financial development
[fɪˈnænʃəl dɪˈveləpmənt]
noun
desenvolvimento financeiro
1. The process of building and strengthening financial institutions, markets, and systems within an economy
Financial development is crucial for economic growth in emerging markets.
O desenvolvimento financeiro é crucial para o crescimento econômico em mercados emergentes.
2. The expansion of financial services, credit availability, and access to banking infrastructure in a region or country
The government invested in financial development to improve access to banking services.
O governo investiu no desenvolvimento financeiro para melhorar o acesso a serviços bancários.
3. The improvement of financial literacy and deepening of capital markets
Financial development includes better regulation and more efficient markets.
O desenvolvimento financeiro inclui melhor regulação e mercados mais eficientes.
Related Idioms & Phrases
financial development index
financial development gap
advancing financial development
barriers to financial development
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