Tag Archives: world bank

The ‘Doing Business’-report, published annually since 2003 by the World Bank, is examining the state of health of economies. What makes this study noteworthy is the fact, that the diagnostics of countries is for once not based on visible features such as growth or macroeconomic parameters as the public debt but of underlying and embedded characteristics like the regulatory system, …

To find out the level of financial literacy worldwide, Standard & Poor’s, Gallup, the World Bank and the George Washington University conducted a survey: More than 150’000 adults in 140 countries were quizzed on their understanding of financial concepts: Here’s the quiz: 1. Risk Diversification: Question: Suppose you have some money. Is it safer to put your money into one …