Publication:
Promoting Financial Inclusion for Growth and Development in Iraq

dc.contributor.authorAziz, Teymour Abdel
dc.contributor.authorMcConaghy, Peter
dc.date.accessioned2014-05-05T16:42:12Z
dc.date.available2014-05-05T16:42:12Z
dc.date.issued2014-02
dc.description.abstractA well-functioning financial sector is critical for efficient resource allocation leading to increased productivity, greater investment, and higher overall levels of economic growth. This is particularly critical in Iraq, where years of political instability and violence have impeded the development of a robust private sector, decimated infrastructure and institutions, and caused serious employment challenges. The proportion of individuals with access to formal financial services including credit, savings, and insurance services is critical for improving household welfare by spurring economic activity and helping manage economic shocks. Financial inclusion positively impacts on macroeconomic stability. The extent of financial intermediation causally impacts growth, mostly through lower transaction costs and better distribution of capital and risk across the economy. Microfinance has in recent years become an important mechanism to promote financial inclusion and economic development in Iraq. Microfinance institutions (MFIs) have emerged as credible sources of financing for low income households and microenterprises, both underserved by conventional banks.en
dc.identifierhttp://documents.worldbank.org/curated/en/2014/02/19434768/promoting-financial-inclusion-growth-development-iraq
dc.identifier.doi10.1596/18154
dc.identifier.urihttps://hdl.handle.net/10986/18154
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesMENA knowledge and learning quick notes series;no. 116
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO CREDIT
dc.subjectACCESS TO FINANCIAL SERVICES
dc.subjectBANK ASSETS
dc.subjectBANK DEBT
dc.subjectBANKING LAW
dc.subjectBANKING SECTOR
dc.subjectBANKING SECTOR ASSETS
dc.subjectBRANCHES
dc.subjectBUSINESS LOANS
dc.subjectCAPITAL REQUIREMENTS
dc.subjectCENTRAL BANK
dc.subjectCLIENT BASE
dc.subjectCODE OF CONDUCT
dc.subjectCOLLATERAL
dc.subjectCOMMERCIAL BANKS
dc.subjectCONSUMER PROTECTION
dc.subjectCONVENTIONAL BANKS
dc.subjectCREDIT BUREAU
dc.subjectCREDIT INFORMATION
dc.subjectCREDITWORTHINESS
dc.subjectDEBT
dc.subjectDEPOSIT
dc.subjectDEPOSITS
dc.subjectDISBURSEMENT
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectEMPLOYEE
dc.subjectENABLING ENVIRONMENT
dc.subjectENTREPRENEURS
dc.subjectEXPANSION
dc.subjectFINANCE COMPANIES
dc.subjectFINANCE COMPANY
dc.subjectFINANCIAL DEVELOPMENT
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL INTERMEDIATION
dc.subjectFINANCIAL LEASING
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SECTOR DEVELOPMENT
dc.subjectFINANCIAL SECTOR POLICIES
dc.subjectFINANCIAL SERVICE
dc.subjectFINANCIAL SERVICE PROVIDERS
dc.subjectFINANCIAL SYSTEM
dc.subjectFIRMS
dc.subjectFOREIGN PARTNERS
dc.subjectFORMAL FINANCIAL INSTITUTION
dc.subjectFORMAL FINANCIAL INSTITUTIONS
dc.subjectFORMAL FINANCIAL SERVICES
dc.subjectFREE LOANS
dc.subjectFUNDING SOURCES
dc.subjectGOVERNMENT INTERVENTION
dc.subjectGROWTH RATES
dc.subjectHOUSEHOLD WELFARE
dc.subjectHOUSEHOLDS
dc.subjectHOUSING
dc.subjectHOUSING LOANS
dc.subjectINCOME
dc.subjectINCOME GROUP
dc.subjectINCOME-GENERATING PROJECTS
dc.subjectINFORMATION SHARING
dc.subjectINSURANCE
dc.subjectINSURANCE COMPANIES
dc.subjectINSURANCE SERVICES
dc.subjectINTEREST RATES
dc.subjectINVESTMENT CLIMATE
dc.subjectLABOR FORCE PARTICIPATION
dc.subjectLARGE ENTERPRISES
dc.subjectLAWS
dc.subjectLEGAL FRAMEWORK
dc.subjectLEVEL PLAYING FIELD
dc.subjectLOAN
dc.subjectLOAN PORTFOLIO
dc.subjectLOAN PROCESSING
dc.subjectLOAN PROCESSING TIME
dc.subjectLOAN PROVISIONING
dc.subjectLOAN RECOVERY
dc.subjectLOAN SIZE
dc.subjectLOCAL INVESTORS
dc.subjectMACROECONOMIC STABILITY
dc.subjectMARKET DISTORTION
dc.subjectMFI
dc.subjectMFIS
dc.subjectMICRO-ENTERPRISES
dc.subjectMICROCREDIT
dc.subjectMICROENTERPRISES
dc.subjectMICROFINANCE
dc.subjectMICROFINANCE INSTITUTIONS
dc.subjectMICROFINANCE PROGRAMS
dc.subjectMICROFINANCE SECTOR
dc.subjectMONETARY FUND
dc.subjectMONEY TRANSFERS
dc.subjectMOVABLE COLLATERAL
dc.subjectNON-PERFORMING LOANS
dc.subjectOUTREACH
dc.subjectOVERDRAFT
dc.subjectPAYMENT SERVICES
dc.subjectPORTFOLIO QUALITY
dc.subjectPRIVACY
dc.subjectPRIVATE BANKS
dc.subjectPRIVATE SECTOR DEVELOPMENT
dc.subjectPRODUCTIVITY
dc.subjectPRUDENTIAL REGULATIONS
dc.subjectREGULATORY BARRIERS
dc.subjectREGULATORY FRAMEWORK
dc.subjectREPAYMENT
dc.subjectREPAYMENT PERIOD
dc.subjectRESOURCE ALLOCATION
dc.subjectSAVINGS
dc.subjectSAVINGS ACCOUNTS
dc.subjectSMALL BUSINESSES
dc.subjectSME
dc.subjectSME FINANCE
dc.subjectSTOCK MARKET
dc.subjectSUPERVISORY FRAMEWORK
dc.subjectTAX
dc.subjectTAX EXEMPTIONS
dc.subjectTRADE FINANCE
dc.subjectTRANSACTION
dc.subjectTRANSACTION COSTS
dc.subjectUNEMPLOYMENT
dc.subjectUNFAIR COMPETITION
dc.titlePromoting Financial Inclusion for Growth and Development in Iraqen
dspace.entity.typePublication
okr.date.disclosure2014-04-25
okr.date.doiregistration2025-04-29T10:16:42.341903Z
okr.doctypePublications & Research::Brief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2014/02/19434768/promoting-financial-inclusion-growth-development-iraq
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid172321468262761037
okr.identifier.externaldocumentum000442464_20140425122207
okr.identifier.internaldocumentum19434768
okr.identifier.report87549
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/04/25/000442464_20140425122207/Rendered/PDF/875490BRI0QN110VC000knowledge0notes.pdfen
okr.region.administrativeMiddle East and North Africa
okr.region.countryIraq
okr.topicFinance and Financial Sector Development::Microfinance
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicPrivate Sector Development::Emerging Markets
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicBanks and Banking Reform
okr.unitFinance & Private Sector Dev. (MNSF1)
okr.volume1 of 1
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