{"product_id":"global-financial-development-report-2015-2016","title":"Global Financial Development Report 2015\/2016","description":"\u003ci\u003eGlobal Financial Development Report 2015\/2016\u003c\/i\u003e focuses on the ability of financial systems to sustainably extend the maturity of financial contracts for private agents. The challenges of extending the maturity structure of finance are often considered to be at the core of effective, sustainable financial development. Sustainably extending long-term finance may contribute to the objectives of higher growth and welfare, shared prosperity and stability in two ways: by reducing rollover risks for borrowers, thereby lengthening the horizon of investments; and by increasing the availability of long-term financial instruments, thereby allowing households to address their lifecycle challenges.\u003cbr\u003e\u003cbr\u003eThe aim of the report is to contribute to the global policy debate on long-term finance. It builds upon findings from recent and ongoing research,lessons from operational work, as well as on inputs from financial sector professionals and researchers both within and outside the World Bank Group. Benefitting from new worldwide datasets and information on financial development, it will provide a broad and balanced review of the evidence and distill pragmatic lessons on long-term finance and related policies.\u003cbr\u003e\u003cbr\u003eThis report, the third in the \u003ci\u003eGlobal Financial Development Report\u003c\/i\u003e series, follows the second issue on Financial Inclusion and the inaugural issue, \u003ci\u003eRethinking the Role of the State in Finance\u003c\/i\u003e. The \u003ci\u003eGlobal Financial Development Report 2015\/2016\u003c\/i\u003e will be accompanied by a website worldbank.org\/financialdevelopment containing extensive datasets, research papers, and other background materials as well as interactive features.","brand":"World Bank Publications","offers":[{"title":"Default Product","offer_id":57339741569368,"sku":"9781464804724","price":29.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0278\/1295\/4195\/files\/9781464804724.jpg?v=1779326133","url":"https:\/\/agendabookshop.com\/products\/global-financial-development-report-2015-2016","provider":"Agenda Bookshop","version":"1.0","type":"link"}