Ideas to Action:

Independent research for global prosperity

Publications

 

February 25, 2016

Balancing Financial Integrity with Financial Inclusion: The Risk-Based Approach to “Know Your Customer”

Recognizing the importance of financial inclusion as a policy objective, regulators have endorsed the use of a risk-based approach (RBA) towards know-your-customer (KYC) requirements aimed at strengthening financial integrity.  This paper considers applications of the RBA in domestic banking, mobile money and international financial transactions against the features of a rigorous RBA where both the rigor and level of due diligence and the structure and balance of incentives should be proportional to the balance of risks, including that of exclusion. Recommendations include greater attention to national identification systems and to encourage the use of digital technology to shift from cash-cash wire transfers to more transparent account-account transactions between identified holders.

Finding Cash for Infrastructure in Addis: Blending, Lending, and Guarantees in Finance for Development
June 19, 2015

Finding Cash for Infrastructure in Addis: Blending, Lending and Guarantees in Finance for Development

The total scale of incremental investment requirements in infrastructure in developing countries has been estimated at around USD 1 trillion a year, with a range of related studies suggesting numbers between $815 billion to $1.3 trillion. While all such numbers are open to considerable debate, and were not designed to measure the cost of delivering the specific SDG infrastructure targets, they suggest the likely scale of the financing challenge for an SDG agenda which includes universal coverage to adequate housing, water, sanitation, modern energy and communications technologies. 

CGD Policy Paper 58 - The World Bank at 75
March 31, 2015

The World Bank at 75

This paper examines courses of action that could help the bank could adapt to shifting development priorities. It investigates how country eligibility standards might evolve and how the bank might start to break away from its traditional “loans to countries” model.