Showing 1 - 10 of 490
Crime and violence impede development and disproportionally impact poor people in many countries across the world. Though crime and violence represent serious problems in many countries, less-developed countries experience particular concentrations, especially those that are characterized by...
Persistent link: https://www.econbiz.de/10012644751
The relationship between violence and chronic poverty has been studied mostly in the context of war or long … shattering of infrastructure impacts the chance that poverty may remain chronic. A long-run perspective is gained by analyzing … chronically poor if the percentage of people in food poverty remains above the national average during two consecutive periods …
Persistent link: https://www.econbiz.de/10012246047
This paper investigates the immediate and medium-term behavioral response to an emotional trigger designed to affect biases in intertemporal financial decisions. The emotional trigger is provided by a narrative portraying the catastrophic consequences of poor financial choices. Even when people...
Persistent link: https://www.econbiz.de/10012058999
Financial capability, as defined by the World Bank and in this report, is the capacity to act in one's best financial interest, given socioeconomic and environmental conditions. It encompasses knowledge (literacy), attitudes, skills and behavior of consumers with respect to understanding,...
Persistent link: https://www.econbiz.de/10012644349
Consumer protection is an important element of financial sector stabilization and development agenda in Azerbaijan. The falling oil prices and weaker macroeconomic fundamentals on top of the negative external shocks have led to devaluation of the national currency and erosion of public trust in...
Persistent link: https://www.econbiz.de/10012644537
In response to a request of the Bangko Sentral ng Pilipinas (BSP) and as part of a broader engagement on enhancing financial consumer protection and education in the Philippines, the World Bank has implemented a financial capability survey. Financial inclusion, financial literacy and consumer...
Persistent link: https://www.econbiz.de/10012644841
Financial inclusion in Zambia has nearly doubled in the last ten years - from 21.3 percent in 2005 to 40.2 percent in 2016. This success was made possible by Zambia's Financial Sector Development Plan that concluded in 2015. And yet, when compared to other lower-middle income countries, Zambia...
Persistent link: https://www.econbiz.de/10012645056
Financial capability, as defined by the World Bank Group (WBG) in this report, is the capacity to act in one's best financial interest, given socioeconomic and environmental conditions. Improving financial capabilities has become a priority for policy makers seeking to promote financial...
Persistent link: https://www.econbiz.de/10012646813
Can financial education delivery be successfully decentralized? This paper studies a large-scale field experiment with 200 Savings and Credit Cooperative Associations (SACCOs) in Rwanda, and tests competing models of local financial education delivery. One-third of SACCOs, randomly selected,...
Persistent link: https://www.econbiz.de/10011902934
Financial education programs are increasingly offered by governments, nonprofits, and financial institutions. However, voluntary participation rates in such programs are often very low, posing a severe challenge for randomized experiments attempting to measure their impact. This study uses a...
Persistent link: https://www.econbiz.de/10012245525