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Global Financial Development: Long-Term Finance

September 14, 2015

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Long-term finance has a fundamental role to play in generating higher growth and welfare. Without it, firms struggle to expand, households underinvest in their health and education, and economies miss out on critical infrastructure investments. The Global Financial Development Report 2015 identifies the levers available to policy makers to promote greater access. It builds on the two previous Global Financial Development Reports to provide a nuanced, practical, and evidence-based approach to financial sector policy.


Director, Finance and Markets Global Practice, World Bank

Director of Research, Development Research Group, World Bank Group

World Bank Group Senior Vice President for the 2030 Development Agenda, United Nations Relations, and Partnerships.

Managing Director and Chief Financial Officer, World Bank Group

Professor of Economics and the C. Marks Professor of International Studies, Cornell University & former Senior Vice President and Chief Economist, World Bank