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  • 1
    UID:
    almafu_9959269258302883
    Format: 1 online resource (23 pages)
    Series Statement: Policy research working papers.
    Content: This paper studies the relationship between the level of economic development and the incidence of three forms of payments across countries, namely the incidence of bank accounts, digital payments, and mobile money accounts among the adult populations across countries. It presents simple statistical tests of leapfrogging, the phenomenon by which poor countries surpass rich countries in the provision of payments mechanisms. It contributes to a broader and long-standing literature on stages of development, as well as to the literature on financial development and access to finance. The findings suggest that there is evidence of "absolute" and "relative" leapfrogging, with both terms defined in the paper. In addition, the Middle East and North Africa region, on average, suffers from a notable underperformance gap across all observed stages of payment-systems development. This finding suggests that the region suffers from structural impediments to the development of its financial and banking systems that go well beyond the adoption of digital-technology tools.
    Language: English
    URL: Volltext  (kostenfrei)
    Library Location Call Number Volume/Issue/Year Availability
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  • 2
    Online Resource
    Online Resource
    [Washington, DC, USA] : World Bank Group, Middle East and North Africa Region, Office of the Chief Economist
    UID:
    gbv_1700576682
    Format: 1 Online-Ressource (circa 23 Seiten) , Illustrationen
    Series Statement: Policy research working paper 9104
    Content: This paper studies the relationship between the level of economic development and the incidence of three forms of payments across countries, namely the incidence of bank accounts, digital payments, and mobile money accounts among the adult populations across countries. It presents simple statistical tests of leapfrogging, the phenomenon by which poor countries surpass rich countries in the provision of payments mechanisms. It contributes to a broader and long-standing literature on stages of development, as well as to the literature on financial development and access to finance. The findings suggest that there is evidence of "absolute" and "relative" leapfrogging, with both terms defined in the paper. In addition, the Middle East and North Africa region, on average, suffers from a notable underperformance gap across all observed stages of payment-systems development. This finding suggests that the region suffers from structural impediments to the development of its financial and banking systems that go well beyond the adoption of digital-technology tools
    Additional Edition: Erscheint auch als Druck-Ausgabe Gevaudan Clement Stages Of Development Of Payment Systems: Leapfrogging Across Countries And MENA's Place In The World Washington, D.C : The World Bank, 2019
    Language: English
    Keywords: Graue Literatur
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  • 3
    UID:
    b3kat_BV048303520
    Format: 1 Online-Ressource , Diagramme
    ISBN: 9781464816642
    Additional Edition: Erscheint auch als Druck-Ausgabe ISBN 978-1-4648-1663-5
    Language: English
    URL: Volltext  (kostenfrei)
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  • 4
    UID:
    gbv_1807747719
    Format: 1 Online-Ressource (94 pages)
    Content: The argument that digitalization fosters economic activity has been strengthened by the global COVID-19 pandemic. Because digital technologies are general-purpose technologies that are usable across a wide variety of economic activities, the gains from achieving universal coverage of digital services are likely to be large and shared throughout each economy. However, the Middle East and North Africa region suffers from a "digital paradox": the region's population uses social media more than expected for its level of gross domestic product (GDP) per capita but uses the internet or other digital tools to make payments less than expected. The Upside of Digital for the Middle East and North Africa: How Digital Technology Adoption Can Accelerate Growth and Create Jobs presents evidence that the socioeconomic gains of digitalizing the economies of the region are huge: GDP per capita could rise by more than 40 percent; manufacturing revenue per unit of factors of production could increase by 37 percent; employment in manufacturing could rise by 7 percent; tourist arrivals could rise by 70 percent, creating jobs in the hospitality sector; long-term unemployment rates could fall to negligible levels; and female labor force participation could double to more than 40 percent. To reap these gains, universal access to digital services is crucial, as is their widespread use for economic purposes. The book explores how fast the region could approach universal coverage, whether targeting the rollout of digital infrastructure services makes a difference, and what is needed to increase the use of digital payment tools. The authors find that targeting underserved populations and areas can accelerate the achievement of universal access, while fostering competition and improving the functioning of financial and telecommunications sectors can encourage the adoption of digital technologies. In addition, building societal trust in the government and in related institutions such as banks and financial services is critical for fostering the increased use of digital payment tools
    Additional Edition: Erscheint auch als Druck-Ausgabe ISBN 9781464816635
    Language: English
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  • 5
    UID:
    edoccha_9959269258302883
    Format: 1 online resource (23 pages)
    Series Statement: Policy research working papers.
