Remittances https://poverty-action.org/ en The Impact of Migrant Remittances and Financial Services on Savings https://poverty-action.org/study/impact-migrant-remittances-and-financial-services-savings <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--title--rss.html.twig * field--node--rss--title--template-g-details-flex.html.twig * field--node--rss--title.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--title--template-g-details-flex.html.twig x field--node--title.html.twig * field--node--template-g-details-flex.html.twig * field--rss--title.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--title.html.twig * field--string.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--title.html.twig' --> <span class="field field--name-title field--type-string field--label-hidden">The Impact of Migrant Remittances and Financial Services on Savings</span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--title.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--uid--rss.html.twig * field--node--rss--uid--template-g-details-flex.html.twig * field--node--rss--uid.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--uid--template-g-details-flex.html.twig x field--node--uid.html.twig * field--node--template-g-details-flex.html.twig * field--rss--uid.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--uid.html.twig * field--entity-reference.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--uid.html.twig' --> <span class="field field--name-uid field--type-entity-reference field--label-hidden"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'username' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/user/username.html.twig' --> <span lang="" typeof="schema:Person" property="schema:name" datatype="">Anonymous (not verified)</span> <!-- END OUTPUT from 'core/themes/classy/templates/user/username.html.twig' --> </span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--uid.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--created--rss.html.twig * field--node--rss--created--template-g-details-flex.html.twig * field--node--rss--created.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--created--template-g-details-flex.html.twig x field--node--created.html.twig * field--node--template-g-details-flex.html.twig * field--rss--created.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--created.html.twig * field--rss--created.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--created.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--created.html.twig' --> <span class="field field--name-created field--type-created field--label-hidden">Tue, 07/05/2022 - 16:04</span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--created.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'links__node' --> <!-- FILE NAME SUGGESTIONS: x links--node.html.twig x links--node.html.twig * links.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/content/links--node.html.twig' --> <!-- END OUTPUT from 'core/themes/classy/templates/content/links--node.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-template-g-content-blocks--rss.html.twig * field--node--rss--field-template-g-content-blocks--template-g-details-flex.html.twig * field--node--rss--field-template-g-content-blocks.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-template-g-content-blocks--template-g-details-flex.html.twig * field--node--field-template-g-content-blocks.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-template-g-content-blocks.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-template-g-content-blocks.html.twig * field--entity-reference-revisions.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-template-g-content-blocks field--type-entity-reference-revisions field--label-above"> <div class="field__label">Template G Content Blocks</div> <div class="field__items"> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'paragraph' --> <!-- FILE NAME SUGGESTIONS: * paragraph--sub-cb30-editor--default.html.twig * paragraph--sub-cb30-editor.html.twig * paragraph--default.html.twig * paragraph.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub_cb30_editor.html.twig' --> <div class="paragraph paragraph--type--sub-cb30-editor paragraph--view-mode--default"> <div class="cb-text"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-sub-editor--default.html.twig * field--paragraph--default--field-sub-editor--sub-cb30-editor.html.twig * field--paragraph--default--field-sub-editor.html.twig * field--paragraph--default--sub-cb30-editor.html.twig * field--paragraph--field-sub-editor--sub-cb30-editor.html.twig * field--paragraph--field-sub-editor.html.twig * field--paragraph--sub-cb30-editor.html.twig * field--default--field-sub-editor.html.twig * field--default--sub-cb30-editor.html.twig * field--default.html.twig * field--field-sub-editor.html.twig x field--text-long.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> <div class="clearfix text-formatted field field--name-field-sub-editor field--type-text-long field--label-above"> <div class="field__label">Sub Editor</div> <div class="field__item"><h2>Abstract</h2> <p>Digital remittances may be an effective tool for addressing extreme poverty in rural areas, but little is known about how to maximize their impact. In Bangladesh, researchers are working with IPA, United Nations Capital Development Fund (UNCDF) and BRAC Bank to evaluate the impact of aligning the financial goals of  remittance senders and recipients on financial behavior.</p> <h2>Policy Issue</h2> <p>Migration, especially from urban to rural locations or internationally, provides a tool for households to expand their labor and earning potential. Mobile money technologies allow international migrants in search of employment to easily send money back home to their relatives. These kinds of remittances account for some of the largest flows of international money into low- and middle-income countries like Bangladesh, and they may be an effective tool for fighting extreme poverty in rural areas. Behavioral interventions that help people achieve financial goals could help to magnify the anti-poverty impacts of remittances, but little is known about the effectiveness of specific strategies to do this. More evidence is also needed on the gender dynamics of digital remittances. Migrants who remit money and the households who receive it, for instance, may have different sets of preferences for the amount of money that should be saved versus spent immediately, with migrants preferring it to be saved and recipient households preferring immediate consumption—leading to lower levels of money remitted than if migrants were assured it would be saved until they returned home. As a result, one strategy that may help to increase remittances’ impact is goal setting, in which remittance senders and recipients are encouraged to work together to agree on both short- and long-term targets for remittance savings amounts.</p> <h2>Context of the Evaluation</h2> <p>In Bangladesh, remittances are a prominent part of the rural economy. BRAC Bank, the implementing partner in this evaluation, launched four channels for digital remittances in 2020, which reached about 215,000 customers by the end of 2021. These customers have sent over USD$300 million on the platforms during the first year of operation. Use of digital remittances among BRAC Bank’s customers is growing quickly: customers who send and receive remittances through bank and mobile wallets grew from 27 percent in 2019 to 79 percent by June 2021.</p> <h2>Details of the Intervention</h2> <p>Researchers are working with IPA and BRAC Bank to evaluate the impact of a goal setting program for remittance senders and recipients on participants’ financial behavior, including the amount and frequency of remittances and savings.</p> <p>In the goal setting program, BRAC Bank financial advisors are meeting with households containing remittance senders and recipients. The advisors are helping participants work together to set their goals (such as education expenses, medical expenses or business investment). Then advisors and remittance pairs set concrete savings amounts required to meet that goal, after which the household members work toward that savings goal over a period of about six months.</p> <p>After the initial goal setting exercise, both remittance senders and recipients are receiving monthly text message reminders about their goals. These reminders contain a mix of encouraging messages and informative updates on progress to date. After three months, BRAC Bank advisors are also contacting participants by phone to check in with participants about their savings goals.</p> <p>To evaluate the impact of the program, participants are being randomly divided into one of three groups:</p> <ul><li><strong>Coaching group</strong>: Participants in this group are being asked about their goals during the initial survey and receiving the full advising program from BRAC Bank.</li> <li><strong>Comparison group</strong>: Participants in this group are being asked about their goals during the initial survey but are not receiving the goal setting program.</li> <li><strong>Pure comparison group</strong>: Participants in this group are not being asked about their goals or receiving the program.</li> </ul><p>Researchers are conducting a pair of remote phone surveys and drawing on BRAC Bank’s administrative data. An initial survey at the beginning of the project covered participants’ demographic characteristics, employment and income, remittance history and practices, and goals for remittance spending. A follow-up survey will be conducted after six months.</p> <h2>Results and Policy Lessons</h2> <p>Project ongoing; results forthcoming.</p> </div> </div> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub_cb30_editor.html.twig' --> </div> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'paragraph' --> <!-- FILE NAME SUGGESTIONS: * paragraph--sub-cb30-date--default.html.twig x paragraph--sub-cb30-date.html.twig * paragraph--default.html.twig * paragraph.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub-cb30-date.html.twig' --> <div class="paragraph paragraph--type--sub-cb30-date paragraph--view-mode--default"> <div class="cb-date"> July 05, 2022 </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub-cb30-date.html.twig' --> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-content-type--rss.html.twig * field--node--rss--field-details-content-type--template-g-details-flex.html.twig * field--node--rss--field-details-content-type.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-content-type--template-g-details-flex.html.twig * field--node--field-details-content-type.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-content-type.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-content-type.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-content-type field--type-entity-reference field--label-above"> <div class="field__label">Details Content Type</div> <div class="field__items"> <div class="field__item"><a href="/case-studies" hreflang="en">Case Study</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-program-areas--rss.html.twig * field--node--rss--field-details-program-areas--template-g-details-flex.html.twig * field--node--rss--field-details-program-areas.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-program-areas--template-g-details-flex.html.twig * field--node--field-details-program-areas.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-program-areas.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-program-areas.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-program-areas field--type-entity-reference field--label-above"> <div class="field__label">Details Program Areas</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/166" hreflang="en">Financial Inclusion</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-topics--rss.html.twig * field--node--rss--field-details-topics--template-g-details-flex.html.twig * field--node--rss--field-details-topics.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-topics--template-g-details-flex.html.twig * field--node--field-details-topics.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-topics.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-topics.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-topics field--type-entity-reference field--label-above"> <div class="field__label">Details Topics</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/1851" hreflang="en">Access to Finance</a></div> <div class="field__item"><a href="/taxonomy/term/6581" hreflang="en">Digital Finance</a></div> <div class="field__item"><a href="/taxonomy/term/1976" hreflang="en">Payments</a></div> <div class="field__item"><a href="/taxonomy/term/2001" hreflang="en">Remittances</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-countries--rss.html.twig * field--node--rss--field-details-countries--template-g-details-flex.html.twig * field--node--rss--field-details-countries.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-countries--template-g-details-flex.html.twig * field--node--field-details-countries.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-countries.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-countries.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-countries field--type-entity-reference field--label-above"> <div class="field__label">Details Countries</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/43" hreflang="en">Bangladesh</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-researchers--rss.html.twig * field--node--rss--field-details-researchers--template-g-details-flex.html.twig * field--node--rss--field-details-researchers.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-researchers--template-g-details-flex.html.twig * field--node--field-details-researchers.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-researchers.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig x field--field-details-researchers.html.twig * field--entity-reference.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field--field-details-researchers.html.twig' --> <div class="field field--name-field-details-researchers field--type-entity-reference field--label-above"> <div class="field-items-wrapper"> <div class="ind"> <a href="/people/dean-yang"> <div class="img" style="background-image: url('/sites/default/files/2023-08/Dean-Yang.png')"> </div> <div class="meta"> <div class="name notranslate"> Dean Yang </div> <div class="title"> University of Michigan </div> </div> </a> </div> <div class="ind"> <a href="/people/alexander-fertig"> <div class="img" style="background-image: url('/sites/default/files/headshots/Alexander-Fertig.jpg')"> </div> <div class="meta"> <div class="name notranslate"> Alexander Fertig </div> <div class="title"> University of Michigan </div> </div> </a> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field--field-details-researchers.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-study-type--rss.html.twig * field--node--rss--field-details-study-type--template-g-details-flex.html.twig * field--node--rss--field-details-study-type.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-study-type--template-g-details-flex.html.twig * field--node--field-details-study-type.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-study-type.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-study-type.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-study-type field--type-entity-reference field--label-above"> <div class="field__label">Details Study Type</div> <div class="field__item"><a href="/taxonomy/term/2271" hreflang="en">Randomized Evaluation</a></div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-staff--rss.html.twig * field--node--rss--field-staff--template-g-details-flex.html.twig * field--node--rss--field-staff.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-staff--template-g-details-flex.html.twig * field--node--field-staff.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-staff.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig x field--field-staff.html.twig * field--entity-reference-revisions.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field--field-staff.html.twig' --> <div class="field field--name-field-staff field--type-entity-reference-revisions field--label-above"> <div class="field-items-wrapper"> <div class="ind"> <a href="/people/rachel-pizatella-haswell"> <div class="img" style="background-image: url('/sites/default/files/headshots/Pizatella-Haswell_headshot.jpg')"> </div> <div class="meta"> <div class="name notranslate"> Rachel Pizatella-Haswell </div> <div class="title"> Program Manager, Financial Inclusion Program </div> </div> </a> </div> <div class="ind"> <a href="/people/shabib-raihan"> <div class="img" style="background-image: url('/sites/default/files/headshots/Shabib-Raihan_updated.jpg')"> </div> <div class="meta"> <div class="name notranslate"> Shabib Raihan </div> <div class="title"> Senior Research Associate </div> </div> </a> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field--field-staff.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-sample-size--rss.html.twig * field--node--rss--field-sample-size--template-g-details-flex.html.twig * field--node--rss--field-sample-size.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-sample-size--template-g-details-flex.html.twig * field--node--field-sample-size.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-sample-size.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-sample-size.html.twig * field--string.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-sample-size field--type-string field--label-above"> <div class="field__label">Sample Size</div> <div class="field__item">1600 migrant and recipient pairs who regularly send and receive remittances</div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-timeline--rss.html.twig * field--node--rss--field-timeline--template-g-details-flex.html.twig * field--node--rss--field-timeline.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-timeline--template-g-details-flex.html.twig * field--node--field-timeline.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-timeline.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-timeline.html.twig * field--string-long.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-timeline field--type-string-long field--label-above"> <div class="field__label">Timeline</div> <div class="field__item">2021-2023</div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-file--rss.html.twig * field--node--rss--field-file--template-g-details-flex.html.twig * field--node--rss--field-file.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-file--template-g-details-flex.html.twig * field--node--field-file.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-file.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-file.html.twig * field--file.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-file field--type-file field--label-above"> <div class="field__label">File</div> <div class="field__items"> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'pdfpreview_formatter' --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/pdfpreview-formatter.html.twig' --> <div class="pdfpreview" id="pdfpreview-751940"> <div class="pdfpreview-image-wrapper"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'image_formatter' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/image-formatter.html.twig' --> <a href="/sites/default/files/2023-01/IPA%20-%20The%20Impact%20of%20Migrant%20Remittances%20and%20Financial%20Services%20on%20Savings.pdf"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'image_style' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/image-style.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'image' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/image.html.twig' --> <img alt="" title="" class="pdfpreview-file image-style-large" src="/sites/default/files/styles/large/public/pdfpreview/751940-IPA%20-%20The%20Impact%20of%20Migrant%20Remittances%20and%20Financial%20Services%20on%20Savings.png?itok=-PLfrGtP" width="371" height="480" loading="lazy" typeof="foaf:Image" /> <!