Financial sector development
Financial sector development in developing countries and
emerging marketsis part of the private sector developmentstrategy to stimulate economic growthand reduce poverty.
A solid and well-functioning financial sector is a powerful engine behind economic growth. It generates local savings, which in turn lead to productive investments in local business. Furthermore, effective banks can channel international streams of private
remittances. The financial sector therefore provides the rudiments for income-growth and job creation.
* [http://www.firstinitiative.org/ FIRST]
* [http://www.nfx.nl/ Netherlands Financial Sector Development Exchange (NFX)] NFX operations were discontinued in April 2007.
* [http://www.cgap.org/ Consultative Group to Assist the Poor]
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