The Puzzle of Mobile Money Markets: An Example of Goldilocks Conditions
By Ricardo Martínez-Cid and Gonzalo Pernas This paper investigates the supply-side and demand-side factors that explain the success of mobile money markets. Namely, we argue that there exists a set of Goldilocks conditions that best supports mobile money services. A population must have exposure to financial services to understand mobile money and have a high […]
Effect of Slum Redevelopment on Child Health Outcomes: Evidence from Mumbai
By Suhani Jalota As the population of urban poor living in slums increases, governments are trying to relocate people into government–provided free housing. Slum redevelopment affects every part of a household’s livelihood, but most importantly the health and wellbeing of younger generations. This paper investigates the effect of slum redevelopment schemes on child stunting levels. Data was collected in forty–one buildings under […]
The Effect of Social, Cultural, and Political Values on Entrepreneurial Perceptions and Venture Creation: A Global Investigation
By Repton Salisbury The effect of entrepreneurial activity on economic development has been researched thoroughly. New firm creation spurs economic growth by creating employment opportunities, cultivating innovation, and encouraging competition. Globally, there are countless areas that could benefit from a livelier entrepreneurial ecosystem. So how does a government or population first spur entrepreneurial activity? An […]
Women’s Land Rights and Empowerment: Impact of the Land Tenure Regularization Reform (LTR) on Contraceptive Use and Domestic Violence in Rwanda
by Winnie Biwott Abstract The Rwandan Land Tenure Regularization reform (LTR) was implemented in 2007 to clarify land ownership in the country especially for women. Specifically, the reform enabled women in married unions to obtain joint titles with their partners as proof of land ownership. Using data from the 2010 Rwandan Demographic and Health Surveys […]
The Rise of Mobile Money in Kenya: The Changing Landscape of M-PESA’s Impact on Financial Inclusion
By Hong Zhu M-PESA, the hugely popular mobile money system in Kenya, has been celebrated for its potential to “bank the unbanked” and increase access to financial services. This paper provides evidence to support this idea and explores mechanisms through which this might be the case. It specifically looks at the savings products held by […]
