Why financial health should be a global priority
Financial inclusion is rising globally yet financial resilience remains stagnant for over half of adults.
Leora Klapper
Leora Klapper is a Lead Economist in the Finance and Private Sector Research Team of the Development Research Group at the World Bank. Her publications focus on corporate and household finance, fintech, banking, and entrepreneurship. She is director of the 2022 World Development Report; founder of the Global Findex database; co-editor of the World Bank Economic Review, and member of numerous advisory boards. Previously, she worked at the Board of Governors of the Federal Reserve System and Salomon Smith Barney. She holds a Ph.D. in Financial Economics from New York University Stern School of Business.
Most Popular
Financial and Monetary Systems
For a strong economic recovery, invest in financial resilience
To understand why and what can be done to increase financial resilience, it’s worth considering what we mean by “unexpected” or “emergency” expenses.
Financial and Monetary Systems
How inclusive is the global financial system?
Global Findex shows account ownership has grown across the world - three out of four adults today have a financial account, which helps them manage money.
Financial and Monetary Systems
To build financial resilience, we need to promote savings
Safe and formal ways to save and savings-promoting policies aimed at women and low-income people can help build financial resilience to deal with a sudden loss of income or unexpected exp...
Health and Healthcare Systems
COVID-19 shows why we must build trust in digital financial services
The pandemic proves that trust in digital financial digital services is crucial - and often absent. Here's how to use this moment to start building it up.
Health and Healthcare Systems
新型コロナウイルス感染拡大からの復興を、女性にとってより包摂的に行う2つの方法
企業は今こそ、女性がパンデミックによる経済的な影響からの立ち直るための長期的な変化を支援するため、基盤を築くべきです。世界銀行グループは、新しい報告書「デジタル社会における女性のための金融包摂の推進」の中で、デジタル社会における女性の金融包摂を利用して、女性の経済参加を促す10の政策オプションを打ち立てています。ここでは、そのうちの2つをご紹介します。
Health and Healthcare Systems
Two ways to make the COVID-19 recovery more inclusive for women
The COVID-19 recovery is the perfect time to improve access to financial services for underserved women across the world. Here are two places to start.
Financial and Monetary Systems
Get out, stay out: how financial resilience helps end poverty
Sustainable development shouldn't just help the poor into prosperity - it should prevent people becoming poor in the first place. Mobile money technology can play a big role in building f...
Financial and Monetary Systems
How this one change can help people fight poverty
The world's 800 million extremely poor people manage highly complicated budgets on very tight margins. An economist presents a surprisingly simple solution.
Nature and Biodiversity
Smaller businesses lack the financing to be sustainable. Here's how we can help
The push for sustainability is good for workers and for the environment. However, many small and medium enterprises do not have the money needed to adapt.
Economic Growth
This is how a universal basic income can end financial exclusion
There's a good reason why more than 90% of adults in Mongolia and Iran have a bank account: without one you can't get money from the government.
Emerging Technologies
5 ways digital finance can help people escape poverty
Almost half of adults in emerging economies still lack basic financial services. Here are five ways to help more people benefit from digital finance.
Financial and Monetary Systems
People are escaping poverty with the help of digital finance. How should we measure that?
Today, a mobile phone can be used by women in Hyderabad to pay their gas bill, by young people in Hanoi to quickly send money to their parents living in a rural village, and by farmers in...
Economic Growth
How mobile phones are changing women's lives
For women in developing nations, mobile phones can lead to independence, employment and access to public services.
Equity, Diversity and Inclusion
Could the digital revolution get more women into work?
In some countries, progress with women's economic participation has actually reversed. Could digital technologies be the solution we're looking for?