-- END OUTPUT from 'core/themes/classy/templates/field/image.html.twig' --> <!-- END OUTPUT from 'core/themes/classy/templates/field/image-style.html.twig' --> </a> <!-- END OUTPUT from 'core/themes/classy/templates/field/image-formatter.html.twig' --> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/pdfpreview-formatter.html.twig' --> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-post-teaser-text--rss.html.twig * field--node--rss--field-post-teaser-text--template-g-details-flex.html.twig * field--node--rss--field-post-teaser-text.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-post-teaser-text--template-g-details-flex.html.twig * field--node--field-post-teaser-text.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-post-teaser-text.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-post-teaser-text.html.twig x field--text-long.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> <div class="clearfix text-formatted field field--name-field-post-teaser-text field--type-text-long field--label-above"> <div class="field__label">Post Teaser Text</div> <div class="field__item"><p>Digital remittances may be an effective tool for addressing extreme poverty in rural areas, but little is known about how to maximize their impact.In Bangladesh, researchers are working with IPA, United Nations Capital Development Fund (UNCDF) and BRAC Bank to evaluate the impact of aligning the financial goals of  remittance senders and recipients on financial behavior. Migration, especially from urban to rural locations or internationally, provides a tool for households to expand their labor and earning potential.Mobile money technologies allow international migrants in search of employment to easily send money back home to their relatives.</p></div> </div> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> Tue, 05 Jul 2022 20:04:45 +0000 Anonymous 51386 at https://poverty-action.org Measuring the True Cost of Digital Transactions in Uganda https://poverty-action.org/study/measuring-true-cost-digital-transactions-uganda <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--title--rss.html.twig * field--node--rss--title--template-g-details-flex.html.twig * field--node--rss--title.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--title--template-g-details-flex.html.twig x field--node--title.html.twig * field--node--template-g-details-flex.html.twig * field--rss--title.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--title.html.twig * field--string.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--title.html.twig' --> <span class="field field--name-title field--type-string field--label-hidden">Measuring the True Cost of Digital Transactions in Uganda</span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--title.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--uid--rss.html.twig * field--node--rss--uid--template-g-details-flex.html.twig * field--node--rss--uid.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--uid--template-g-details-flex.html.twig x field--node--uid.html.twig * field--node--template-g-details-flex.html.twig * field--rss--uid.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--uid.html.twig * field--entity-reference.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--uid.html.twig' --> <span class="field field--name-uid field--type-entity-reference field--label-hidden"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'username' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/user/username.html.twig' --> <span lang="" typeof="schema:Person" property="schema:name" datatype="">Anonymous (not verified)</span> <!-- END OUTPUT from 'core/themes/classy/templates/user/username.html.twig' --> </span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--uid.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--created--rss.html.twig * field--node--rss--created--template-g-details-flex.html.twig * field--node--rss--created.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--created--template-g-details-flex.html.twig x field--node--created.html.twig * field--node--template-g-details-flex.html.twig * field--rss--created.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--created.html.twig * field--rss--created.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--created.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--created.html.twig' --> <span class="field field--name-created field--type-created field--label-hidden">Tue, 04/19/2022 - 15:43</span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--created.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'links__node' --> <!-- FILE NAME SUGGESTIONS: x links--node.html.twig x links--node.html.twig * links.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/content/links--node.html.twig' --> <!-- END OUTPUT from 'core/themes/classy/templates/content/links--node.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-template-g-content-blocks--rss.html.twig * field--node--rss--field-template-g-content-blocks--template-g-details-flex.html.twig * field--node--rss--field-template-g-content-blocks.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-template-g-content-blocks--template-g-details-flex.html.twig * field--node--field-template-g-content-blocks.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-template-g-content-blocks.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-template-g-content-blocks.html.twig * field--entity-reference-revisions.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-template-g-content-blocks field--type-entity-reference-revisions field--label-above"> <div class="field__label">Template G Content Blocks</div> <div class="field__items"> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'paragraph' --> <!-- FILE NAME SUGGESTIONS: * paragraph--sub-cb30-editor--default.html.twig * paragraph--sub-cb30-editor.html.twig * paragraph--default.html.twig * paragraph.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub_cb30_editor.html.twig' --> <div class="paragraph paragraph--type--sub-cb30-editor paragraph--view-mode--default"> <div class="cb-text"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-sub-editor--default.html.twig * field--paragraph--default--field-sub-editor--sub-cb30-editor.html.twig * field--paragraph--default--field-sub-editor.html.twig * field--paragraph--default--sub-cb30-editor.html.twig * field--paragraph--field-sub-editor--sub-cb30-editor.html.twig * field--paragraph--field-sub-editor.html.twig * field--paragraph--sub-cb30-editor.html.twig * field--default--field-sub-editor.html.twig * field--default--sub-cb30-editor.html.twig * field--default.html.twig * field--field-sub-editor.html.twig x field--text-long.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> <div class="clearfix text-formatted field field--name-field-sub-editor field--type-text-long field--label-above"> <div class="field__label">Sub Editor</div> <div class="field__item"><h2>Abstract</h2><p>The price of digital financial services (DFS) can be an obstacle to its adoption and regular use, particularly in low-and-middle income countries (LMIC). In Uganda Innovations for Poverty Actions (IPA) is developing a transaction cost index (TCI) to measure the monetary and non-monetary costs of conducting DFS transactions. IPA researchers will test four methods to determine the most cost-effective way to accurately calculate real transaction costs. Results will include a report with the costs of different mobile money transactions and a cost-effectiveness analysis of the different methodologies tested. IPA researchers hope to then scale this index to other contexts.</p> <h2>Policy Issue</h2><p>Digital Financial Services (DFS) allow users to transfer funds quickly and relatively inexpensively across long distances. This allows users to pool risks over dispersed social networks. For example, an individual that suffers a health shock could request assistance from friends and family, even those living far away. Similarly products like mobile money  allow workers to move into more productive occupations in urban centers while sending money home quickly and easily.<a href="#_ftn1" name="_ftnref1" title="" id="_ftnref1"><sup><sup>[1]</sup></sup></a> Despite the benefits, take up of DFS remains low, particularly among vulnerable populations. For example, in Uganda, only 30 percent of low-income women have an account at a financial institution.<a href="#_ftn2" name="_ftnref2" title="" id="_ftnref2"><sup><sup>[2]</sup></sup></a> The price of DFS could be a barrier associated with low adoption. . In Niger and Tanzania, research reveals that demand for mobile money transfers declines as transaction costs increase and vice versa.<a href="#_ftn3" name="_ftnref3" title="" id="_ftnref3"><sup><sup>[3]</sup></sup></a> This finding suggests that costs are critical to improve financial inclusion.</p> <p>However, there are limited efforts to systematically measure and monitor the true cost of conducting common DFS transactions such as person-to-person transfers or cashing out electronic funds. The World Bank's Remittance Prices Worldwide database contains quarterly data on the cost of sending international remittances from 48 sending countries to 105 receiving countries. While this index covers official prices and exchange rate spreads to send money between countries, only smaller projects have measured the cost of certain DFS transactions, perhaps in part because of the complexity of creating a standardized measurement approach.</p> <h2>Context of the Evaluation</h2><p>With an overall mobile money penetration rate of 51 percent,<a href="#_ftn1" name="_ftnref1" title="" id="_ftnref1"><sup><sup>[4]</sup></sup></a> Uganda has a well-established digital financial service market, though nearly half of adults in the country lack access to mobile money (and only 18 percent of low-income adults have an account.<a href="#_ftn2" name="_ftnref2" title="" id="_ftnref2"><sup><sup>[5]</sup></sup></a></p> <p>Agent misconduct, and the distrust of financial service providers misconduct  can create, are issues of interest in  Uganda. In a 2020 phone survey of digital finance consumers, IPA found that nearly one third of consumers had recently experienced overcharging by an agent and that “many consumer protection problems lead to long-term damage to customer trust in providers”.<a href="#_ftn3" name="_ftnref3" title="" id="_ftnref3"><sup><sup>[6]</sup></sup></a> . As part of its <a href="https://www.poverty-action.org/program-area/financial-inclusion/consumer-protection-initiative">Consumer Protection Research Initiative</a>, IPA is working with government partners in Uganda, including the Uganda Communication Commission, to identify and address related consumer protection issues, including the <a href="https://www.poverty-action.org/study/mobile-financial-services-consumer-protection-and-dispute-resolution-uganda">effectiveness of mobile phone complaints redress systems</a>.</p> <h2>Details of the Intervention</h2><p><em>Note: This study is not a randomized trial</em></p> <p>In Uganda,, IPA is developing a transaction cost index (TCI) to measure the impact of monetary and non-monetary costs of conducting DFS transactions. Researchers will capture the real cost of common transactions using the following methods: </p> <ul><li>Mystery shopping: Trained research staff will try to collect and withdraw mobile money at agent locations as if they were normal users.</li> <li>Surveys: Research staff will survey actual users about their experience with mobile money agents. </li> <li>Remote mystery shopping: Trained research staff will transfer money to users and ask them to conduct and record their normal transactions.</li> </ul><p>The research team will also evaluate the cost effectiveness of these methods to determine which approach is better suited to developing a transaction cost index in other countries. In addition, the research team will track official prices publicly listed by financial institutions and follow policies that could affect transaction costs, such as fee caps. </p> <h2>Results and Policy Lessons</h2><p>Research ongoing; results forthcoming.</p> <h2>Sources</h2><div id="ftn1"> <p><a href="#_ftnref1" name="_ftn1" title="" id="_ftn1"><sup><sup>[1]</sup></sup></a> BMGF, 2021. Research Brief: The Impact of Mobile Money on Poverty. Bill and Melinda Gates Foundation.https://docs.gatesfoundation.org/Documents/ImpactofMobileMoneyonPoverty_ResearchBrief.pdf.</p> </div> <div id="ftn2"> <p><a href="#_ftnref2" name="_ftn2" title="" id="_ftn2"><sup><sup>[2]</sup></sup></a>The Global Findex Database 2018: Measuring Financial Inclusion and the Fintech Revolution. https://globalfindex.worldbank.org/sites/globalfindex/files/countrybook/Uganda.pdf.</p> </div> <div id="ftn3"> <p><a href="#_ftnref3" name="_ftn3" title="" id="_ftn3"><sup><sup>[3]</sup></sup></a> Aker, Jenny C., Silvia Prina, and C. Jamilah Welch, 2020. Migration, money transfers, and mobile money: Evidence from Niger." In <em>AEA Papers and Proceedings</em>, vol. 110, pp. 589-93. Nicholas Economides and Przemyslaw Jeziorski, “Mobile Money in Tanzania,” Marketing Science 36, no. 6 (November 2017): 815–37, https://doi.org/10.1287/mksc.2017.1027.</p> <div id="ftn1"> <p><a href="#_ftnref1" name="_ftn1" title="" id="_ftn1"><sup><sup>[4]</sup></sup></a> The Global Findex Database 2018: Measuring Financial Inclusion and the Fintech Revolution. https://globalfindex.worldbank.org/sites/globalfindex/files/countrybook/Uganda.pdf.</p> </div> <div id="ftn2"> <p><a href="#_ftnref2" name="_ftn2" title="" id="_ftn2"><sup><sup>[5]</sup></sup></a> Ibid.</p> </div> <div id="ftn3"> <p><a href="#_ftnref3" name="_ftn3" title="" id="_ftn3"><sup><sup>[6]</sup></sup></a> Bird, M. &amp; Mazer, R. 2021. Uganda Consumer Protection in Digital Finance Survey. <a href="https://www.poverty-action.org/sites/default/files/Uganda-Consumer-Survey-Report.pdf">https://www.poverty-action.org/sites/default/files/Uganda-Consumer-Survey-Report.pdf</a>.</p> </div> </div> </div> </div> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub_cb30_editor.html.twig' --> </div> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'paragraph' --> <!-- FILE NAME SUGGESTIONS: * paragraph--sub-cb30-date--default.html.twig x paragraph--sub-cb30-date.html.twig * paragraph--default.html.twig * paragraph.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub-cb30-date.html.twig' --> <div class="paragraph paragraph--type--sub-cb30-date paragraph--view-mode--default"> <div class="cb-date"> April 19, 2022 </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub-cb30-date.html.twig' --> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-content-type--rss.html.twig * field--node--rss--field-details-content-type--template-g-details-flex.html.twig * field--node--rss--field-details-content-type.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-content-type--template-g-details-flex.html.twig * field--node--field-details-content-type.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-content-type.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-content-type.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-content-type field--type-entity-reference field--label-above"> <div class="field__label">Details Content Type</div> <div class="field__items"> <div class="field__item"><a href="/case-studies" hreflang="en">Case Study</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-program-areas--rss.html.twig * field--node--rss--field-details-program-areas--template-g-details-flex.html.twig * field--node--rss--field-details-program-areas.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-program-areas--template-g-details-flex.html.twig * field--node--field-details-program-areas.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-program-areas.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-program-areas.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-program-areas field--type-entity-reference field--label-above"> <div class="field__label">Details Program Areas</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/166" hreflang="en">Financial Inclusion</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-topics--rss.html.twig * field--node--rss--field-details-topics--template-g-details-flex.html.twig * field--node--rss--field-details-topics.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-topics--template-g-details-flex.html.twig * field--node--field-details-topics.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-topics.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-topics.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-topics field--type-entity-reference field--label-above"> <div class="field__label">Details Topics</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/1851" hreflang="en">Access to Finance</a></div> <div class="field__item"><a href="/taxonomy/term/6416" hreflang="en">Consumer Protection</a></div> <div class="field__item"><a href="/taxonomy/term/6581" hreflang="en">Digital Finance</a></div> <div class="field__item"><a href="/taxonomy/term/9561" hreflang="en">Methods &amp; Measurement</a></div> <div class="field__item"><a href="/taxonomy/term/1976" hreflang="en">Payments</a></div> <div class="field__item"><a href="/taxonomy/term/1906" hreflang="en">Product Pricing</a></div> <div class="field__item"><a href="/taxonomy/term/2001" hreflang="en">Remittances</a></div> <div class="field__item"><a href="/taxonomy/term/6411" hreflang="en">Rural Finance</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-countries--rss.html.twig * field--node--rss--field-details-countries--template-g-details-flex.html.twig * field--node--rss--field-details-countries.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-countries--template-g-details-flex.html.twig * field--node--field-details-countries.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-countries.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-countries.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-countries field--type-entity-reference field--label-above"> <div class="field__label">Details Countries</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/109" hreflang="en">Uganda</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-researchers--rss.html.twig * field--node--rss--field-details-researchers--template-g-details-flex.html.twig * field--node--rss--field-details-researchers.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-researchers--template-g-details-flex.html.twig * field--node--field-details-researchers.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-researchers.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig x field--field-details-researchers.html.twig * field--entity-reference.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field--field-details-researchers.html.twig' --> <div class="field field--name-field-details-researchers field--type-entity-reference field--label-above"> <div class="field-items-wrapper"> <div class="ind"> <a href="/people/xavier-gine"> <div class="img" style="background-image: url('/sites/default/files/2023-08/Xavier-Gine.png')"> </div> <div class="meta"> <div class="name notranslate"> Xavier Giné </div> <div class="title"> World Bank </div> </div> </a> </div> <div class="ind"> <a href="/people/francis-annan"> <div class="img" style="background-image: url('/sites/default/files/headshots/Francis-Annan.jpg')"> </div> <div class="meta"> <div class="name notranslate"> Francis Annan </div> <div class="title"> University of California, Berkeley </div> </div> </a> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field--field-details-researchers.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-staff--rss.html.twig * field--node--rss--field-staff--template-g-details-flex.html.twig * field--node--rss--field-staff.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-staff--template-g-details-flex.html.twig * field--node--field-staff.