability to come up with emergency money equivalent to 5% of gross national income within 30 days without difficulty. Image: Global Findex Database 2021

The Global Findex 2021 data on financial resilience found that savings are the most common source of funds for adults who can come up with the money easily.
The Global Findex 2021 data on financial resilience found that savings are the most common source of funds for adults who can come up with the money easily. Image: Global Findex Database 2021

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:
Global CooperationSustainable Finance and InvestmentFairer Economies
Share:
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

What India’s G20 presidency tells us about its approach to geopolitics

Samir Saran

September 22, 2023

About Us

Events

Media

Partners & Members

  • Join Us

Language Editions

Privacy Policy & Terms of Service

© 2023 World Economic Forum