Reducing the size of legitimate but unrecorded economic activities will also be necessary, admitting particularly micro, small and medium-sized businesses into the digital space.
1  In 2013 estimates, Svirydzenka (2016) ranked The Bahamas at 40th out of 183 countries in terms of overall financial development but at 15th in comparative access to financial institutions—which took account of the density of the physical banking infrastructure.