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-staff.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig x field--field-staff.html.twig * field--entity-reference-revisions.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field--field-staff.html.twig' --> <div class="field field--name-field-staff field--type-entity-reference-revisions field--label-above"> <div class="field-items-wrapper"> <div class="ind"> <a href="/people/anthony-kamwesigye"> <div class="img" style="background-image: url('/sites/default/files/headshots/Anthony-Kamwesigye-Web_0.jpg')"> </div> <div class="meta"> <div class="name notranslate"> Anthony Kamwesigye </div> <div class="title"> Associate Research Manager </div> </div> </a> </div> <div class="ind"> <a href="/people/lina-hochhalter"> <div class="meta"> <div class="name notranslate"> Lina Hochhalter </div> <div class="title"> Research Associate </div> </div> </a> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field--field-staff.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-timeline--rss.html.twig * field--node--rss--field-timeline--template-g-details-flex.html.twig * field--node--rss--field-timeline.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-timeline--template-g-details-flex.html.twig * field--node--field-timeline.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-timeline.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-timeline.html.twig * field--string-long.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-timeline field--type-string-long field--label-above"> <div class="field__label">Timeline</div> <div class="field__item">2021 – 2023</div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-implemented-by-ipa--rss.html.twig * field--node--rss--field-implemented-by-ipa--template-g-details-flex.html.twig * field--node--rss--field-implemented-by-ipa.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-implemented-by-ipa--template-g-details-flex.html.twig * field--node--field-implemented-by-ipa.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-implemented-by-ipa.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-implemented-by-ipa.html.twig * field--list-string.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-implemented-by-ipa field--type-list-string field--label-above"> <div class="field__label">Implemented by IPA</div> <div class="field__item">Yes</div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-post-teaser-text--rss.html.twig * field--node--rss--field-post-teaser-text--template-g-details-flex.html.twig * field--node--rss--field-post-teaser-text.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-post-teaser-text--template-g-details-flex.html.twig * field--node--field-post-teaser-text.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-post-teaser-text.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-post-teaser-text.html.twig x field--text-long.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> <div class="clearfix text-formatted field field--name-field-post-teaser-text field--type-text-long field--label-above"> <div class="field__label">Post Teaser Text</div> <div class="field__item"><p>The price of digital financial services (DFS) can be an obstacle to its adoption and regular use, particularly in low-and-middle income countries (LMIC).In Uganda Innovations for Poverty Actions (IPA) is developing a transaction cost index (TCI) to measure the monetary and non-monetary costs of conducting DFS transactions.IPA researchers will test four methods to determine the most cost-effective way to accurately calculate real transaction costs.Results will include a report with the costs of different mobile money transactions and a cost-effectiveness analysis of the different methodologies tested.</p> </div> </div> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> Tue, 19 Apr 2022 19:43:49 +0000 Anonymous 50571 at https://poverty-action.org Measuring the True Cost of Digital Transactions in Tanzania https://poverty-action.org/study/measuring-true-cost-digital-transactions-tanzania <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--title--rss.html.twig * field--node--rss--title--template-g-details-flex.html.twig * field--node--rss--title.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--title--template-g-details-flex.html.twig x field--node--title.html.twig * field--node--template-g-details-flex.html.twig * field--rss--title.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--title.html.twig * field--string.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--title.html.twig' --> <span class="field field--name-title field--type-string field--label-hidden">Measuring the True Cost of Digital Transactions in Tanzania</span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--title.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--uid--rss.html.twig * field--node--rss--uid--template-g-details-flex.html.twig * field--node--rss--uid.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--uid--template-g-details-flex.html.twig x field--node--uid.html.twig * field--node--template-g-details-flex.html.twig * field--rss--uid.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--uid.html.twig * field--entity-reference.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--uid.html.twig' --> <span class="field field--name-uid field--type-entity-reference field--label-hidden"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'username' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/user/username.html.twig' --> <span lang="" typeof="schema:Person" property="schema:name" datatype="">Anonymous (not verified)</span> <!-- END OUTPUT from 'core/themes/classy/templates/user/username.html.twig' --> </span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--uid.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--created--rss.html.twig * field--node--rss--created--template-g-details-flex.html.twig * field--node--rss--created.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--created--template-g-details-flex.html.twig x field--node--created.html.twig * field--node--template-g-details-flex.html.twig * field--rss--created.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--created.html.twig * field--rss--created.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--created.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--created.html.twig' --> <span class="field field--name-created field--type-created field--label-hidden">Tue, 04/19/2022 - 15:29</span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--created.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'links__node' --> <!-- FILE NAME SUGGESTIONS: x links--node.html.twig x links--node.html.twig * links.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/content/links--node.html.twig' --> <!-- END OUTPUT from 'core/themes/classy/templates/content/links--node.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-template-g-content-blocks--rss.html.twig * field--node--rss--field-template-g-content-blocks--template-g-details-flex.html.twig * field--node--rss--field-template-g-content-blocks.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-template-g-content-blocks--template-g-details-flex.html.twig * field--node--field-template-g-content-blocks.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-template-g-content-blocks.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-template-g-content-blocks.html.twig * field--entity-reference-revisions.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-template-g-content-blocks field--type-entity-reference-revisions field--label-above"> <div class="field__label">Template G Content Blocks</div> <div class="field__items"> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'paragraph' --> <!-- FILE NAME SUGGESTIONS: * paragraph--sub-cb30-editor--default.html.twig * paragraph--sub-cb30-editor.html.twig * paragraph--default.html.twig * paragraph.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub_cb30_editor.html.twig' --> <div class="paragraph paragraph--type--sub-cb30-editor paragraph--view-mode--default"> <div class="cb-text"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-sub-editor--default.html.twig * field--paragraph--default--field-sub-editor--sub-cb30-editor.html.twig * field--paragraph--default--field-sub-editor.html.twig * field--paragraph--default--sub-cb30-editor.html.twig * field--paragraph--field-sub-editor--sub-cb30-editor.html.twig * field--paragraph--field-sub-editor.html.twig * field--paragraph--sub-cb30-editor.html.twig * field--default--field-sub-editor.html.twig * field--default--sub-cb30-editor.html.twig * field--default.html.twig * field--field-sub-editor.html.twig x field--text-long.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> <div class="clearfix text-formatted field field--name-field-sub-editor field--type-text-long field--label-above"> <div class="field__label">Sub Editor</div> <div class="field__item"><h2>Abstract</h2><p>The price of digital financial services (DFS) can be an obstacle to its adoption and regular use, particularly in low-and-middle income countries (LMIC). In Tanzania Innovations for Poverty Actions (IPA) is developing a transaction cost index (TCI) to measure the monetary and non-monetary costs of conducting DFS transactions. IPA researchers will test four methods to determine the most cost-effective way to accurately calculate real transaction costs. Results will include a report with the costs of different mobile money transactions and a cost-effectiveness analysis of the different methodologies tested. IPA researchers hope to then scale this index to other contexts.</p> <h2>Policy Issue</h2><p>Digital Financial Services (DFS) allow users to transfer funds quickly and relatively inexpensively across long distances. This allows users to pool risks over dispersed social networks. For example, an individual that suffers a health shock could request assistance from friends and family, even those living far away. Similarly products like mobile money  allow workers to move into more productive occupations in urban centers while sending money home quickly and easily.<a href="#_ftn1" name="_ftnref1" title="" id="_ftnref1"><sup><sup>[1]</sup></sup></a> Despite the benefits, take up of DFS remains low, particularly among vulnerable populations. For example, in Tanzania, only 30 percent of low-income women have an account at a financial institution.<a href="#_ftn2" name="_ftnref2" title="" id="_ftnref2"><sup><sup>[2]</sup></sup></a> The price of DFS could be a barrier associated with low adoption. . In Niger and Tanzania, research reveals that demand for mobile money transfers declines as transaction costs increase and vice versa.<a href="#_ftn3" name="_ftnref3" title="" id="_ftnref3"><sup><sup>[3]</sup></sup></a> This finding suggests that costs are critical to improve financial inclusion.</p> <p>However, there are limited efforts to systematically measure and monitor the true cost of conducting common DFS transactions such as person-to-person transfers or cashing out electronic funds. The World Bank's Remittance Prices Worldwide database contains quarterly data on the cost of sending international remittances from 48 sending countries to 105 receiving countries. While this index covers official prices and exchange rate spreads to send money between countries, only smaller projects have measured the cost of certain DFS transactions, perhaps in part because of the complexity of creating a standardized measurement approach.</p> <h2>Context of the Evaluation</h2><p>With an overall mobile money penetration rate of 39 percent<a href="#_ftn1" name="_ftnref1" title="" id="_ftnref1"><sup><sup>[4]</sup></sup></a> , Tanzania has a relatively mature digital financial service market, though there is significant room for growth. Cost of mobile money has recently been of particular interest in Tanzania as the government’s approach to taxation of mobile money transactions has shifted. Increased taxes, which led to higher costs to consumers, corresponded with a reduction in usage of mobile money services in the country.<a href="#_ftn2" name="_ftnref2" title="" id="_ftnref2"><sup><sup>[5]</sup></sup></a> Additionally, the Bank of Tanzania is <a href="https://www.bot.go.tz/PaymentSystem/Initiatives">introducing an interoperable payment switch</a> that allows for easier transfers between mobile money providers which should lead to a decline in consumer prices for these types of transactions.</p> <p> IPA’s Financial Inclusion Program is conducting <a href="https://www.poverty-action.org/blog/serve-poor-better-financial-systems-need-talk-each-other-announcing-new-research-agenda">research into the impacts of these interoperable payment systems</a>, including work in Tanzania which may make use of data collected as part of this study.</p> <h2>Details of the Intervention</h2><p><em>Note: This study is not a randomized trial</em><br /> In Tanzania, IPA is developing a transaction cost index (TCI) to measure the impact of monetary and non-monetary costs of conducting DFS transactions. Researchers will capture the real cost of common transactions using the following methods: </p> <ul><li>Mystery shopping: Trained research staff will try to collect and withdraw mobile money at agent locations as if they were normal users.</li> <li>Surveys: Research staff will survey actual users about their experience with mobile money agents. </li> <li>Remote mystery shopping: Trained research staff will transfer money to users and ask them to conduct and record their normal transactions.</li> </ul><p>The research team will also evaluate the cost effectiveness of these methods to determine which approach is better suited to developing a transaction cost index in other countries. In addition, the research team will track official prices publicly listed by financial institutions and follow policies that could affect transaction costs, such as fee caps. </p> <h2>Results and Policy Lessons</h2><p>Research ongoing; results forthcoming.</p> <h2>Sources</h2><div> <hr align="left" size="1" width="33%" /><div id="ftn1"> <p><a href="#_ftnref1" name="_ftn1" title="" id="_ftn1"><sup><sup>[1]</sup></sup></a>BMGF, 2021. Research Brief: The Impact of Mobile Money on Poverty. Bill and Melinda Gates Foundation.<a href="https://docs.gatesfoundation.org/Documents/ImpactofMobileMoneyonPoverty_ResearchBrief.pdf">https://docs.gatesfoundation.org/Documents/ImpactofMobileMoneyonPoverty_ResearchBrief.pdf</a>.</p> </div> <div id="ftn2"> <p><a href="#_ftnref2" name="_ftn2" title="" id="_ftn2"><sup><sup>[2]</sup></sup></a> The Global Findex Database 2018: Measuring Financial Inclusion and the Fintech Revolution https://globalfindex.worldbank.org/sites/globalfindex/files/countrybook/Tanzania.pdf.</p> </div> <div id="ftn3"> <p><a href="#_ftnref3" name="_ftn3" title="" id="_ftn3"><sup><sup>[3]</sup></sup></a> Aker, Jenny C., Silvia Prina, and C. Jamilah Welch, 2020. Migration, money transfers, and mobile money: Evidence from Niger." In <em>AEA Papers and Proceedings</em>, vol. 110, pp. 589-93. Nicholas Economides and Przemyslaw Jeziorski, “Mobile Money in Tanzania,” Marketing Science 36, no. 6 (November 2017): 815–37, https://doi.org/10.1287/mksc.2017.1027.</p> <p> </p> <div id="ftn1"> <p><a href="#_ftnref1" name="_ftn1" title="" id="_ftn1"><sup><sup>[4]</sup></sup></a> The Global Findex Database 2018: Measuring Financial Inclusion and the Fintech Revolutio <a href="https://globalfindex.worldbank.org/sites/globalfindex/files/countrybook/Tanzania.pdf">https://globalfindex.worldbank.org/sites/globalfindex/files/countrybook/Tanzania.pdf</a></p> </div> <div id="ftn2"> <p><a href="#_ftnref2" name="_ftn2" title="" id="_ftn2"><sup><sup>[5]</sup></sup></a> GSMA 2021.Tanzania Mobile Money Levy Impact Analysis. https://www.gsma.com/publicpolicy/resources/tanzania-mobile-money-levy-impact-analysis.</p> </div> </div> </div> </div> </div> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub_cb30_editor.html.twig' --> </div> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'paragraph' --> <!-- FILE NAME SUGGESTIONS: * paragraph--sub-cb30-date--default.html.twig x paragraph--sub-cb30-date.html.twig * paragraph--default.html.twig * paragraph.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub-cb30-date.html.twig' --> <div class="paragraph paragraph--type--sub-cb30-date paragraph--view-mode--default"> <div class="cb-date"> April 19, 2022 </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub-cb30-date.html.twig' --> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-content-type--rss.html.twig * field--node--rss--field-details-content-type--template-g-details-flex.html.twig * field--node--rss--field-details-content-type.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-content-type--template-g-details-flex.html.twig * field--node--field-details-content-type.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-content-type.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-content-type.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-content-type field--type-entity-reference field--label-above"> <div class="field__label">Details Content Type</div> <div class="field__items"> <div class="field__item"><a href="/case-studies" hreflang="en">Case Study</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-program-areas--rss.html.twig * field--node--rss--field-details-program-areas--template-g-details-flex.html.twig * field--node--rss--field-details-program-areas.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-program-areas--template-g-details-flex.html.twig * field--node--field-details-program-areas.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-program-areas.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-program-areas.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-program-areas field--type-entity-reference field--label-above"> <div class="field__label">Details Program Areas</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/166" hreflang="en">Financial Inclusion</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-topics--rss.html.twig * field--node--rss--field-details-topics--template-g-details-flex.html.twig * field--node--rss--field-details-topics.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-topics--template-g-details-flex.html.twig * field--node--field-details-topics.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-topics.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-topics.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-topics field--type-entity-reference field--label-above"> <div class="field__label">Details Topics</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/1851" hreflang="en">Access to Finance</a></div> <div class="field__item"><a href="/taxonomy/term/6416" hreflang="en">Consumer Protection</a></div> <div class="field__item"><a href="/taxonomy/term/6581" hreflang="en">Digital Finance</a></div> <div class="field__item"><a href="/taxonomy/term/9561" hreflang="en">Methods &amp; Measurement</a></div> <div class="field__item"><a href="/taxonomy/term/1976" hreflang="en">Payments</a></div> <div class="field__item"><a href="/taxonomy/term/1906" hreflang="en">Product Pricing</a></div> <div class="field__item"><a href="/taxonomy/term/2001" hreflang="en">Remittances</a></div> <div class="field__item"><a href="/taxonomy/term/6411" hreflang="en">Rural Finance</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-countries--rss.html.twig * field--node--rss--field-details-countries--template-g-details-flex.html.twig * field--node--rss--field-details-countries.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-countries--template-g-details-flex.html.twig * field--node--field-details-countries.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-countries.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-countries.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-countries field--type-entity-reference field--label-above"> <div class="field__label">Details Countries</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/104" hreflang="en">Tanzania</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-researchers--rss.html.twig * field--node--rss--field-details-researchers--template-g-details-flex.html.twig * field--node--rss--field-details-researchers.