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Many households in developing countries lack formal financial histories, making it difficult for firms to extend credit, and for potential borrowers to receive it. However, many of these households have mobile phones, which generate rich data about behavior. This article shows that behavioral...
Persistent link: https://www.econbiz.de/10012167978
progress is Sub-Saharan Africa. The people of Africa are hard at work building a more hopeful future for their continent. There … good plans and good ideas. For Africa and the poorest countries in the world a critical source of development funding comes … responded with an 'Africa Action Plan.' Wolfowitz briefly discussed four key areas of focus: Education, Health, Private Sector …
Persistent link: https://www.econbiz.de/10012644407
Africa. The emergence of WAEMU banking groups is a recent phenomenon, spurred in part by the approval of a single banking …There has been significant development of Mali's banking sector in recent years, but it remains shallow, and access to … banking services is limited. With the opening of a new bank in 2014, there are now 14 commercial banks operating in Mali …
Persistent link: https://www.econbiz.de/10012644586
and North Africa. The paper first documents the existing financial system in the region. The system is heavily skewed … toward banking, relative to non-banking services, such as stock and corporate bond markets, with significant heterogeneity … contestability and fintech development. The paper is a call to the authorities and policy makers in the Middle East and North Africa …
Persistent link: https://www.econbiz.de/10012257125
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David Malpass, President of the World Bank, remarked that the Coronavirus (COVID-19) pandemic and global recession are wiping out more than a decade of poverty alleviation. He focused on crisis response and supporting recovery
Persistent link: https://www.econbiz.de/10012647570
Senegal has experienced a rapid expansion in fixed and mobile broadband internet infrastructure over the past decade. This paper examines the relationship between access to broadband internet and household welfare between 2011 and 2018 by integrating the latest two rounds of household budget...
Persistent link: https://www.econbiz.de/10012296921
There is frequent public and media concern over the cost of bloated cabinets in many Sub-Saharan African countries. Scholarship on elite clientelism links cabinet positions with corruption and practices that undermine sound policy making. This paper presents new data on the number of ministers...
Persistent link: https://www.econbiz.de/10012240758
This study examines the impact of the African Growth and Opportunity Act using the synthetic control method, a quasi-experimental approach. The novelty in the approach is that it addresses problems of estimation that are prevalent in nonexperimental methods used to analyze the impact of...
Persistent link: https://www.econbiz.de/10012114106