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Work will help policy makers define sound financial inclusion policies
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(via PR NEWSWIRE – Chicago, IL) – Brazil’s program of using lottery outlets, post offices and small retailers to distribute financial products in places too small for bank branches pioneers a way to bring key services to economically underdeveloped areas, a new study found.
A study of Brazil’s “banking...
(VIA PR Newsire – Chicago, IL) – A key change in Brazilian law simplifying the sale of repossessed cars has enabled low-income borrowers in the country to get credit more easily and buy newer, more expensive cars, a new study shows. The study from the Consortium on Financial Systems and Poverty examines car loans from one of...
(VIA EurekaAlert – Chicago, IL) Robert M. Townsend, Professor of Economics at Massachusetts Institute of Technology and Faculty Director of the Consortium on Financial Systems and Poverty, has been elected to the National Academy of Sciences.
Townsend was among 84 new...
(Chicago, IL) Examining Thai villages as smaller versions of a national economy provides a new understanding of the dynamics of economic growth and yields fresh insights to the financial lives of villages and households.
This is the conclusion from a new study by the Consortium on Financial Systems and...
(VIA PR NEWSWIRE and EUREKA ALERT - Chicago, IL) - Robert M. Townsend, Professor of Economics at MIT and Faculty Director of the Consortium on Financial Systems and Poverty, will speak at a World Bank-IMF spring panel discussion titled, “Financial Inclusion: From Principles...
(Chicago, IL) Large-scale microfinance programs are widely used as a tool to fight poverty in developing countries, but a recent study from the Consortium on Financial Systems and Poverty suggests that they can have varying results for participants and may be the most cost-effective use of funds only in...
(Chicago, IL) - Location and other geographical factors play an important role in supporting economic growth and development in emerging markets, a new study from the Consortium on Financial Systems and Poverty has found.
The study, which examines growth in the Thai economy between 1986 and 1996, shows that a high concentration...
(PR Newswire – Chicago, IL) Economists have long suspected that one reason why developing countries struggle to emerge from poverty is that they lack robust financial sectors, especially when compared to wealthier nations.
Although it may seem obvious that a weak financial sector would stifle growth within a...
(PR NEWSWIRE - Chicago, IL) Many developing countries are rapidly adopting cellphone technology as a means for delivering financial services to their citizens without a heavy investment in infrastructure. Now, a team of researchers from Massachusetts Institute of Technology and Georgetown University says important economic...
(PR NEWSWIRE - Chicago, IL) Ever since widespread defaults on microloans in India thrust the microfinance industry into crisis, a compelling and fundamental question has been renewed: How do we determine what impact financial innovations and financial policy changes will have on the economies of developing countries?
A new book...
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