Banking the world : empirical foundations of financial inclusion / edited by Robert Cull, Asli Demirgüç-Kunt, and Jonathan Morduch.

Format:

Book

Contributor:

Cull, Robert J., editor.

Demirgüç-Kunt, Aslı, 1961- editor.

Morduch, Jonathan, editor.

Language:

English

Subjects (All):

Finance--Developing countries.

Finance.

Developing countries.

Banks and banking--Developing countries.

Banks and banking.

Financial institutions--Developing countries.

Financial institutions.

Physical Description:

1 online resource (vi, 511 pages)

Place of Publication:

Cambridge, Mass. : MIT Press, [2013]

System Details:

text file

Summary:

About 2.5 billion adults, just over half the world's adult population, lack bank accounts. If we are to realize the goal of extending banking and other financial services to this vast "unbanked" population, we need to consider not only such product innovations as microfinance and mobile banking but also issues of data accuracy, impact assessment, risk mitigation, technology adaptation, financial literacy, and local context. In Banking the World, experts take up these topics, reporting on new research that will guide both policy makers and scholars in a broader push to extend financial markets. The contributors consider such topics as the complexity of surveying people about their use of financial services; evidence of the impact of financial services on income; the occasional negative effects of financial services on poor households, including disincentives to work and overindebtedness; and tools for improving access such as nontraditional credit scores, financial incentives for banking, and identification technologies that can dramatically reduce loan default rates.

Contents:

1 Introduction: Banking the World / Robert Cull Cull, Robert, Ash Demirgüç-Kunt Demirgüç-Kunt, Ash, Jonathan Morduch Morduch, Jonathan 1

I Where Are We Now? 17

2 Half the World Is Unbanked / Alberto Chaia Chaia, Alberto, Aparna Dalal Dalal, Aparna, Tony Goland Goland, Tony, Maria Jose Gonzalez Gonzalez, Maria Jose, Jonathan Morduch Morduch, Jonathan, Robert Schiff Schiff, Robert 19

II Better Data 43

3 Cause and Effect of Financial Access: Cross-Country Evidence from the FinScope Surveys / Patrick Honohan Honohan, Patrick, Michael King King, Michael 45

4 How to Ask Households about Financial Services: Experimental Evidence from Ghana and Timor-Leste / Robert Cull Cull, Robert, Kinnon Scott Scott, Kinnon 85

5 Going with the Flow: Measuring Financial Usage in Poor Households / Daryl Collins Collins, Daryl 109

III Creating Impact 135

6 The Economic Impact of Expanding Access to Finance in Mexico / Miriam Bruhn Bruhn, Miriam, Inessa Love Love, Inessa 137

7 Finance and Hunger: Empirical Evidence of the Agricultural Productivity Channel / Stijn Claessens Claessens, Stijn, Erik Feijen Feijen, Erik 157

8 Entrepreneurial Finance in the Western Balkans: Characteristics of the Newly Self-Employed in Albania, Bosnia and Herzegovina, and Serbia / Ash Demirgüç-Kunt Demirgüç-Kunt, Ash, Leora F. Klapper Klapper, Leora F., Georgios A. Panos Panos, Georgios A. 211

IV Cautionary Tales 265

9 The Impact of International Remittances on Income, Work Efforts, Poverty, and Inequality: Evidence from Vietnam Household Living Standard Surveys / Nguyen Viet Cuong Cuong, Nguyen Viet, Marrit van den Berg Berg, Marrit van den, Robert Lensink Lensink, Robert 267

10 Mortgage Finance in Central and Eastern Europe-Opportunity or Burden? / Thorsten Beck Beck, Thorsten, Katie Kibuuka Kibuuka, Katie, Erwin R. Tiongson Tiongson, Erwin R. 305

V More than Products 391

11 Measuring Personality Traits and Predicting Loan Default with Experiments and Surveys / Dean Karlan Karlan, Dean, Sendhil Mullainathan Mullainathan, Sendhil, Omar Robles Robles, Omar 393

12 Valuing Financial Literacy / Shawn Cole Cole, Shawn, Thomas Sampson Sampson, Thomas, Bilal Zia Zia, Bilal 415

13 Use of Biometric Technology in Developing Countries / Xavier Giné Giné, Xavier, Jessica Goldberg Goldberg, Jessica, Shalini Sankaranarayanan Sankaranarayanan, Shalini, Peter Sheerin Sheerin, Peter, Dean Yang Yang, Dean 429

14 Accessing Credit from Banks, Microfinance Institutions, and Informal Groups: What Is the Role of Social Capital? / Anni Heikkilä Heikkilä, Anni, Panu Kalmi Kalmi, Panu, Olli-Pekka Ruuskanen Ruuskanen, Olli-Pekka 447

VI Conclusion 467

15 Ten Research Questions / Jonathan Morduch Morduch, Jonathan 469.

Notes:

OCLC-licensed vendor bibliographic record.

ISBN:

0262305992

9780262305990

9780262305075

0262305070

OCLC:

961604092

Publisher Number:

ebc3339554

Access Restriction:

Restricted for use by site license.