The reach of the financial sector in Turkey is wide - as measured by account penetration, use of electronic payments, and credit card ownership - relative to both developing and high-income countries. The gender gap in Turkey for account ownership is 49 percentage points, the highest rate among...

The credit market implications and real effects of one the largest borrower bailout programs in history are studied, enacted by the government of India against the backdrop of the 2008–2009 financial crisis. The stimulus program had no effect on productivity, wages or consumption, but led...