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-researchers--template-g-details-flex.html.twig * field--node--field-details-researchers.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-researchers.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig x field--field-details-researchers.html.twig * field--entity-reference.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field--field-details-researchers.html.twig' --> <div class="field field--name-field-details-researchers field--type-entity-reference field--label-above"> <div class="field-items-wrapper"> <div class="ind"> <a href="/people/xavier-gine"> <div class="img" style="background-image: url('/sites/default/files/2023-08/Xavier-Gine.png')"> </div> <div class="meta"> <div class="name notranslate"> Xavier Giné </div> <div class="title"> World Bank </div> </div> </a> </div> <div class="ind"> <a href="/people/francis-annan"> <div class="img" style="background-image: url('/sites/default/files/headshots/Francis-Annan.jpg')"> </div> <div class="meta"> <div class="name notranslate"> Francis Annan </div> <div class="title"> University of California, Berkeley </div> </div> </a> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field--field-details-researchers.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-staff--rss.html.twig * field--node--rss--field-staff--template-g-details-flex.html.twig * field--node--rss--field-staff.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-staff--template-g-details-flex.html.twig * field--node--field-staff.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-staff.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig x field--field-staff.html.twig * field--entity-reference-revisions.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field--field-staff.html.twig' --> <div class="field field--name-field-staff field--type-entity-reference-revisions field--label-above"> <div class="field-items-wrapper"> <div class="ind"> <a href="/people/william-blackmon"> <div class="img" style="background-image: url('/sites/default/files/headshots/William-Blackmon_edited.jpg')"> </div> <div class="meta"> <div class="name notranslate"> William Blackmon </div> <div class="title"> Senior Research Manager, Financial Inclusion Program </div> </div> </a> </div> <div class="ind"> <a href="/people/kyu-khin-gar"> <div class="img" style="background-image: url('/sites/default/files/headshots/Khu-Khin-Gar.jpg')"> </div> <div class="meta"> <div class="name notranslate"> Kyu Khin Gar </div> <div class="title"> Research Manager </div> </div> </a> </div> <div class="ind"> <a href="/people/veronica-kakengi"> <div class="img" style="background-image: url('/sites/default/files/headshots/Veronica%20Kakengi.jpg')"> </div> <div class="meta"> <div class="name notranslate"> Veronica Kakengi </div> <div class="title"> Research Associate </div> </div> </a> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field--field-staff.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-timeline--rss.html.twig * field--node--rss--field-timeline--template-g-details-flex.html.twig * field--node--rss--field-timeline.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-timeline--template-g-details-flex.html.twig * field--node--field-timeline.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-timeline.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-timeline.html.twig * field--string-long.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-timeline field--type-string-long field--label-above"> <div class="field__label">Timeline</div> <div class="field__item">2021 – 2023</div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-implemented-by-ipa--rss.html.twig * field--node--rss--field-implemented-by-ipa--template-g-details-flex.html.twig * field--node--rss--field-implemented-by-ipa.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-implemented-by-ipa--template-g-details-flex.html.twig * field--node--field-implemented-by-ipa.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-implemented-by-ipa.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-implemented-by-ipa.html.twig * field--list-string.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-implemented-by-ipa field--type-list-string field--label-above"> <div class="field__label">Implemented by IPA</div> <div class="field__item">Yes</div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-post-teaser-text--rss.html.twig * field--node--rss--field-post-teaser-text--template-g-details-flex.html.twig * field--node--rss--field-post-teaser-text.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-post-teaser-text--template-g-details-flex.html.twig * field--node--field-post-teaser-text.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-post-teaser-text.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-post-teaser-text.html.twig x field--text-long.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> <div class="clearfix text-formatted field field--name-field-post-teaser-text field--type-text-long field--label-above"> <div class="field__label">Post Teaser Text</div> <div class="field__item"><p>The price of digital financial services (DFS) can be an obstacle to its adoption and regular use, particularly in low-and-middle income countries (LMIC).In Tanzania Innovations for Poverty Actions (IPA) is developing a transaction cost index (TCI) to measure the monetary and non-monetary costs of conducting DFS transactions.IPA researchers will test four methods to determine the most cost-effective way to accurately calculate real transaction costs.Results will include a report with the costs of different mobile money transactions and a cost-effectiveness analysis of the different methodologies tested.</p> </div> </div> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> Tue, 19 Apr 2022 19:29:14 +0000 Anonymous 50566 at https://poverty-action.org Measuring the True Cost of Digital Transactions in Bangladesh https://poverty-action.org/study/measuring-true-cost-digital-transactions-bangladesh <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--title--rss.html.twig * field--node--rss--title--template-g-details-flex.html.twig * field--node--rss--title.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--title--template-g-details-flex.html.twig x field--node--title.html.twig * field--node--template-g-details-flex.html.twig * field--rss--title.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--title.html.twig * field--string.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--title.html.twig' --> <span class="field field--name-title field--type-string field--label-hidden">Measuring the True Cost of Digital Transactions in Bangladesh</span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--title.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--uid--rss.html.twig * field--node--rss--uid--template-g-details-flex.html.twig * field--node--rss--uid.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--uid--template-g-details-flex.html.twig x field--node--uid.html.twig * field--node--template-g-details-flex.html.twig * field--rss--uid.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--uid.html.twig * field--entity-reference.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--uid.html.twig' --> <span class="field field--name-uid field--type-entity-reference field--label-hidden"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'username' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/user/username.html.twig' --> <span lang="" typeof="schema:Person" property="schema:name" datatype="">Anonymous (not verified)</span> <!-- END OUTPUT from 'core/themes/classy/templates/user/username.html.twig' --> </span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--uid.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--created--rss.html.twig * field--node--rss--created--template-g-details-flex.html.twig * field--node--rss--created.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--created--template-g-details-flex.html.twig x field--node--created.html.twig * field--node--template-g-details-flex.html.twig * field--rss--created.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--created.html.twig * field--rss--created.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--created.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--created.html.twig' --> <span class="field field--name-created field--type-created field--label-hidden">Tue, 04/19/2022 - 15:21</span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--created.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'links__node' --> <!-- FILE NAME SUGGESTIONS: x links--node.html.twig x links--node.html.twig * links.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/content/links--node.html.twig' --> <!-- END OUTPUT from 'core/themes/classy/templates/content/links--node.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-template-g-content-blocks--rss.html.twig * field--node--rss--field-template-g-content-blocks--template-g-details-flex.html.twig * field--node--rss--field-template-g-content-blocks.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-template-g-content-blocks--template-g-details-flex.html.twig * field--node--field-template-g-content-blocks.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-template-g-content-blocks.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-template-g-content-blocks.html.twig * field--entity-reference-revisions.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-template-g-content-blocks field--type-entity-reference-revisions field--label-above"> <div class="field__label">Template G Content Blocks</div> <div class="field__items"> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'paragraph' --> <!-- FILE NAME SUGGESTIONS: * paragraph--sub-cb30-editor--default.html.twig * paragraph--sub-cb30-editor.html.twig * paragraph--default.html.twig * paragraph.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub_cb30_editor.html.twig' --> <div class="paragraph paragraph--type--sub-cb30-editor paragraph--view-mode--default"> <div class="cb-text"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-sub-editor--default.html.twig * field--paragraph--default--field-sub-editor--sub-cb30-editor.html.twig * field--paragraph--default--field-sub-editor.html.twig * field--paragraph--default--sub-cb30-editor.html.twig * field--paragraph--field-sub-editor--sub-cb30-editor.html.twig * field--paragraph--field-sub-editor.html.twig * field--paragraph--sub-cb30-editor.html.twig * field--default--field-sub-editor.html.twig * field--default--sub-cb30-editor.html.twig * field--default.html.twig * field--field-sub-editor.html.twig x field--text-long.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> <div class="clearfix text-formatted field field--name-field-sub-editor field--type-text-long field--label-above"> <div class="field__label">Sub Editor</div> <div class="field__item"><h2>Abstract</h2><p>The price of digital financial services (DFS) can be an obstacle to its adoption and regular use, particularly in low-and-middle income countries (LMIC). In Bangladesh Innovations for Poverty Actions (IPA) is developing a transaction cost index (TCI) to measure the monetary and non-monetary costs of conducting DFS transactions. IPA researchers will test four methods to determine the most cost-effective way to accurately calculate real transaction costs. Results will include a report with the costs of different mobile money transactions and a cost-effectiveness analysis of the different methodologies tested. IPA researchers hope to then scale this index to other contexts. </p> <h2>Policy Issue</h2><p>Digital Financial Services (DFS) allow users to transfer funds quickly and relatively inexpensively across long distances. This allows users to pool risks over dispersed social networks. For example, an individual that suffers a health shock could request assistance from friends and family, even those living far away. Similarly products like mobile money  allow workers to move into more productive occupations in urban centers while sending money home quickly and easily.<a href="#_ftn1" name="_ftnref1" title="" id="_ftnref1"><sup><sup>[1]</sup></sup></a> Despite the benefits, take up of DFS remains low, particularly among vulnerable populations. For example, in Bangladesh, only 36 percent of women have an account at a financial institution.<a href="#_ftn2" name="_ftnref2" title="" id="_ftnref2"><sup><sup>[2]</sup></sup></a> The price of DFS could be a barrier associated with low adoption. . In Niger and Tanzania, research reveals that demand for mobile money transfers declines as transaction costs increase and vice versa.<a href="#_ftn3" name="_ftnref3" title="" id="_ftnref3"><sup><sup>[3]</sup></sup></a> This finding suggests that costs are critical to improve financial inclusion.</p> <p>However, there are limited efforts to systematically measure and monitor the true cost of conducting common DFS transactions such as person-to-person transfers or cashing out electronic funds. The World Bank's Remittance Prices Worldwide database contains quarterly data on the cost of sending international remittances from 48 sending countries to 105 receiving countries. While this index covers official prices and exchange rate spreads to send money between countries, only smaller projects have measured the cost of certain DFS transactions, perhaps in part because of the complexity of creating a standardized measurement approach.</p> <h2>Context of the Evaluation</h2><p>Access to the internet and digital technology has facilitated economic and social growth in Bangladesh. In 2021, 90 million people out of 165 million living in Bangladesh had access to mobile phones, and mobile phones served as the primary means of accessing the internet.<a href="#_ftn1" name="_ftnref1" title="" id="_ftnref1"><sup><sup>[4]</sup></sup></a>  Though Bangladesh  mobile penetration rate – 21percent  in 2018<a href="#_ftn2" name="_ftnref2" title="" id="_ftnref2"><sup><sup>[5]</sup></sup></a> – is relatively low.</p> <p>Because of its population, Bangladesh has the most mobile money users in the world.<a href="#_ftn3" name="_ftnref3" title="" id="_ftnref3"><sup><sup>[6]</sup></sup></a> Furthermore, the use of DFS increased during the COVID-19 pandemic, as mobile technology provided necessary access to connectivity as well as essential services in Bangladesh (namely digital government-to-person payments). For example, a DFS provider reported that in January 2020, around 32 million mobile subscribers were using its platform. This number rose to 45 million subscribers in April 2020, an increase of 40 percent. Despite this increase, most adults in Bangladesh lack mobile money accounts, and many of those that do have accounts use them infrequently.</p> <h2>Details of the Intervention</h2><p><em>Note: This study is not a randomized trial</em></p> <p>In Bangladesh, IPA is developing a transaction cost index (TCI) to measure the impact of monetary and non-monetary costs of conducting DFS transactions. Researchers will capture the real cost of common transactions using the following methods: </p> <ul><li>Mystery shopping: Trained research staff will try to collect and withdraw mobile money at agent locations as if they were normal users.</li> <li>Surveys: Research staff will survey actual users about their experience with mobile money agents. </li> <li>Remote mystery shopping: Trained research staff will transfer money to users and ask them to conduct and record their normal transactions.</li> <li>Crowdsourcing: Volunteers will collect costs directly from users via a mobile application.</li> </ul><p>The research team will also evaluate the cost effectiveness of these methods to determine which approach is better suited to developing a transaction cost index in other countries. In addition, the research team will track official prices publicly listed by financial institutions and follow policies that could affect transaction costs, such as fee caps. </p> <h2>Results and Policy Lessons</h2><p>Research ongoing; results forthcoming.</p> <h2>Sources</h2><div> <div id="ftn1"> <p><a href="#_ftnref1" name="_ftn1" title="" id="_ftn1"><sup><sup>[1]</sup></sup></a>BMGF, 2021. Research Brief: The Impact of Mobile Money on Poverty. Bill and Melinda Gates Foundation.https://docs.gatesfoundation.org/Documents/ImpactofMobileMoneyonPoverty_ResearchBrief.pdf.</p> </div> <div id="ftn2"> <p><a href="#_ftnref2" name="_ftn2" title="" id="_ftn2"><sup><sup>[2]</sup></sup></a>  The Global Findex Database 2018: Measuring Financial Inclusion and the Fintech Revolution <a href="https://globalfindex.worldbank.org/sites/globalfindex/files/countrybook/Bangladesh.pdf">https://globalfindex.worldbank.org/sites/globalfindex/files/countrybook/Bangladesh.pdf</a>.</p> </div> <div id="ftn3"> <p><a href="#_ftnref3" name="_ftn3" title="" id="_ftn3"><sup><sup>[3]</sup></sup></a> Aker, Jenny C., Silvia Prina, and C. Jamilah Welch, 2020. Migration, money transfers, and mobile money: Evidence from Niger." In <em>AEA Papers and Proceedings</em>, vol. 110, pp. 589-93. Nicholas Economides and Przemyslaw Jeziorski, “Mobile Money in Tanzania,” Marketing Science 36, no. 6 (November 2017): 815–37, https://doi.org/10.1287/mksc.2017.1027.</p> <div id="ftn1"> <p><a href="#_ftnref1" name="_ftn1" title="" id="_ftn1"><sup><sup>[4]</sup></sup></a> GSMA,2021. “Achieving mobile-enabled digital inclusion in Bangladesh.”</p> <p><a href="https://www.gsma.com/mobilefordevelopment/wp-content/uploads/2021/03/Achieving-mobile-enabled-digital-inclusion-in-Bangladesh.pdf">https://www.gsma.com/mobilefordevelopment/wp-content/uploads/2021/03/Achieving-mobile-enabled-digital-inclusion-in-Bangladesh.pdf</a>.</p> </div> <div id="ftn2"> <p><a href="#_ftnref2" name="_ftn2" title="" id="_ftn2"><sup><sup>[5]</sup></sup></a> The Global Findex Database 2018: Measuring Financial Inclusion and the Fintech Revolution <a href="https://globalfindex.worldbank.org/sites/globalfindex/files/countrybook/Bangladesh.pdf">https://globalfindex.worldbank.org/sites/globalfindex/files/countrybook/Bangladesh.pdf</a>.</p> </div> <div id="ftn3"> <p><a href="#_ftnref3" name="_ftn3" title="" id="_ftn3"><sup><sup>[6]</sup></sup></a> Kyle Navis, “And the World Leader in Mobile Money Adoption Is… (Not Where You Think),” Center For Global Development, May 14, 2019, <a href="https://www.cgdev.org/blog/and-world-leader-mobile-money-adoption-not-where-you-think">https://www.cgdev.org/blog/and-world-leader-mobile-money-adoption-not-where-you-think</a>.</p> </div> </div> </div> </div> </div> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub_cb30_editor.html.twig' --> </div> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'paragraph' --> <!-- FILE NAME SUGGESTIONS: * paragraph--sub-cb30-date--default.html.twig x paragraph--sub-cb30-date.html.twig * paragraph--default.html.twig * paragraph.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub-cb30-date.html.twig' --> <div class="paragraph paragraph--type--sub-cb30-date paragraph--view-mode--default"> <div class="cb-date"> April 19, 2022 </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub-cb30-date.html.twig' --> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-content-type--rss.html.twig * field--node--rss--field-details-content-type--template-g-details-flex.html.twig * field--node--rss--field-details-content-type.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-content-type--template-g-details-flex.html.twig * field--node--field-details-content-type.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-content-type.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-content-type.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-content-type field--type-entity-reference field--label-above"> <div class="field__label">Details Content Type</div> <div class="field__items"> <div class="field__item"><a href="/case-studies" hreflang="en">Case Study</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-program-areas--rss.html.twig * field--node--rss--field-details-program-areas--template-g-details-flex.html.twig * field--node--rss--field-details-program-areas.