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Publications (14)
Working Paper
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We investigate if financial inclusion leads to improved nutrition in rural Rwanda, using Rwandan Integrated Household Living Conditions surveys (2013/14 and 2016/17). Our empirical evidence shows a robust positive impact of financial inclusion efforts undertaken by formal financial institutions...
Journal Article
– Evidence from financial liberalization
THIS ARTICLE IS ON EARLY VIEW This study examines the redistributive effects of financial liberalization, including domestic and external finance reforms, implemented in 64 emerging and low-income countries over the past four decades. To identify these effects, we employ a 'doubly robust' estimation...
Working Paper
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The ethnic diversity–financial inclusion nexus remains one of the least explored topics in the literature despite global attempts to promote cultural mixing due to its socioeconomic benefits. We contribute to the literature by examining the link between ethnic diversity and financial inclusion using...
Working Paper
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The current context of the COVID-19 pandemic has exposed the most vulnerable socio-economic groups to greater financial risk and thus could lead to exacerbating income inequality. The crisis creates an opportunity to demand further structural and systemic reforms for redistributive justice.Our paper...
Working Paper
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– Evidence from a least developed African country
Using hand-collected survey and experimental data, we examine the determinants of financial literacy as well as the link between self-reported risk and elicited risk preferences in a least developed African country, Guinea. We measure financial literacy as the sum of three elements: financial...
Working Paper
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– A micro-level analysis
The financial sector in rural areas, where most of the poor people in sub-Saharan Africa are found, has transformed massively in recent times, notably through the increased penetration of several types of rural financial intermediaries in addition to rural and community banks and microfinance...
– Pui Yi Wong - 2018 PhD Fellow
In the fall of 2018 UNU-WIDER welcomed 11 doctoral students from around the world as part of our PhD Fellowship Programme. The students, from Ghana, India, Malaysia, Mexico, Ethiopia, Togo and Kenya, came to UNU-WIDER for three months to work on their research under the guidance of a UNU-WIDER...
Journal Article
This peer-reviewed research is available free of charge. UNU-WIDER believes that research is a global public good and supports Open Access.
Most developing countries are increasingly depending on freshwater based aquaculture to supplement the declining catch from capture fisheries. Yet the competition between capture fisheries and cage culture for space, pollution generated by cage culture, and fish markets interaction effects are...
Working Paper
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Most developing countries are increasingly dependent on fresh water based aquaculture (cage culture) to supplement the declining catch from capture fisheries. Yet, the competition for space between capture fisheries and cage culture, pollution generated by cage culture, and fish markets interaction...
Journal Article
– Bangladesh and Pakistan since 1971
Part of Journal Special Issue
Aid and Institution-Building in Fragile States
Working Paper
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– Bangladesh and Pakistan Since 1971
Bangladesh and Pakistan had very divergent experiences with aid after 1971. Politics in Pakistan was less inclusive in terms of opportunities for intermediate class political entrepreneurs. In this context, the significant role of military aid to Pakistan had very negative effects on its political...
Working Paper
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– Is It an IT Story?
This paper examines trends in idiosyncratic risk in different ‘new economy’ and ‘old economy’ industries, and explores whether these developments can be attributed to the use of IT. A CAPM-based decomposition of equity returns is employed to estimate idiosyncratic risk. The results provide evidence...
Working Paper
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We study the determinants of stock market development and the growing migration of capital raising, listing, and trading activity to international exchanges. Economies with higher income per capita, sounder macro policies, more efficient legal systems with better shareholder protection, and more...
Working Paper
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This paper reviews the obstacles for an appropriate financial architecture of new economy firms in developing countries by reviewing the theoretical and some preliminary empirical underpinnings of the importance of legal and institutional barriers. Apart from the more conventional institutional and...
Displaying 14 of 14 results