Overview

Since the first Financial Development Report was printed, global leaders have mounted an extraordinary response to a financial crisis, the effects of which have wrinkled across all regions and levels of society. The exigency of the threat to the global economy and our collective prosperity has required pragmatic and at times inventive responses that transcended the conventions of recent history. As with past crises and episodes of dramatic change, decisions made now have the potential to impact generations to come. New global governance and cooperation models are needed that are commensurate with the realities of increasing financial integration and economic interdependence. As dialogue and consensus develop on new models for global financial governance, it is vital to bring a balanced and rich perspective to bear on these decisions. It is not only the more visible decisions at the global level that matter but also those taken at the regional and local levels, which have the potential to build more robust financial systems that help extend prosperity to all. This book is about discovering methods and ways of financial inclusion.

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