Unlocking World Bank's Proprietary Data for Emerging Market Investment
The World Bank Group has taken a significant step by releasing a substantial amount of proprietary data with the aim of encouraging investment in emerging markets. This move is set to equip investors with the necessary tools to make informed decisions regarding risk assessment. According to World Bank President Ajay Banga, the ultimate goal behind this data publication is to attract more private-sector capital into developing economies, thus fostering impactful development and job creation. The release of such data is expected to serve as a catalyst for investment in emerging markets, thereby contributing to their sustainable growth and economic progress.