Bold et al. (2022b) investigate the effect of providing access to a larger, centralized market where quality is rewarded with a premium on farm productivity and framing incomes from smallholder maize farmers in western Uganda, using a series of randomized experiments and a...

Bold et al. (2022b) investigate the effect of providing access to a larger, centralized market where quality is rewarded with a premium on farm productivity and framing incomes from smallholder maize farmers in western Uganda, using a series of randomized experiments and a...

This paper studies the development of indigenous insurance institutions set up to help cover the high costs of funerals, using evidence from rural areas in Tanzania and Ethiopia. Many of these institutions tend to co-exist within the same community and are based on well-defined rules and...

The Delivering Service Indicators seek to provide a set of indices for benchmarking service delivery performance in education and health in Africa in order to track progress in and across countries over time. It seeks to enhance effective and active monitoring of service delivery systems and to...

In many rural settings, informal mutual support networks have evolved into semiformal insurance groups, such as funeral societies.  Using detailed panel data for six villages in Ethiopia, we can distinguish two types of contracts, in terms of whether payments are only made at the time of death...

The existing literature on sub-game perfect risk-sharing suffers from a basic inconsistency. While a group of size "n" is able to coordinate on a risk-sharing outcome, it is assumed that deviating subgroups cannot. I relax this assumption and characterise the optimal contract among all...

This paper models the implications of endogenous group formation for efficient risk-sharing contracts in the dynamic limited commitment model.  Endogenising group formation requires that any risk-sharing arrangement is not only stable with respect to individual deviations but also with respect...

The recent political economy literature on institutions for growth views low and ineffective spending on service delivery sectors as a symptom of the underlying institutional environment. But if institutions are the outcome of decisions by policymakers and serve the purpose of benefitting some...

This study was prepared for the Financial Services and Poverty Reduction research project and was presented at the conference with the same name held at Bank headquarters in September of 2004. It first establishes the considerable welfare cost borne by the region's poor when facing uncovered...