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-program-areas--template-g-details-flex.html.twig * field--node--field-details-program-areas.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-program-areas.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-program-areas.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-program-areas field--type-entity-reference field--label-above"> <div class="field__label">Details Program Areas</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/166" hreflang="en">Financial Inclusion</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-topics--rss.html.twig * field--node--rss--field-details-topics--template-g-details-flex.html.twig * field--node--rss--field-details-topics.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-topics--template-g-details-flex.html.twig * field--node--field-details-topics.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-topics.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-topics.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-topics field--type-entity-reference field--label-above"> <div class="field__label">Details Topics</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/1851" hreflang="en">Access to Finance</a></div> <div class="field__item"><a href="/taxonomy/term/6416" hreflang="en">Consumer Protection</a></div> <div class="field__item"><a href="/taxonomy/term/6581" hreflang="en">Digital Finance</a></div> <div class="field__item"><a href="/taxonomy/term/9561" hreflang="en">Methods &amp; Measurement</a></div> <div class="field__item"><a href="/taxonomy/term/1976" hreflang="en">Payments</a></div> <div class="field__item"><a href="/taxonomy/term/1906" hreflang="en">Product Pricing</a></div> <div class="field__item"><a href="/taxonomy/term/2001" hreflang="en">Remittances</a></div> <div class="field__item"><a href="/taxonomy/term/6411" hreflang="en">Rural Finance</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-countries--rss.html.twig * field--node--rss--field-details-countries--template-g-details-flex.html.twig * field--node--rss--field-details-countries.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-countries--template-g-details-flex.html.twig * field--node--field-details-countries.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-countries.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-countries.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-countries field--type-entity-reference field--label-above"> <div class="field__label">Details Countries</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/43" hreflang="en">Bangladesh</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-researchers--rss.html.twig * field--node--rss--field-details-researchers--template-g-details-flex.html.twig * field--node--rss--field-details-researchers.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-researchers--template-g-details-flex.html.twig * field--node--field-details-researchers.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-researchers.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig x field--field-details-researchers.html.twig * field--entity-reference.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field--field-details-researchers.html.twig' --> <div class="field field--name-field-details-researchers field--type-entity-reference field--label-above"> <div class="field-items-wrapper"> <div class="ind"> <a href="/people/xavier-gine"> <div class="img" style="background-image: url('/sites/default/files/2023-08/Xavier-Gine.png')"> </div> <div class="meta"> <div class="name notranslate"> Xavier Giné </div> <div class="title"> World Bank </div> </div> </a> </div> <div class="ind"> <a href="/people/francis-annan"> <div class="img" style="background-image: url('/sites/default/files/headshots/Francis-Annan.jpg')"> </div> <div class="meta"> <div class="name notranslate"> Francis Annan </div> <div class="title"> University of California, Berkeley </div> </div> </a> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field--field-details-researchers.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-staff--rss.html.twig * field--node--rss--field-staff--template-g-details-flex.html.twig * field--node--rss--field-staff.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-staff--template-g-details-flex.html.twig * field--node--field-staff.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-staff.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig x field--field-staff.html.twig * field--entity-reference-revisions.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field--field-staff.html.twig' --> <div class="field field--name-field-staff field--type-entity-reference-revisions field--label-above"> <div class="field-items-wrapper"> <div class="ind"> <a href="/people/rachel-pizatella-haswell"> <div class="img" style="background-image: url('/sites/default/files/headshots/Pizatella-Haswell_headshot.jpg')"> </div> <div class="meta"> <div class="name notranslate"> Rachel Pizatella-Haswell </div> <div class="title"> Program Manager, Financial Inclusion Program </div> </div> </a> </div> <div class="ind"> <a href="/people/akmam-binte-arif"> <div class="meta"> <div class="name notranslate"> Akmam Binte Arif </div> <div class="title"> Associate Research Analyst </div> </div> </a> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field--field-staff.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-timeline--rss.html.twig * field--node--rss--field-timeline--template-g-details-flex.html.twig * field--node--rss--field-timeline.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-timeline--template-g-details-flex.html.twig * field--node--field-timeline.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-timeline.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-timeline.html.twig * field--string-long.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-timeline field--type-string-long field--label-above"> <div class="field__label">Timeline</div> <div class="field__item">2021 – 2023</div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-implemented-by-ipa--rss.html.twig * field--node--rss--field-implemented-by-ipa--template-g-details-flex.html.twig * field--node--rss--field-implemented-by-ipa.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-implemented-by-ipa--template-g-details-flex.html.twig * field--node--field-implemented-by-ipa.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-implemented-by-ipa.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-implemented-by-ipa.html.twig * field--list-string.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-implemented-by-ipa field--type-list-string field--label-above"> <div class="field__label">Implemented by IPA</div> <div class="field__item">Yes</div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-post-teaser-text--rss.html.twig * field--node--rss--field-post-teaser-text--template-g-details-flex.html.twig * field--node--rss--field-post-teaser-text.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-post-teaser-text--template-g-details-flex.html.twig * field--node--field-post-teaser-text.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-post-teaser-text.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-post-teaser-text.html.twig x field--text-long.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> <div class="clearfix text-formatted field field--name-field-post-teaser-text field--type-text-long field--label-above"> <div class="field__label">Post Teaser Text</div> <div class="field__item"><p>The price of digital financial services (DFS) can be an obstacle to its adoption and regular use, particularly in low-and-middle income countries (LMIC).In Bangladesh Innovations for Poverty Actions (IPA) is developing a transaction cost index (TCI) to measure the monetary and non-monetary costs of conducting DFS transactions.IPA researchers will test four methods to determine the most cost-effective way to accurately calculate real transaction costs.Results will include a report with the costs of different mobile money transactions and a cost-effectiveness analysis of the different methodologies tested.</p> </div> </div> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> Tue, 19 Apr 2022 19:21:12 +0000 Anonymous 50561 at https://poverty-action.org The Role of Savings Accounts and Remittances in Mitigating the COVID-19 Crisis in Nicaragua https://poverty-action.org/study/role-savings-accounts-and-remittances-mitigating-covid-19-crisis-nicaragua <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--title--rss.html.twig * field--node--rss--title--template-g-details-flex.html.twig * field--node--rss--title.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--title--template-g-details-flex.html.twig x field--node--title.html.twig * field--node--template-g-details-flex.html.twig * field--rss--title.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--title.html.twig * field--string.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--title.html.twig' --> <span class="field field--name-title field--type-string field--label-hidden">The Role of Savings Accounts and Remittances in Mitigating the COVID-19 Crisis in Nicaragua</span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--title.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--uid--rss.html.twig * field--node--rss--uid--template-g-details-flex.html.twig * field--node--rss--uid.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--uid--template-g-details-flex.html.twig x field--node--uid.html.twig * field--node--template-g-details-flex.html.twig * field--rss--uid.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--uid.html.twig * field--entity-reference.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--uid.html.twig' --> <span class="field field--name-uid field--type-entity-reference field--label-hidden"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'username' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/user/username.html.twig' --> <span lang="" typeof="schema:Person" property="schema:name" datatype="">Anonymous (not verified)</span> <!-- END OUTPUT from 'core/themes/classy/templates/user/username.html.twig' --> </span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--uid.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--created--rss.html.twig * field--node--rss--created--template-g-details-flex.html.twig * field--node--rss--created.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--created--template-g-details-flex.html.twig x field--node--created.html.twig * field--node--template-g-details-flex.html.twig * field--rss--created.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--created.html.twig * field--rss--created.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--created.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--created.html.twig' --> <span class="field field--name-created field--type-created field--label-hidden">Wed, 02/02/2022 - 17:40</span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--created.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'links__node' --> <!-- FILE NAME SUGGESTIONS: x links--node.html.twig x links--node.html.twig * links.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/content/links--node.html.twig' --> <!-- END OUTPUT from 'core/themes/classy/templates/content/links--node.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-template-g-content-blocks--rss.html.twig * field--node--rss--field-template-g-content-blocks--template-g-details-flex.html.twig * field--node--rss--field-template-g-content-blocks.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-template-g-content-blocks--template-g-details-flex.html.twig * field--node--field-template-g-content-blocks.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-template-g-content-blocks.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-template-g-content-blocks.html.twig * field--entity-reference-revisions.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-template-g-content-blocks field--type-entity-reference-revisions field--label-above"> <div class="field__label">Template G Content Blocks</div> <div class="field__items"> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'paragraph' --> <!-- FILE NAME SUGGESTIONS: * paragraph--sub-cb30-editor--default.html.twig * paragraph--sub-cb30-editor.html.twig * paragraph--default.html.twig * paragraph.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub_cb30_editor.html.twig' --> <div class="paragraph paragraph--type--sub-cb30-editor paragraph--view-mode--default"> <div class="cb-text"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-sub-editor--default.html.twig * field--paragraph--default--field-sub-editor--sub-cb30-editor.html.twig * field--paragraph--default--field-sub-editor.html.twig * field--paragraph--default--sub-cb30-editor.html.twig * field--paragraph--field-sub-editor--sub-cb30-editor.html.twig * field--paragraph--field-sub-editor.html.twig * field--paragraph--sub-cb30-editor.html.twig * field--default--field-sub-editor.html.twig * field--default--sub-cb30-editor.html.twig * field--default.html.twig * field--field-sub-editor.html.twig x field--text-long.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> <div class="clearfix text-formatted field field--name-field-sub-editor field--type-text-long field--label-above"> <div class="field__label">Sub Editor</div> <div class="field__item"><h2>Abstract</h2><p>There is a limited understanding of how access to formal financial services may have helped vulnerable populations cope with the economic effects of the COVID-19 pandemic. Did formal savings help families cope with interruptions in employment? And, did digital remittances help mitigate the financial shocks of the pandemic? In Nicaragua, researchers leveraged an existing randomized evaluation—aimed at improving the productivity of the self-employed rural population—combined with bank administrative data to answer those questions.</p> <h2>Policy Issue</h2><p>The COVID-19 pandemic has resulted in massive loss of life and an unprecedented economic crisis with far-reaching social impacts. There is however little evidence on the mechanisms that could help populations cope with the economic impacts of the pandemic. Two potential methods of weathering economic shocks are formal savings and remittances. Some <a href="https://www.poverty-action.org/sites/default/files/publications/Building-Resilience-through-Financial-Inclusion-English.pdf">evidence</a> suggests that households with robust savings can weather shocks like unemployment. In the absence of savings, households may rely on other sources of income, for example, remittances—transfers sent home by migrants to support their families.</p> <p>However, in the context of the COVID-19 pandemic, it is unclear whether remittances will provide an adequate social safety net. The global economic crisis could have affected the income of remittance issuers, thereby reducing remittances. Lockdowns and mobility restrictions could also affect migration and supply chains, making it difficult to send remittances. At the same time, the pandemic has led to widespread adoption of digital financial services<a href="#_ftn1" name="_ftnref1" title="" id="_ftnref1"><sup><sup>[1]</sup></sup></a>. This increased use of mobile money could have increased remittances.</p> <div> <div id="ftn1"> <p> </p> </div> </div> <h2>Context of the Evaluation</h2><p>The COVID 19 pandemic and the political crisis Nicaragua is currently experiencing threatens to reverse the progress achieved between 2005 and 2014 when the country experienced a constant growth of 4 percent and reduced poverty by half. Moreover, despite progress, Nicaragua remains one of the poorest countries in the region, surpassed only by Haiti, and access to basic services remains a key challenge.</p> <p>Even before the pandemic, poverty in Nicaragua started to increase (from 9.5 percent in 2017 to 13.1 percent in 2019), a situation expected to worsen with the loss of jobs associated with the pandemic and renewed political instability. Experts estimate that more than 80,000 new people will live in poverty compared to 2019.<a href="#_ftn1" name="_ftnref1" title="" id="_ftnref1"><sup><sup>[1]</sup></sup></a></p> <p>Savings or any other mechanism to deal with financial shocks in the Nicaraguan population are rare, in fact, only one in three adults had access to a bank account.<a href="#_ftn2" name="_ftnref2" title="" id="_ftnref2"><sup><sup>[2]</sup></sup></a> In the absence of financial security, many people had to lower even more their expenses. According to a phone survey by the World Bank, food insecurity worsened as 26 percent of households reported running out of food during the pandemic.<a href="#_ftn3" name="_ftnref3" title="" id="_ftnref3"><sup><sup>[3]</sup></sup></a> For many households, remittances, which represent 10 percent of the Gross Domestic Product (GDP), are the only income they have left to cope with this economic recession.</p> <div> <div id="ftn3"> </div> </div> <h2>Details of the Intervention</h2><p>In Nicaragua, researchers leveraged an existing randomized evaluation​​—aimed at improving the productivity of the self-employed rural population—to measure whether access to savings accounts helped mitigate the negative effects of the pandemic. The intervention was conducted in partnership with the private bank Banpro between January and May 2019. 2,802 rural households were randomly assigned to one of the following groups<a href="#_ftn1" name="_ftnref1" title="" id="_ftnref1"><sup><sup>[1]</sup></sup></a>:</p> <ul><li><strong>Savings account:</strong> Rural households were offered a savings account through door-to-door visits by Banpro's marketing representatives. The aim of these accounts was to provide a tool for accumulating financial capital that will be later allocated to productive investments.</li> <li><strong>Savings account + saving grant: </strong>Rural households were offered a savings account plus a cash grant. The value of the grant was USD $200 (valued at about NIO $6,000 at the time of the intervention) distributed over a 20-week period.</li> <li><strong>Productive investment grant: </strong>Rural households in this group received a cash transfer worth USD $200. Households were invited to use this transfer as a productive investment that would enable them to diversify their productive activities.</li> <li><strong>Aspiration training: </strong>Rural households in this group received personal initiative training. The training was designed based on psychological theories that identify the aspirational deficit as an obstacle for self-employed people to improve their productive activities.</li> <li><strong>Aspiration training: + savings account + saving grant: </strong>Rural households in this group received the aspiration training, a savings account, and the saving grant.</li> <li><strong>Comparison group: </strong>Rural households in this group received no intervention.</li> </ul><p>In addition, the research team analyzed how the COVID 19 pandemic has affected remittances. To do this, they used administrative data from an online banking program—Mobile Wallet—launched by Banpro. The data contains banking transaction information (including remittances) of 720,000 participants from 2019-2020, representative at the country level.</p> <h2>Results and Policy Lessons</h2><p>Research ongoing; results forthcoming.</p> <h2>Sources</h2><p><a href="#_ftnref1" name="_ftn1" title="" id="_ftn1"><sup><sup>[1]</sup></sup></a> Aramé Awanis and Emily Gamble, “Assessing Mobile Money Consumer Trends in the Wake of the COVID-19 Pandemic,” Mobile for Development (blog), March 12, 2021, https://www.gsma.com/mobilefordevelopment/blog/assessing-mobile-money-consumer-trends-in-the-wake-of-the-covid-19-pandemic/.