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“Global Financial Development Report” is published by
  • a)
    International Monetary Fund
  • b)
    World Economic Forum
  • c)
    United Nations Economic and Social Council (UNECOSOC)
  • d)
    World Bank
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
“Global Financial Development Report” is published bya)Int...
Learning: The recently published report suggests a key role for long-term finance:
Use of long-term finance is more limited in developing countries, particularly among smaller firms and poorer individuals.
Where it exists, the bulk of long-term finance is provided by banks; use of equity, including private equity, is limited for firms of all sizes.
The global financial crisis of 2008 has also led to a reduction in leverage and use of long-term debt for developing country firms.
Market failures and policy distortions have a disproportionate effect on long-term finance, suggesting an important role for policies that address these failures and distortions.
Sustainably extending the maturity structure of finance is a key policy challenge since long-term finance can be an important contributor to economic growth and shared prosperity.
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“Global Financial Development Report” is published bya)International Monetary Fundb)World Economic Forumc)United Nations Economic and Social Council (UNECOSOC)d)World BankCorrect answer is option 'D'. Can you explain this answer?
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