Click here for search results
Electronic finance - a new approach to financial sector development ?, Volume 1
Author:Claessens, Stijn; Glaessner, Thomas; Klingebiel, Daniela; Date Stored:2002/09/19
Document Date:2002/03/31Document Type:Publication
SubTopics:Knowledge Economy; Banks & Banking Reform; Education for the Knowledge Economy; Health Economics & Finance; Financial IntermediationISBN:ISBN 0-8213-5104-4
Language:EnglishMajor Sector:Finance
Report Number:WDP431Sub Sectors:(Historic)Other finance
Collection Title:World Bank discussion paper ; no. WDP 431Volume No:1

Summary: In recent years, electronic finance, especially online banking, and brokerage services, has reshaped the financial landscape. This paper reviews these developments, and analyzes their implications for consumers, governments, and financial service providers. First, it reviews the e-finance (r)evolution in emerging, and other markets, and projects its future growth. It then analyzes e-finance impact on the structure of, and competition in the financial services industry. After that, it assesses how e-finance, and globalization more generally, affects financial sector policies in emerging markets, including the need for changes in the approach to financial sector development. The paper then examines governments' changing role in the financial sector, and identifies opportunities that e-finance offers countries to leapfrog. Finally, the paper includes for policymakers, and others involved in financial sector reform in emerging markets, detailed information, and Web links on public policy activities related to e-finance.

Official Documents
Official, scanned versions of documents (may include signatures, etc.)
File TypeDescriptionFile Size (mb)
PDF 112 pagesOfficial version*7.84 (approx.)
TextText version**
How To Order

* The official version is derived from scanning the final, paper copy of the document and is the official,
archived version including all signatures, charts, etc.
** The text version is the OCR text of the final scanned version and is not an accurate representation of the final text.
It is provided solely to benefit users with slow connectivity.

Permanent URL for this page: