An increasingly prominent and disruptive force in the financial services sector, financial technology ( fintech) comprises any innovative or technology-based financial service offered to consumers or businesses. Often viewed as a competitor to traditional financial service providers, fintech fills gaps left by the formal sector, offering an...
As the world’s nations and businesses become increasingly interconnected, so too does the flow of global migration. According to the OECD’s “International Migration Outlook 2018”, in 2017 some 258m people resided in a country other than the one they were born in and more than 5m foreign-born persons settled in OECD countries. The flow of...
Recent decades have seen a downward convergence in corporate tax regimes as advanced, emerging and developing economies moved to grab a bigger slice of the global investment pie. Headline corporate tax rates have fallen by 20 percentage points since the early 1980s. Alongside lower average rates, special tax incentives aimed at capturing...
How is the need for infrastructure project funding being addressed by the financial services sector?
As financial technology (fintech) has penetrated underserved markets, to what extent can it be regarded a disruption to the banking sector?
The Indonesian rupiah slumped for most of 2018, but with the currency enjoying a comeback against key global currencies such as the US dollar in early 2019, the authorities appear to have warded off a major threat to growth. The policy decisions of 2018, including monetary policy and import replacement, affirmed a sense of long-term economic...
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