</p> <div id="ftn1"> <p><a href="#_ftnref1" name="_ftn1" title="" id="_ftn1"><sup><sup>[2]</sup></sup></a> World Bank. “Poverty and Equity Brief: Nicaragua.” (2020).https://databank.worldbank.org/data/download/poverty/987B9C90-CB9F-4D93-AE8C-750588BF00QA/AM2021/Global_POVEQ_NIC.pdf</p> </div> <div id="ftn2"> <p><a href="#_ftnref2" name="_ftn2" title="" id="_ftn2"><sup><sup>[3]</sup></sup></a> World Bank. “Account ownership at a financial institution or with a mobile-money-service provider (% of population ages 15+): Nicaragua.” <em>Data Bank</em> (2017).</p> </div> <div id="ftn3"> <p><a href="#_ftnref3" name="_ftn3" title="" id="_ftn3"><sup><sup>[4]</sup></sup></a> World Bank. “Poverty and Equity Brief: Nicaragua.” (2020).https://databank.worldbank.org/data/download/poverty/987B9C90-CB9F-4D93-AE8C-750588BF00QA/AM2021/Global_POVEQ_NIC.pdf</p> <p><a href="#_ftnref1" name="_ftn1" title="" id="_ftn1"><sup><sup>[5]</sup></sup></a> The researchers were able to track only 1,595 households of the 2,802 who originally participated in the study.</p> </div> </div> </div> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub_cb30_editor.html.twig' --> </div> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'paragraph' --> <!-- FILE NAME SUGGESTIONS: * paragraph--sub-cb30-date--default.html.twig x paragraph--sub-cb30-date.html.twig * paragraph--default.html.twig * paragraph.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub-cb30-date.html.twig' --> <div class="paragraph paragraph--type--sub-cb30-date paragraph--view-mode--default"> <div class="cb-date"> February 02, 2022 </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub-cb30-date.html.twig' --> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-content-type--rss.html.twig * field--node--rss--field-details-content-type--template-g-details-flex.html.twig * field--node--rss--field-details-content-type.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-content-type--template-g-details-flex.html.twig * field--node--field-details-content-type.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-content-type.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-content-type.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-content-type field--type-entity-reference field--label-above"> <div class="field__label">Details Content Type</div> <div class="field__items"> <div class="field__item"><a href="/case-studies" hreflang="en">Case Study</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-program-areas--rss.html.twig * field--node--rss--field-details-program-areas--template-g-details-flex.html.twig * field--node--rss--field-details-program-areas.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-program-areas--template-g-details-flex.html.twig * field--node--field-details-program-areas.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-program-areas.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-program-areas.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-program-areas field--type-entity-reference field--label-above"> <div class="field__label">Details Program Areas</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/166" hreflang="en">Financial Inclusion</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-topics--rss.html.twig * field--node--rss--field-details-topics--template-g-details-flex.html.twig * field--node--rss--field-details-topics.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-topics--template-g-details-flex.html.twig * field--node--field-details-topics.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-topics.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-topics.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-topics field--type-entity-reference field--label-above"> <div class="field__label">Details Topics</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/1851" hreflang="en">Access to Finance</a></div> <div class="field__item"><a href="/taxonomy/term/9706" hreflang="en">COVID-19</a></div> <div class="field__item"><a href="/taxonomy/term/2001" hreflang="en">Remittances</a></div> <div class="field__item"><a href="/taxonomy/term/2006" hreflang="en">Savings</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-countries--rss.html.twig * field--node--rss--field-details-countries--template-g-details-flex.html.twig * field--node--rss--field-details-countries.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-countries--template-g-details-flex.html.twig * field--node--field-details-countries.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-countries.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-countries.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-countries field--type-entity-reference field--label-above"> <div class="field__label">Details Countries</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/88" hreflang="en">Nicaragua</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-researchers--rss.html.twig * field--node--rss--field-details-researchers--template-g-details-flex.html.twig * field--node--rss--field-details-researchers.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-researchers--template-g-details-flex.html.twig * field--node--field-details-researchers.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-researchers.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig x field--field-details-researchers.html.twig * field--entity-reference.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field--field-details-researchers.html.twig' --> <div class="field field--name-field-details-researchers field--type-entity-reference field--label-above"> <div class="field-items-wrapper"> <div class="ind"> <a href="/people/elizaveta-perova"> <div class="img" style="background-image: url('/sites/default/files/headshots/Photo_Perova.jpg')"> </div> <div class="meta"> <div class="name notranslate"> Elizaveta Perova </div> <div class="title"> World Bank </div> </div> </a> </div> <div class="ind"> <a href="/people/arndt-reichert"> <div class="img" style="background-image: url('/sites/default/files/headshots/picture-10938-1441041001.jpeg')"> </div> <div class="meta"> <div class="name notranslate"> Arndt Reichert </div> <div class="title"> University of Hannover </div> </div> </a> </div> <div class="ind"> <a href="/people/alejandro-de-la-fuente"> <div class="img" style="background-image: url('/sites/default/files/headshots/2019-De-La-Fuente-Alejandro-220x220.jpeg')"> </div> <div class="meta"> <div class="name notranslate"> Alejandro de la Fuente </div> <div class="title"> World Bank </div> </div> </a> </div> <div class="ind"> <a href="/people/xavier-gine"> <div class="img" style="background-image: url('/sites/default/files/2023-08/Xavier-Gine.png')"> </div> <div class="meta"> <div class="name notranslate"> Xavier Giné </div> <div class="title"> World Bank </div> </div> </a> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field--field-details-researchers.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-sample-size--rss.html.twig * field--node--rss--field-sample-size--template-g-details-flex.html.twig * field--node--rss--field-sample-size.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-sample-size--template-g-details-flex.html.twig * field--node--field-sample-size.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-sample-size.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-sample-size.html.twig * field--string.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-sample-size field--type-string field--label-above"> <div class="field__label">Sample Size</div> <div class="field__item">1,595 households</div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-timeline--rss.html.twig * field--node--rss--field-timeline--template-g-details-flex.html.twig * field--node--rss--field-timeline.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-timeline--template-g-details-flex.html.twig * field--node--field-timeline.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-timeline.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-timeline.html.twig * field--string-long.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-timeline field--type-string-long field--label-above"> <div class="field__label">Timeline</div> <div class="field__item">2018-2021</div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-implemented-by-ipa--rss.html.twig * field--node--rss--field-implemented-by-ipa--template-g-details-flex.html.twig * field--node--rss--field-implemented-by-ipa.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-implemented-by-ipa--template-g-details-flex.html.twig * field--node--field-implemented-by-ipa.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-implemented-by-ipa.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-implemented-by-ipa.html.twig * field--list-string.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-implemented-by-ipa field--type-list-string field--label-above"> <div class="field__label">Implemented by IPA</div> <div class="field__item">No</div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-post-teaser-text--rss.html.twig * field--node--rss--field-post-teaser-text--template-g-details-flex.html.twig * field--node--rss--field-post-teaser-text.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-post-teaser-text--template-g-details-flex.html.twig * field--node--field-post-teaser-text.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-post-teaser-text.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-post-teaser-text.html.twig x field--text-long.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> <div class="clearfix text-formatted field field--name-field-post-teaser-text field--type-text-long field--label-above"> <div class="field__label">Post Teaser Text</div> <div class="field__item"><p>There is a limited understanding of how access to formal financial services may have helped vulnerable populations cope with the economic effects of the COVID-19 pandemic.Did formal savings help families cope with interruptions in employment? And, did digital remittances help mitigate the financial shocks of the pandemic? In Nicaragua, researchers leveraged an existing randomized evaluation—aimed at improving the productivity of the self-employed rural population—combined with bank administrative data to answer those questions.<br /> The COVID-19 pandemic has resulted in massive loss of life and an unprecedented economic crisis with far-reaching social impacts.</p> </div> </div> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> Wed, 02 Feb 2022 22:40:12 +0000 Anonymous 49736 at https://poverty-action.org The Impact of the COVID-19 Pandemic on Migrant Remittances in the Philippines https://poverty-action.org/study/impact-covid-19-pandemic-migrant-remittances-philippines <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--title--rss.html.twig * field--node--rss--title--template-g-details-flex.html.twig * field--node--rss--title.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--title--template-g-details-flex.html.twig x field--node--title.html.twig * field--node--template-g-details-flex.html.twig * field--rss--title.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--title.html.twig * field--string.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--title.html.twig' --> <span class="field field--name-title field--type-string field--label-hidden">The Impact of the COVID-19 Pandemic on Migrant Remittances in the Philippines</span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--title.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--uid--rss.html.twig * field--node--rss--uid--template-g-details-flex.html.twig * field--node--rss--uid.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--uid--template-g-details-flex.html.twig x field--node--uid.html.twig * field--node--template-g-details-flex.html.twig * field--rss--uid.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--uid.html.twig * field--entity-reference.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--uid.html.twig' --> <span class="field field--name-uid field--type-entity-reference field--label-hidden"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'username' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/user/username.html.twig' --> <span lang="" typeof="schema:Person" property="schema:name" datatype="">Anonymous (not verified)</span> <!-- END OUTPUT from 'core/themes/classy/templates/user/username.html.twig' --> </span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--uid.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--created--rss.html.twig * field--node--rss--created--template-g-details-flex.html.twig * field--node--rss--created.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--created--template-g-details-flex.html.twig x field--node--created.html.twig * field--node--template-g-details-flex.html.twig * field--rss--created.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--created.html.twig * field--rss--created.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--created.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--created.html.twig' --> <span class="field field--name-created field--type-created field--label-hidden">Fri, 10/29/2021 - 14:39</span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--created.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'links__node' --> <!-- FILE NAME SUGGESTIONS: x links--node.html.twig x links--node.html.twig * links.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/content/links--node.html.twig' --> <!-- END OUTPUT from 'core/themes/classy/templates/content/links--node.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-template-g-content-blocks--rss.html.twig * field--node--rss--field-template-g-content-blocks--template-g-details-flex.html.twig * field--node--rss--field-template-g-content-blocks.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-template-g-content-blocks--template-g-details-flex.html.twig * field--node--field-template-g-content-blocks.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-template-g-content-blocks.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-template-g-content-blocks.html.twig * field--entity-reference-revisions.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-template-g-content-blocks field--type-entity-reference-revisions field--label-above"> <div class="field__label">Template G Content Blocks</div> <div class="field__items"> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'paragraph' --> <!-- FILE NAME SUGGESTIONS: * paragraph--sub-cb30-editor--default.html.twig * paragraph--sub-cb30-editor.html.twig * paragraph--default.html.twig * paragraph.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub_cb30_editor.html.twig' --> <div class="paragraph paragraph--type--sub-cb30-editor paragraph--view-mode--default"> <div class="cb-text"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-sub-editor--default.html.twig * field--paragraph--default--field-sub-editor--sub-cb30-editor.html.twig * field--paragraph--default--field-sub-editor.html.twig * field--paragraph--default--sub-cb30-editor.html.twig * field--paragraph--field-sub-editor--sub-cb30-editor.html.twig * field--paragraph--field-sub-editor.html.twig * field--paragraph--sub-cb30-editor.html.twig * field--default--field-sub-editor.html.twig * field--default--sub-cb30-editor.html.twig * field--default.html.twig * field--field-sub-editor.html.twig x field--text-long.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> <div class="clearfix text-formatted field field--name-field-sub-editor field--type-text-long field--label-above"> <div class="field__label">Sub Editor</div> <div class="field__item"><h2>Abstract</h2><p>Money sent home by migrants working abroad is an important source of income, particularly in low and middle-income countries. How do pandemic closures and restrictions affect migrants' remittances? Researchers built on a previous study to conduct two rounds of phone surveys between Filipino migrants in the UAE and their families in the Philippines. Migrants who have experienced income declines due to pandemic restrictions have reduced their remittances sent home, but the decline in remittances represents no more than a quarter the size of the migrant income loss.</p> <h2>Policy Issue</h2><p>Remittances — the money migrants send to their families — are a fundamental source of income in many countries. On average, remittances represent 4.91 percent of gross domestic product (GDP), but in some countries, this percentage is much higher. In Somalia and El Salvador, for example, remittances represent 35 and 24 percent of GDP, respectively.<a href="#_ftn1" name="_ftnref1" title="" id="_ftnref1"><sup><sup>[1]</sup></sup></a> In low- and middle-income countries (LMIC), the flow of remittances is now larger than foreign direct investment and development assistance, making them a fundamental source of development funding.<a href="#_ftn2" name="_ftnref2" title="" id="_ftnref2"><sup><sup>[2]</sup></sup></a></p> <p>With the outbreak of COVID-19 and its impact on the global economy, policymakers worried about the resilience of remittance flows. How did pandemic closures and restrictions affect remittances sent by migrants? Previous research has shown that remittances can help households in the country of origin cope with adverse economic situations<a href="#_ftn3" name="_ftnref3" title="" id="_ftnref3"><sup><sup>[3]</sup></sup></a>, but there is little evidence of the role of remittances when migrants themselves experience negative shocks.</p> <div> <div id="ftn3"> </div> </div> <h2>Context of the Evaluation</h2><p>In the Philippines, remittances represent ten percent of GDP, and about a quarter of Philippine households report receiving remittances.<a href="#_ftn1" name="_ftnref1" title="" id="_ftnref1"><sup><sup>[4]</sup></sup></a> Data suggest that both Filipino migrants and households at home faced difficult economic situations during the pandemic. According to the Philippine News Agency, more than 600,000 Filipino workers abroad have been repatriated since the pandemic began. Meanwhile, in April 2020, just a month after strict lockout measures began, the government reported a record-high unemployment rate of 17.6 percent.</p> <h2>Details of the Intervention</h2><p><em>Note: This study is not a randomized controlled trial</em></p> <p>Building on the <a href="https://www.poverty-action.org/study/impacts-labeling-remittances-migrants-and-their-households-philippines" target="_blank">Labeled Remittances study</a>, researchers conducted two rounds of phone surveys with 2,269 Filipino migrants living in the United Arab Emirates and 2,687 migrant households in the Philippines to understand the impact of the COVID-19 pandemic on migrant’s income and remittances. </p> <p>A total of 1,188 migrants and 1,329 households participated in the first round of the survey, 729 of whom were paired — which means both the migrant and their home were interviewed. In the second round of surveys, 1,081 migrants and 1,358 households participated, among whom 708 were paired. The surveys were conducted six months apart between each round. The research team collected data on employment, income, transfer, food security, and health.</p> <p>During the six months between the two rounds of surveys, migrant participants used Padalapp, a mobile application developed for the Labeled Remittances Study, to record their remittances. Half of the migrants were randomly assigned to have labeled their remittances for their preferred usages, and have these labels sent to the remittance recipients. </p> <h2>Results and Policy Lessons</h2><p>Of the migrants interviewed, 43 percent said their monthly income fell compared to February 2020. On average, migrants report a decline of 55 percent of monthly income. Using regression analyses, researchers found that migrants who experienced negative income shocks due to the COVID 19 pandemic passed on some of this negative shock to their family members at home. However, the decrease in remittances was lower than the total decline in income, between a tenth and a quarter of income losses. </p> <p>The research team also examined whether remittances would increase in the face of the economic difficulties faced by households at home. The results showed that the economic conditions of households did not affect the remittances received, as migrants kept their remittances to households in the Philippines relatively stable, except for the decrease in income described above.