How Digital Finance Could Boost Growth In Emerging Economies

Ariana

2 May, 2019

Digital finance could boost the gdp of emerging economies by 37 trillion by 2025 and benefit numerous stakeholders our research takes a comprehensive approach to quantifying the potential economic and social benefits of digital finance. The research finds that widespread adoption and use of digital finance could increase the gdps of all emerging economies by 6 percent or a total of 37 trillion by 2025.

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Adoption of digital finance could add 37 trillion to the gdp of emerging markets economies including 11 trillion in china alone according to a new mckinsey company report.

How digital finance could boost growth in emerging economies. This is the equivalent of adding to the world an economy the size of germany or one thats larger than all the economies of africa. Digital finance next growth driver for emerging economies gwyneth yeo 22092016 429pm according to mckinsey global institutes latest report digital finance could boost the gross domestic product gdp of all emerging economies by almost 6 or 37 trillion by 2025. The research finds that widespread adoption and use of digital finance could increase the gdps of all emerging economies by 6 percent or a total of 37 trillion by 2025.

Powering inclusive growth in. Delivering digital financial services by mobile phone could benefit billions of people by spurring inclusive growth that adds 37 trillion to the gdp of emerging economies within a decade. The research finds that widespread adoption and use of digital finance could increase the gdps of all emerging economies by 6 percent or a total of 37 trillion by 2025.

Individuals businesses financial services providers and governments all stand to gain. How digital finance could boost growth in emerging economies executive summary pdf1mb full report pdf4mb delivering financial services by mobile phone could benefit billions of people by spurring inclusive growth that adds 37 trillion to the gdp of emerging economies within a decade. This is the equivalent of adding to the world an economy the size of germany or one thats larger than all the economies of africa.

The strategy consulting firms global institute released digital finance for all. How digital finance could boost growth in emerging economies the impact of mobility goes much more than facilitating on the go online transactions. Mobility powered digital commerce has the potential to give a big boost to financial inclusion throwing open banking facilities to people hitherto cut off from the same.

Two billion individuals and 200 million micro small and midsize businesses in emerging economies today lack access to savings and credit. This is the equivalent of adding to the world an economy the size of germany or one thats larger than all the economies of africa.

How Digital Finance Could Boost Growth In Emerging Economies