    Content: This paper studies the relationship between the level of economic development and the incidence of three forms of payments across countries, namely the incidence of bank accounts, digital payments, and mobile money accounts among the adult populations across countries. It presents simple statistical tests of leapfrogging, the phenomenon by which poor countries surpass rich countries in the provision of payments mechanisms. It contributes to a broader and long-standing literature on stages of development, as well as to the literature on financial development and access to finance. The findings suggest that there is evidence of "absolute" and "relative" leapfrogging, with both terms defined in the paper. In addition, the Middle East and North Africa region, on average, suffers from a notable underperformance gap across all observed stages of payment-systems development. This finding suggests that the region suffers from structural impediments to the development of its financial and banking systems that go well beyond the adoption of digital-technology tools.
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
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  • 6
    UID:
    edocfu_9959269258302883
    Format: 1 online resource (23 pages)
    Series Statement: Policy research working papers.
    Content: This paper studies the relationship between the level of economic development and the incidence of three forms of payments across countries, namely the incidence of bank accounts, digital payments, and mobile money accounts among the adult populations across countries. It presents simple statistical tests of leapfrogging, the phenomenon by which poor countries surpass rich countries in the provision of payments mechanisms. It contributes to a broader and long-standing literature on stages of development, as well as to the literature on financial development and access to finance. The findings suggest that there is evidence of "absolute" and "relative" leapfrogging, with both terms defined in the paper. In addition, the Middle East and North Africa region, on average, suffers from a notable underperformance gap across all observed stages of payment-systems development. This finding suggests that the region suffers from structural impediments to the development of its financial and banking systems that go well beyond the adoption of digital-technology tools.
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
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  • 7
    UID:
    almahu_9949420381002882
    Format: 1 online resource (99 pages)
    Edition: 1st ed.
    ISBN: 9781464816642
    Note: Front Cover -- Contents -- Acknowledgments -- About the Authors -- Executive Summary -- Abbreviations -- 1 Introduction -- References -- 2 The Digital Paradox in the Middle East and North Africa and the Upside of Digital Technologies -- Notes -- References -- 3 Framework for Understanding the Upside of the Digital Economy -- References -- 4 How Digital Technologies Help to Overcome Market Frictions -- Overcoming Frictions due to Information Asymmetries on Ride-Hailing Platforms -- Overcoming Transport Frictions: IT Sector and Mobility Barriers in West Bank -- Tourism Demand: Overcoming Frictions Associated with Geography and Language Barriers -- Notes -- References -- 5 The Upside of Digital: Empirical Framework and Results -- Lower-Bound Estimates of the Upside of the Digital Economy -- Gains in GDP per Capita -- Gains in Revenue Productivity and Employment in Manufacturing -- Gains in Tourism and Hospitality Industry Jobs -- Reductions in Unemployment and Increases in Female Labor Force Participation -- Summary of the Upside Impact of Digital Technologies -- Notes -- References -- 6 Three Foundational Pillars of the Digital Economy -- Digital Infrastructure -- Digital Payments -- Regulations for E-commerce -- Notes -- References -- 7 Addressing Challenges and Mitigating Risks -- Liberalization and Competition as Drivers of Mobile Digital Data Technology Adoption -- Competition in the Digital Services Market -- Risk Associated with Digital Social Media -- Data Governance -- Data Privacy in Managing the COVID-19 Pandemic -- Notes -- References -- 8 Summary and Conclusions -- Appendix A: Modeling the Relationship between Digital Payments, Bank Regulation, and Banking System Development -- Appendix B: Benchmark Regressions: Graphs and Statistics -- Appendix C: Description of New Mobile Data Technology Adoption Rankings -- Boxes. , Box 5.1 Empirical Framework for Estimating the Upside of Digital Technologies -- Box 7.1 Four Main Data Governance Paradigms -- Figures -- Figure 2.1 Penetration of Facebook Accounts and Use of