</p> <p>The ability to label remittances for specific purposes, via Padalapp, does not affect the relationship between remittances and income.</p> <p><em>More results forthcoming.</em></p> <p><em>* This project was funded by Global Innovation Fund, Institute of Labor Economics, and The CGIAR Research Program on Policies, Institutions, and Markets. </em></p> <h2>Sources</h2><div id="ftn1"> <p><a href="#_ftnref1" name="_ftn1" title="" id="_ftn1"><sup><sup>[1]</sup></sup></a> The World Bank, “Remittances, Percent of GDP by Country, around the World,” TheGlobalEconomy.com, 2020, https://www.theglobaleconomy.com/rankings/remittances_percent_gdp/.</p> </div> <div id="ftn2"> <p><a href="#_ftnref2" name="_ftn2" title="" id="_ftn2"><sup><sup>[2]</sup></sup></a> Knomad, Migration and Development Brief 34 (World Bank, Washington, DC, 2021), https://www.knomad.org/publication/migration-and-development-brief-34.</p> </div> <div id="ftn3"> <p><a href="#_ftnref3" name="_ftn3" title="" id="_ftn3"><sup><sup>[3]</sup></sup></a> Yang, Dean and HwaJung Choi, “Are Remittances Insurance? Evidence from Rainfall Shocks in the Philippines,” <em>World Bank Economic Review</em>, Vol. 21, No. 2, May 2007, pp. 219-248.</p> <p><a href="#_ftnref1" name="_ftn1" title="" id="_ftn1"><sup><sup>[4]</sup></sup></a> Khanna, Gaurav, Caroline Theoharides, and Dean Yang, “Abundance from Abroad: Migrant Earnings and Economic Development in the Philippines,” 2020.</p> </div> </div> </div> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub_cb30_editor.html.twig' --> </div> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'paragraph' --> <!-- FILE NAME SUGGESTIONS: * paragraph--sub-cb30-date--default.html.twig x paragraph--sub-cb30-date.html.twig * paragraph--default.html.twig * paragraph.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub-cb30-date.html.twig' --> <div class="paragraph paragraph--type--sub-cb30-date paragraph--view-mode--default"> <div class="cb-date"> October 29, 2021 </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub-cb30-date.html.twig' --> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-content-type--rss.html.twig * field--node--rss--field-details-content-type--template-g-details-flex.html.twig * field--node--rss--field-details-content-type.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-content-type--template-g-details-flex.html.twig * field--node--field-details-content-type.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-content-type.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-content-type.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-content-type field--type-entity-reference field--label-above"> <div class="field__label">Details Content Type</div> <div class="field__items"> <div class="field__item"><a href="/case-studies" hreflang="en">Case Study</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-program-areas--rss.html.twig * field--node--rss--field-details-program-areas--template-g-details-flex.html.twig * field--node--rss--field-details-program-areas.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-program-areas--template-g-details-flex.html.twig * field--node--field-details-program-areas.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-program-areas.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-program-areas.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-program-areas field--type-entity-reference field--label-above"> <div class="field__label">Details Program Areas</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/166" hreflang="en">Financial Inclusion</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-topics--rss.html.twig * field--node--rss--field-details-topics--template-g-details-flex.html.twig * field--node--rss--field-details-topics.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-topics--template-g-details-flex.html.twig * field--node--field-details-topics.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-topics.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-topics.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-topics field--type-entity-reference field--label-above"> <div class="field__label">Details Topics</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/9706" hreflang="en">COVID-19</a></div> <div class="field__item"><a href="/taxonomy/term/1961" hreflang="en">Migration</a></div> <div class="field__item"><a href="/taxonomy/term/2001" hreflang="en">Remittances</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-countries--rss.html.twig * field--node--rss--field-details-countries--template-g-details-flex.html.twig * field--node--rss--field-details-countries.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-countries--template-g-details-flex.html.twig * field--node--field-details-countries.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-countries.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-countries.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-countries field--type-entity-reference field--label-above"> <div class="field__label">Details Countries</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/95" hreflang="en">Philippines</a></div> <div class="field__item"><a href="/taxonomy/term/110" hreflang="en">United Arab Emirates</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-researchers--rss.html.twig * field--node--rss--field-details-researchers--template-g-details-flex.html.twig * field--node--rss--field-details-researchers.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-researchers--template-g-details-flex.html.twig * field--node--field-details-researchers.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-researchers.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig x field--field-details-researchers.html.twig * field--entity-reference.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field--field-details-researchers.html.twig' --> <div class="field field--name-field-details-researchers field--type-entity-reference field--label-above"> <div class="field-items-wrapper"> <div class="ind"> <a href="/people/kate-ambler"> <div class="img" style="background-image: url('/sites/default/files/headshots/kate_ambler_0.jpg')"> </div> <div class="meta"> <div class="name notranslate"> Kate Ambler </div> <div class="title"> International Food Policy Research Institute (IFPRI) </div> </div> </a> </div> <div class="ind"> <a href="/people/giuseppe-de-arcangelis"> <div class="img" style="background-image: url('/sites/default/files/headshots/Giuseppe-De-Arcangelis-Web.jpg')"> </div> <div class="meta"> <div class="name notranslate"> Giuseppe De Arcangelis </div> <div class="title"> Sapienza Università di Roma </div> </div> </a> </div> <div class="ind"> <a href="/people/dean-yang"> <div class="img" style="background-image: url('/sites/default/files/2023-08/Dean-Yang.png')"> </div> <div class="meta"> <div class="name notranslate"> Dean Yang </div> <div class="title"> University of Michigan </div> </div> </a> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field--field-details-researchers.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-sample-size--rss.html.twig * field--node--rss--field-sample-size--template-g-details-flex.html.twig * field--node--rss--field-sample-size.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-sample-size--template-g-details-flex.html.twig * field--node--field-sample-size.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-sample-size.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-sample-size.html.twig * field--string.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-sample-size field--type-string field--label-above"> <div class="field__label">Sample Size</div> <div class="field__item">2,269 Filipino migrants living in the United Arab Emirates and 2,687 migrant households in the Philippines</div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-timeline--rss.html.twig * field--node--rss--field-timeline--template-g-details-flex.html.twig * field--node--rss--field-timeline.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-timeline--template-g-details-flex.html.twig * field--node--field-timeline.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-timeline.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-timeline.html.twig * field--string-long.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-timeline field--type-string-long field--label-above"> <div class="field__label">Timeline</div> <div class="field__item">2020-2021</div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-implemented-by-ipa--rss.html.twig * field--node--rss--field-implemented-by-ipa--template-g-details-flex.html.twig * field--node--rss--field-implemented-by-ipa.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-implemented-by-ipa--template-g-details-flex.html.twig * field--node--field-implemented-by-ipa.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-implemented-by-ipa.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-implemented-by-ipa.html.twig * field--list-string.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-implemented-by-ipa field--type-list-string field--label-above"> <div class="field__label">Implemented by IPA</div> <div class="field__item">Yes</div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-post-teaser-text--rss.html.twig * field--node--rss--field-post-teaser-text--template-g-details-flex.html.twig * field--node--rss--field-post-teaser-text.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-post-teaser-text--template-g-details-flex.html.twig * field--node--field-post-teaser-text.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-post-teaser-text.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-post-teaser-text.html.twig x field--text-long.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> <div class="clearfix text-formatted field field--name-field-post-teaser-text field--type-text-long field--label-above"> <div class="field__label">Post Teaser Text</div> <div class="field__item"><p>Money sent home by migrants working abroad is an important source of income, particularly in low and middle-income countries.How do pandemic closures and restrictions affect migrants&#039; remittances? Researchers built on a previous study to conduct two rounds of phone surveys between Filipino migrants in the UAE and their families in the Philippines.</p> </div> </div> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> Fri, 29 Oct 2021 18:39:38 +0000 Anonymous 48681 at https://poverty-action.org The Impact of Migration Subsidies on Rural Labor Markets in Bangladesh https://poverty-action.org/study/impact-migration-subsidies-rural-labor-markets-bangladesh <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--title--rss.html.twig * field--node--rss--title--template-g-details-flex.html.twig * field--node--rss--title.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--title--template-g-details-flex.html.twig x field--node--title.html.twig * field--node--template-g-details-flex.html.twig * field--rss--title.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--title.html.twig * field--string.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--title.html.twig' --> <span class="field field--name-title field--type-string field--label-hidden">The Impact of Migration Subsidies on Rural Labor Markets in Bangladesh</span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--title.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--uid--rss.html.twig * field--node--rss--uid--template-g-details-flex.html.twig * field--node--rss--uid.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--uid--template-g-details-flex.html.twig x field--node--uid.html.twig * field--node--template-g-details-flex.html.twig * field--rss--uid.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--uid.html.twig * field--entity-reference.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--uid.html.twig' --> <span class="field field--name-uid field--type-entity-reference field--label-hidden"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'username' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/user/username.html.twig' --> <span lang="" typeof="schema:Person" property="schema:name" datatype="">Anonymous (not verified)</span> <!-- END OUTPUT from 'core/themes/classy/templates/user/username.html.twig' --> </span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--uid.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--created--rss.html.twig * field--node--rss--created--template-g-details-flex.html.twig * field--node--rss--created.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--created--template-g-details-flex.html.twig x field--node--created.html.twig * field--node--template-g-details-flex.html.twig * field--rss--created.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--created.html.twig * field--rss--created.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--created.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--created.html.twig' --> <span class="field field--name-created field--type-created field--label-hidden">Fri, 07/24/2020 - 15:27</span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--created.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'links__node' --> <!-- FILE NAME SUGGESTIONS: x links--node.html.twig x links--node.html.twig * links.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/content/links--node.html.twig' --> <!-- END OUTPUT from 'core/themes/classy/templates/content/links--node.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-template-g-content-blocks--rss.html.twig * field--node--rss--field-template-g-content-blocks--template-g-details-flex.html.twig * field--node--rss--field-template-g-content-blocks.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-template-g-content-blocks--template-g-details-flex.html.twig * field--node--field-template-g-content-blocks.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-template-g-content-blocks.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-template-g-content-blocks.html.twig * field--entity-reference-revisions.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-template-g-content-blocks field--type-entity-reference-revisions field--label-above"> <div class="field__label">Template G Content Blocks</div> <div class="field__items"> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'paragraph' --> <!-- FILE NAME SUGGESTIONS: * paragraph--sub-cb30-editor--default.html.twig * paragraph--sub-cb30-editor.html.twig * paragraph--default.html.twig * paragraph.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub_cb30_editor.html.twig' --> <div class="paragraph paragraph--type--sub-cb30-editor paragraph--view-mode--default"> <div class="cb-text"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-sub-editor--default.html.twig * field--paragraph--default--field-sub-editor--sub-cb30-editor.html.twig * field--paragraph--default--field-sub-editor.html.twig * field--paragraph--default--sub-cb30-editor.html.twig * field--paragraph--field-sub-editor--sub-cb30-editor.html.twig * field--paragraph--field-sub-editor.html.twig * field--paragraph--sub-cb30-editor.html.twig * field--default--field-sub-editor.html.twig * field--default--sub-cb30-editor.html.twig * field--default.html.twig * field--field-sub-editor.html.twig x field--text-long.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> <div class="clearfix text-formatted field field--name-field-sub-editor field--type-text-long field--label-above"> <div class="field__label">Sub Editor</div> <div class="field__item"><h2>Abstract</h2><p>Rural to urban migration is an integral component of economic development, but there is limited evidence on the decision to migrate and little evidence on how emigration affects rural labor markets. To better understand these, researchers varied the proportion of travel grants offered to landless households in rural villages in Bangladesh to assess the impact of the grants on temporary migration and income during the agricultural lean season—one of the hardest economic times of the year due to drops in food affordability. Providing cash subsidies for seasonal migration not only benefited the migrants and their families, but also indirectly improved welfare for households who were not offered a cash subsidy and increased agricultural wages in origin labor markets.</p> <h2>Policy Issue</h2><p>Rural to urban migration is an integral component of economic development, but there is little experimental evidence on the drivers of migration and how emigration affects rural labor markets. Recent research has found that workers are more productive in cities in both developed and developing economies, but anti-migration bias remains rampant in policy circles; many governments have historically reacted to migration as if “it were an invasion to repel,” setting restrictions on migrants’ transport, settlement, and employment opportunities. While migration could benefit landless village residents by reducing competition for work, it could also reduce local economic productivity if a high number of skilled workers leave simultaneously. Therefore, understanding what drives someone to migrate and the consequences of that migration for broader rural society (e.g. local labor markets, wages, and food prices) is essential. Can alternative policies that encourage connections between regions for improved labor opportunities decrease rural poverty and inequality while also improving rural livelihoods?</p> <h2>Context of the Evaluation</h2><p>Globally, approximately 805 million people are food insecure, the majority of whom live in rural communities. Roughly 300 million of the rural poor experience seasonal hunger, which often occurs between planting and harvesting, when farmers have to wait for the crop to grow, labor demands are low, and food prices are higher than normal.<sup><a href="#_ftn1" name="_ftnref1" title="" id="_ftnref1">1</a></sup></p> <p>In the Rangpur region of northern Bangladesh, many rural households face seasonal hunger in October-November (and March-April)—a time in which demand for agricultural labor falls due to waiting periods in the crop cycle, commonly referred to as the lean season. This results in nearly 16 million landless poor—who traditionally supply agricultural labor on others’ farms—struggling to find employment. Around 56 percent of the population in the area of this study, in the Kurigram and Lalmonirhat districts of Rangpur, are landless poor. However, nearby urban and peri-urban areas, which are less dependent on agriculture, do not face the same seasonal downturns and can, instead, offer low-skilled employment opportunities during the same period, suggesting a mismatch in the location of jobs and the location of workers during the lean season in rural areas. Seasonal migration is one of the primary methods used to diversify income and cope with this seasonality.</p> <h2>Details of the Intervention</h2><p>This study is a follow-up of a <a href="https://www.poverty-action.org/study/temporary-labor-migration-mitigation-strategies-managing-seasonal-famine" target="_blank">previous study</a> by Bryan et al. (2014), which found that offering conditional cash transfers for migration increased household consumption.<sup><a href="#_ftn1" name="_ftnref1" title="" id="_ftnref1">2</a></sup> Researchers expanded on the original design to measure the effects of migration at the community level and to study the overall impact of the program on the rural economy.