World has made decent inroads in reducing level of poverty and financial exclusion, tracking and monitoring global and regional poverty and its dimensions and developing better understanding of the nexus and transmission mechanism of inclusiveness, growth and gender equity. 2.
Supplying additional liquidity and reducing borrowing costs can greatly ameliorate the effects of market events on the economy, and those types of macroeconomic interventions will carry less potential for increasing moral hazard than would the discount window lending that was a prominent feature of crisis management when depositories funded more credit.