2014 will be good for the American Economy

2014 will be good for the American Economy

America's housing market during the global financial crisis triggered by the collapse of the growth in developing countries, has been a driving force of the world economy. However, the recent slowdown in the growth rate in these countries began to show. Economists in 2014 and the global economy continues to rebound again with the economic performance of developing countries in the opinion.

American Economy

In 2014 the American economy is among the risk factors that may contribute to the rise in interest rates and the rising debt of state and local government cites: "Interest is the increased risk factor for the economy. This is reflected in the housing loan. 30-year term housing loans at 3.5% 4.5% rose. This was detrimental to residential sales. In addition, the high debt of local governments also pose risks. Last year Detroit went defaulted on debt. This year, Puerto Rico is expected to apply in the same way. "

2.5 billion people benefit from banking.

2.5 billion people benefit from banking.

2.5 billion people benefit from banking.

According to the World Bank 2014 Global Financial Development Report , which corresponds to half of the adult population in the world still 2.5 billion people can not benefit from banking services .
The World Bank's Global Financial Development Report published each year (GDF 's ) main theme of the 2014 number is generating increasing participation in financial services .
The report primarily of technological innovations , including mobile banking , financial services in developing countries shows that a positive impact on participation .
Access to finance in the most comprehensive report ever prepared , corresponding to half of the adult population in the world still 2.5 billion people are unable to benefit from banking services are emphasized.
In the report, the World Bank President Jim Yong Kim began last month and e-currency accounts, e -mobile wallet technological innovation with the help of 2020 working age adults universal access to finance aimed at providing interference particular attention is drawn .
President Yong Kim , in his statement , financial services participation , efforts to promote the well- designed, people development path of strengthening a better way might be , stating whether it is a public financial regulator If you'd like a private bank , get everyone's access to financial services provision of countries' interests noted that .
Yong Kim , also for these developments throughout the world , referring to positive results can reveal information that may help to end the poverty gave their opinions .
According to the report , making it cheaper and easier access to financial services that poor people have profited most from technological innovation . Remote and scattered populated areas , especially those with low income economies , including the installation of bank branches outside the introduction of financial services have benefited .
Report this framework, the user can transfer the money to the store and offering a safe place puts the emphasis on cost- savings and debit accounts .
And burdensome for banks to offer low-cost accounts to stop use of the document and state aid to be deposited into bank accounts by electronic payment methods are particularly effective in the report as well as some policy issues are among the saved .
Responsible financial contributions at the same time consumers finance a better understanding of the requirements of emphasizing the report , starting a new business or mortgage loans refer to such a man's life the key moments of the financial education to be effective is arguing .