Is Mobile Money Part of Money? Understanding the Trends and Measurement

Released on by Ms. Kazuko Shirono
preview-18

  • Is Mobile Money Part of Money? Understanding the Trends and Measurement Book Detail

  • Author : Ms. Kazuko Shirono
  • Release Date : 2021-07
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 41
  • ISBN 13 : 1513587854
  • File Size : 44,44 MB
DOWNLOAD BOOK

Is Mobile Money Part of Money? Understanding the Trends and Measurement by Ms. Kazuko Shirono PDF Summary

Book Description: The rapid uptake of mobile money in recent years has generated new data needs and growing interest in understanding its impact on broad money. This paper reviews mobile money trends using mobile money data from the Financial Access Survey (FAS) and examines the statistical treatment of mobile money under the IMF’s Monetary and Financial Statistics (MFS) framework. MFS guidance is straightforward in most cases, as many jurisdictions have adopted regulations which ensure that mobile money is captured in the banking system and thus in the calculation of broad money. However, in cases where mobile network operators (MNOs) act as niche financial intermediaries outside the banking regulatory perimeter and are allowed to invest their customer funds in sovereign securities and other permitted assets, mobile money liabilities may remain outside the banking system as well as monetary statistics. In that case, information on mobile money liabilities need to be collected directly from MNOs to account for mobile money as part of broad money.

Disclaimer: www.yourbookbest.com does not own Is Mobile Money Part of Money? Understanding the Trends and Measurement books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

The Global Findex Database 2017

The Global Findex Database 2017

File Size : 22,22 MB
Total View : 9943 Views
DOWNLOAD

In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set