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Finance Banking Featured News World

Stock market participation and financial education in the digital age

Stock market participation remains low, especially among the older, less affluent, and less educated households, despite its clear benefits for wealth preservation and growth. Although digitisation has reduced some barriers, many households remain disengaged. Using data from a Chinese investment platform, this column shows that digital nudges and financial education via the platform increase stock […]

Environment Climate Featured News World

Turning knowledge into action: Scaling solutions for disaster risk

Knowledge, especially practical, hands-on know-how, is essential for countries to tackle development challenges and to build resilience to disasters and shocks. One of the most effective ways to share this “how-to” knowledge is through peer-to-peer exchanges among policy makers and practitioners. The challenge: Closing the disaster insurance gap When natural disasters strike, many people and […]