Digital Payments, by Region -- Figure 2.2 Correlation between Transparency, Trust, and Use of Digital Payments Worldwide -- Figure 3.1 Framework for Understanding the Interactions between the Development of Digital Infrastructure, Use of Digital Tools, and Societal Trust in Government -- Figure 4.1 Share of Drivers Working Each Week in the Arab Republic of Egypt, by Driver Quality, 2018 -- Figure 4.2 Volume of Orders for Courier or Delivery Services in Jakarta, Indonesia, by Gender of the Driver, 2020 -- Figure 4.3 Change in Demand for Tourism Services, by Determinant -- Figure 5.1 Simulated Schedules for Diffusion of Digital Technology, 2017-50: Linear, Concave, and Logit Functions -- Figure 5.2 The Upside of Digital: Cumulative Gains in GDP per Capita in the Middle East and North Africa and in Sub-Saharan Africa, 2017-45 -- Figure 5.3 Digital Adoption and Export Complementarities: The Issue of Targeting -- Figure 5.4 Cumulative Gains in Revenue Productivity in Formal Manufacturing Enterprises in the Middle East and North Africa and in Sub-Saharan Africa, with Perfect Targeting and with No Targeting -- Figure 5.5 Employment Gains from Website Adoption in the Middle East and North Africa and in ­Sub-Saharan Africa, with Perfect Targeting and with No Targeting -- Figure 5.6 Estimated Gains in Tourist Arrivals due to the Adoption of B2C Tools in the Middle East and North Africa and in Sub-Saharan Africa, 2017-47 -- Figure 5.7 Estimated Gains in Tourism-Related Employment due to B2C Digital Technology Adoption in the Middle East and North Africa and in Sub-Saharan Africa, 2017-47. , Figure 5.8 Decline in Unemployment due to the Diffusion of Digital Payments in the Middle East and North Africa and in Sub-Saharan Africa, 2017-33 -- Figure 5.9 Correlation between Digital Payments and Female Labor Force Participation, 2017 -- Figure 5.10 Potential Increase in Female Labor Force Participation Rates from the Diffusion of Digital Payments in the Middle East and North Africa and in Sub-Saharan Africa, 2017-49 -- Figure 6.1 Benchmarking the Regulatory Framework for E-commerce, by Country Income Level -- Figure 7.1 Mobile Technology Adoption Rankings in the Middle East and North Africa and in Sub-Saharan Africa, 1981-2019 -- Figure 7.2 ICT Regulatory Authority Independence Index in the Middle East and North Africa and in Sub-Saharan Africa and by Country Income Group, 2017 -- Figure 7.3 Share of Liberalized Countries in the Middle East and North Africa and in Sub-Saharan Africa, 2000-18 -- Figure 7.4 Share of Foreign Participation in the Middle East and North Africa and in Sub-Saharan Africa, 2000-18 -- Figure B.1 Coverage of Information and Communication Technology Infrastructure in the Middle East and North Africa and Rest of the World, by GDP per Capita, 2019 -- Figure B.2 Facebook and Internet Use in the Middle East and North Africa and Rest of the World, by GDP per Capita -- Figure B.3 Digital Payments and Online Purchases in the Middle East and North Africa and Rest of the World, by GDP per Capita -- Figure B.4 Use of Financial Accounts in the Middle East and North Africa and Rest of the World, by GDP per Capita, 2017 -- Figure B.5 Download Speeds in the Middle East and North Africa and Rest of the World, by GDP per Capita, 2019 -- Figure B.6 User Prices of Data in the Middle East and North Africa and Rest of the World, by GDP per Capita, 2019. , Figure C.1 Mobile Technology Adoption Rankings in the Middle East and North Africa and in Sub-Saharan Africa, 1981-2019 -- Figure C.2 ICT Regulatory Authority Independence Index in the Middle East and North Africa and in Sub-Saharan Africa and by Country Income Group, 2017 -- Figure C.3 Share of Liberalized Countries in the Middle East and North Africa and in Sub-Saharan Africa, 2000-18 -- Figure C.4 Share of Foreign Participation in the Middle East and North Africa and in Sub-Saharan Africa, 2000-18 -- Tables -- Table 4.1 Change in Industry Shares of GDP in the Presence of Mobility Restrictions in West Bank, 1995-2017 -- Table 4.2 Simulated Change in GDP in the Presence of Mobility Restrictions -- Table 7.1 Technology Adoption, Liberalization, and Regulatory Independence -- Table 7.2 Data Stewardship in a Data Governance Framework -- Table 7.3 Regulation on Data Privacy in the Middle East and North Africa -- Table A.1 Relationships between Banking Restrictions, Financial Development, and Digital Payments -- Table A.2 Description of Variables -- Table B.1 ICT Infrastructure Coverage -- Table B.2 ICT Adoption-Digital Finance -- Table B.3 ICT Adoption-Enterprises and E-commerce -- Table B.4 ICT Enablers-E-Government Development Index Subindexes -- Table B.5 ICT Enablers-Quality of Institutions.
    Additional Edition: Print version: Cusolito, Ana Paula The Upside of Digital for the Middle East and North Africa Washington, D. C. : World Bank Publications,c2021 ISBN 9781464816635
    Language: English
    Keywords: Electronic books.
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  • 8
    UID:
    gbv_175962361X
    Format: 1 Online-Ressource
    Series Statement: Policy Research Working Paper No. 9104
    Content: This paper studies the relationship between the level of economic development and the incidence of three forms of payments across countries, namely the incidence of bank accounts, digital payments, and mobile money accounts among the adult populations across countries. It presents simple statistical tests of leapfrogging, the phenomenon by which poor countries surpass rich countries in the provision of payments mechanisms. It contributes to a broader and long-standing literature on stages of development, as well as to the literature on financial development and access to finance. The findings suggest that there is evidence of "absolute" and "relative" leapfrogging, with both terms defined in the paper. In addition, the Middle East and North Africa region, on average, suffers from a notable underperformance gap across all observed stages of payment-systems development. This finding suggests that the region suffers from structural impediments to the development of its financial and banking systems that go well beyond the adoption of digital-technology tools
    Note: Middle East , Middle East and North Africa , North Africa , English
    Language: English
    Library Location Call Number Volume/Issue/Year Availability
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  • 9
    UID:
    gbv_1806283891
    Format: 1 Online-Ressource
    ISBN: 9781464816635
    Content: The argument that digitalization fosters economic activity has been strengthened by the global COVID-19 pandemic. Because digital technologies are general-purpose technologies that are usable across a wide variety of economic activities, the gains from achieving universal coverage of digital services are likely to be large and shared throughout each economy. However, the Middle East and North Africa region suffers from a "digital paradox”: the region’s population uses social media more than expected for its level of gross domestic product (GDP) per capita but uses the internet or other digital tools to make payments less than expected. The Upside of Digital for the Middle East and North Africa: How Digital Technology Adoption Can Accelerate Growth and Create Jobs presents evidence that the socioeconomic gains of digitalizing the economies of the region are huge: GDP per capita could rise by more than 40 percent; manufacturing revenue per unit of factors of production could increase by 37 percent; employment in manufacturing could rise by 7 percent; tourist arrivals could rise by 70 percent, creating jobs in the hospitality sector; long-term unemployment rates could fall to negligible levels; and female labor force participation could double to more than 40 percent. To reap these gains, universal access to digital services is crucial, as is their widespread use for economic purposes. The book explores how fast the region could approach universal coverage, whether targeting the rollout of digital infrastructure services makes a difference, and what is needed to increase the use of digital payment tools. The authors find that targeting underserved populations and areas can accelerate the achievement of universal access, while fostering competition and improving the functioning of financial and telecommunications sectors can encourage the adoption of digital technologies. In addition, building societal trust in the government and in related institutions such as banks and financial services is critical for fostering the increased use of digital payment tools
    Note: Middle East , Middle East and North Africa , North Africa
    Language: Undetermined
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