</p> <p>Researchers partnered with RDRS—a local NGO that runs poverty alleviation programs—to help landless households participate in temporary migration during the hungry season by randomly varying the number of landless families in villages that were offered small transport subsidies. Prior to the program, Innovations for Poverty Action Bangladesh conducted village censuses to identify eligible households based on two criteria: they owned less than 0.5 acres of land and had reported in 2008 that a member of their family had experienced hunger—i.e. skipped meals—during the 2007 hungry season.</p> <p>Beginning in November 2014, RDRS randomly offered cash grants worth 1,000 Taka (US$13) to rural households to cover the round-trip cost of one person’s travel to one of the nearby cities where jobs were more prevalent during the lean season. Cash grants were transferred to households conditional on one member agreeing to emigrate during the lean season. To ensure adherence to conditionality, an RDRS monitor visited each household to check whether someone had migrated or not.</p> <p>To assess the overall impact of the subsidies on the rural economy, including on households that did not receive a cash grant offer (but lived in a village where the subsidy was offered), researchers randomly varied the proportion of eligible households in each village who received migration offers:</p> <ol><li><em>Low-intensity</em>: In 48 villages, around 14 percent of the eligible population was offered a cash grant (883 subsidy offers total).</li> <li><em>High-intensity</em>: In 47 villages, around 70 percent of the eligible population was offered a cash grant (4,881 subsidy offers total).</li> <li><em>Comparison</em>: In 38 villages, no one was offered a cash grant.</li> </ol><p>Throughout and immediately following the intervention, the research team conducted surveys to capture the impact of offering cash grants for migration on: households’ migration and work choices, earnings and hours worked, employers’ wage offers and profits, and local food prices. They also conducted two additional surveys two years after the intervention to capture longer-term effects on households and employers.</p> <p>A similar evaluation was attempted in 2013. However, due to an unprecedented wave of political strikes and violence during the months when rural households typically migrate made it both risky and costly for participants to migrate—with the price of transport increasing by 69 percent. Consequently, researchers were unable to enforce the conditionality of the grant, resulting in an unsuccessful program evaluation.</p> <h2>Results and Policy Lessons</h2><p>Providing cash subsides for seasonal migration not only benefited the migrants and their families, but also indirectly improved welfare in the broader rural community. The cash grants increased emigration, increased migrants’ income, and made it less competitive to get work within the village.</p> <p><em>Migration:</em> The intervention increased the likelihood that households sent at least one seasonal migrant to search for work in nearby cities. Households in low- and high-intensity villages were 24.8 percentage points (72.5 percent) and 39.8 percentage points (116.4 percent) more likely to send seasonal migrants, relative to the 34.2 percent of households who sent migrants in comparison villages. These effects persisted—one year following the intervention, households that received subsidy offers in high-intensity villages were 29.3 percentage points (77.5 percent) more likely to re-migrate even when cash grants were no longer provided, relative to 37.8 percent of households in comparison villages.</p> <p>When a higher proportion of households within a community simultaneously received subsidy offers, households that were offered cash grants were more likely to migrate and induced others connected to them to migrate as well. Households located in a high-intensity village, but who did not receive a subsidy offer, had a 9.7 percentage point greater likelihood to migrate than households in comparison villages. However, these households only migrated if they knew another household that received an offer and this effect was amplified if households had a “strong” connection with another subsidy household.</p> <p>These results suggest that people coordinate their migration plans in order to reduce associated risks. Thus, villages where many households were offered migration subsidies experienced much larger changes to the village labor market during the intervention.</p> <p><em>Earnings: </em>Those offered subsidies in both high- and low-intensity villages experienced large gains in migration income. Migrants traveling from high- and low-intensity villages earned an extra 6,173 Taka (US$80) and 4,672 Taka (US$61), respectively, at their destinations. Re-migration a year following the intervention led to persistent gains in income. However, extra income did not increase savings, implying that households in the sample, who were extremely poor, consumed any extra income during the lean season.</p> <p><em>Village Economy:</em> When large numbers of people were induced to migrate, the village economy benefited. Both agricultural wage rates and available work hours increased for laborers when they returned to their villages, benefiting laborers at the expense of the richer landowners who hire them. Although food prices in villages with high-intensity migration increased slightly overall—largely driven by an increase in the price of fish and prepared foods, like tea and samosas—the prices of main staples, including rice and flour, did not change.</p> <p><em>Cost-effectiveness: </em>Researchers suggest that the intervention was at least five times as cost effective in improving food security as four other major food-for-work and cash transfer programs that have been evaluated in the Bangladeshi context.</p> <h2>Sources</h2><p><sup><a href="#_ftnref1" name="_ftn1" title="" id="_ftn1">1</a></sup> <a href="http://www.fao.org/hunger/en/">Food and Agriculture Organization (FAO). 2016. “Hunger and Food Security.”</a></p> <p><sup><a href="#_ftnref1" name="_ftn1" title="" id="_ftn1">2</a></sup> Bryan, Gharad, Shyamal Chowdhury, and Ahmed Mushfiq Mobarak. 2014. “Under-investment in a Profitable Technology: The Case of Seasonal Migration in Bangladesh.”<em> <em>Econometrica </em></em>82(5): 1671-1748.</p> </div> </div> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub_cb30_editor.html.twig' --> </div> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'paragraph' --> <!-- FILE NAME SUGGESTIONS: * paragraph--sub-cb30-date--default.html.twig x paragraph--sub-cb30-date.html.twig * paragraph--default.html.twig * paragraph.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub-cb30-date.html.twig' --> <div class="paragraph paragraph--type--sub-cb30-date paragraph--view-mode--default"> <div class="cb-date"> July 24, 2020 </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub-cb30-date.html.twig' --> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-content-type--rss.html.twig * field--node--rss--field-details-content-type--template-g-details-flex.html.twig * field--node--rss--field-details-content-type.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-content-type--template-g-details-flex.html.twig * field--node--field-details-content-type.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-content-type.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-content-type.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-content-type field--type-entity-reference field--label-above"> <div class="field__label">Details Content Type</div> <div class="field__items"> <div class="field__item"><a href="/case-studies" hreflang="en">Case Study</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-program-areas--rss.html.twig * field--node--rss--field-details-program-areas--template-g-details-flex.html.twig * field--node--rss--field-details-program-areas.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-program-areas--template-g-details-flex.html.twig * field--node--field-details-program-areas.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-program-areas.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-program-areas.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-program-areas field--type-entity-reference field--label-above"> <div class="field__label">Details Program Areas</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/156" hreflang="en">Agriculture</a></div> <div class="field__item"><a href="/taxonomy/term/191" hreflang="en">Social Protection</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-topics--rss.html.twig * field--node--rss--field-details-topics--template-g-details-flex.html.twig * field--node--rss--field-details-topics.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-topics--template-g-details-flex.html.twig * field--node--field-details-topics.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-topics.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-topics.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-topics field--type-entity-reference field--label-above"> <div class="field__label">Details Topics</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/1821" hreflang="en">Cash Transfers</a></div> <div class="field__item"><a href="/taxonomy/term/2076" hreflang="en">Food Security</a></div> <div class="field__item"><a href="/taxonomy/term/1926" hreflang="en">Incentives</a></div> <div class="field__item"><a href="/taxonomy/term/1946" hreflang="en">Livelihoods</a></div> <div class="field__item"><a href="/taxonomy/term/1961" hreflang="en">Migration</a></div> <div class="field__item"><a href="/taxonomy/term/2001" hreflang="en">Remittances</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-countries--rss.html.twig * field--node--rss--field-details-countries--template-g-details-flex.html.twig * field--node--rss--field-details-countries.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-countries--template-g-details-flex.html.twig * field--node--field-details-countries.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-countries.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-countries.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-countries field--type-entity-reference field--label-above"> <div class="field__label">Details Countries</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/43" hreflang="en">Bangladesh</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-researchers--rss.html.twig * field--node--rss--field-details-researchers--template-g-details-flex.html.twig * field--node--rss--field-details-researchers.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-researchers--template-g-details-flex.html.twig * field--node--field-details-researchers.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-researchers.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig x field--field-details-researchers.html.twig * field--entity-reference.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field--field-details-researchers.html.twig' --> <div class="field field--name-field-details-researchers field--type-entity-reference field--label-above"> <div class="field-items-wrapper"> <div class="ind"> <a href="/people/ali-akram"> <div class="img" style="background-image: url('/sites/default/files/headshots/Agha-Ali-Akram%20copy.jpg')"> </div> <div class="meta"> <div class="name notranslate"> Agha Ali Akram </div> <div class="title"> Lahore University of Management Sciences </div> </div> </a> </div> <div class="ind"> <a href="/people/shyamal-chowdhury"> <div class="img" style="background-image: url('/sites/default/files/headshots/shyamal_chowdhury_0.jpg')"> </div> <div class="meta"> <div class="name notranslate"> Shyamal Chowdhury </div> <div class="title"> University of Sydney </div> </div> </a> </div> <div class="ind"> <a href="/people/mushfiq-mobarak"> <div class="img" style="background-image: url('/sites/default/files/2023-08/Mushfiq-Mobarak.png')"> </div> <div class="meta"> <div class="name notranslate"> Mushfiq Mobarak </div> <div class="title"> Yale University </div> </div> </a> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field--field-details-researchers.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-sample-size--rss.html.twig * field--node--rss--field-sample-size--template-g-details-flex.html.twig * field--node--rss--field-sample-size.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-sample-size--template-g-details-flex.html.twig * field--node--field-sample-size.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-sample-size.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-sample-size.html.twig * field--string.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-sample-size field--type-string field--label-above"> <div class="field__label">Sample Size</div> <div class="field__item">5,792 poor landless households across 133 villages</div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-timeline--rss.html.twig * field--node--rss--field-timeline--template-g-details-flex.html.twig * field--node--rss--field-timeline.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-timeline--template-g-details-flex.html.twig * field--node--field-timeline.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-timeline.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-timeline.html.twig * field--string-long.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-timeline field--type-string-long field--label-above"> <div class="field__label">Timeline</div> <div class="field__item">2014-2016</div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-implemented-by-ipa--rss.html.twig * field--node--rss--field-implemented-by-ipa--template-g-details-flex.html.twig * field--node--rss--field-implemented-by-ipa.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-implemented-by-ipa--template-g-details-flex.html.twig * field--node--field-implemented-by-ipa.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-implemented-by-ipa.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-implemented-by-ipa.html.twig * field--list-string.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-implemented-by-ipa field--type-list-string field--label-above"> <div class="field__label">Implemented by IPA</div> <div class="field__item">Yes</div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-post-teaser-text--rss.html.twig * field--node--rss--field-post-teaser-text--template-g-details-flex.html.twig * field--node--rss--field-post-teaser-text.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-post-teaser-text--template-g-details-flex.html.twig * field--node--field-post-teaser-text.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-post-teaser-text.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-post-teaser-text.html.twig x field--text-long.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> <div class="clearfix text-formatted field field--name-field-post-teaser-text field--type-text-long field--label-above"> <div class="field__label">Post Teaser Text</div> <div class="field__item"><p>Rural to urban migration is an integral component of economic development, but there is limited evidence on the decision to migrate and little evidence on how emigration affects rural labor markets.To better understand these, researchers varied the proportion of travel grants offered to landless households in rural villages in Bangladesh to assess the impact of the grants on temporary migration and income during the agricultural lean season—one of the hardest economic times of the year due to drops in food affordability.</p> </div> </div> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> Fri, 24 Jul 2020 19:27:59 +0000 Anonymous 42636 at https://poverty-action.org The Impacts of Labeling Remittances on Migrants and Their Households in the Philippines https://poverty-action.org/study/impacts-labeling-remittances-migrants-and-their-households-philippines <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--title--rss.html.twig * field--node--rss--title--template-g-details-flex.html.twig * field--node--rss--title.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--title--template-g-details-flex.html.twig x field--node--title.html.twig * field--node--template-g-details-flex.html.twig * field--rss--title.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--title.html.twig * field--string.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--title.html.twig' --> <span class="field field--name-title field--type-string field--label-hidden">The Impacts of Labeling Remittances on Migrants and Their Households in the Philippines</span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--title.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--uid--rss.html.twig * field--node--rss--uid--template-g-details-flex.html.twig * field--node--rss--uid.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--uid--template-g-details-flex.html.twig x field--node--uid.html.twig * field--node--template-g-details-flex.html.twig * field--rss--uid.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--uid.html.twig * field--entity-reference.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--uid.html.twig' --> <span class="field field--name-uid field--type-entity-reference field--label-hidden"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'username' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/user/username.html.twig' --> <span lang="" typeof="schema:Person" property="schema:name" datatype="">Anonymous (not verified)</span> <!-- END OUTPUT from 'core/themes/classy/templates/user/username.html.twig' --> </span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--uid.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--created--rss.html.twig * field--node--rss--created--template-g-details-flex.html.twig * field--node--rss--created.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--created--template-g-details-flex.html.twig x field--node--created.html.twig * field--node--template-g-details-flex.html.twig * field--rss--created.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--created.html.twig * field--rss--created.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--created.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--created.html.twig' --> <span class="field field--name-created field--type-created field--label-hidden">Wed, 07/17/2019 - 10:57</span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--created.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'links__node' --> <!-- FILE NAME SUGGESTIONS: x links--node.html.twig x links--node.html.twig * links.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/content/links--node.html.twig' --> <!-- END OUTPUT from 'core/themes/classy/templates/content/links--node.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-template-g-content-blocks--rss.html.twig * field--node--rss--field-template-g-content-blocks--template-g-details-flex.html.twig * field--node--rss--field-template-g-content-blocks.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-template-g-content-blocks--template-g-details-flex.html.twig * field--node--field-template-g-content-blocks.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-template-g-content-blocks.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-template-g-content-blocks.html.twig * field--entity-reference-revisions.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-template-g-content-blocks field--type-entity-reference-revisions field--label-above"> <div class="field__label">Template G Content Blocks</div> <div class="field__items"> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'paragraph' --> <!-- FILE NAME SUGGESTIONS: * paragraph--sub-cb30-editor--default.html.twig * paragraph--sub-cb30-editor.html.twig * paragraph--default.html.twig * paragraph.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub_cb30_editor.html.twig' --> <div class="paragraph paragraph--type--sub-cb30-editor paragraph--view-mode--default"> <div class="cb-text"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-sub-editor--default.html.twig * field--paragraph--default--field-sub-editor--sub-cb30-editor.html.twig * field--paragraph--default--field-sub-editor.html.twig * field--paragraph--default--sub-cb30-editor.html.twig * field--paragraph--field-sub-editor--sub-cb30-editor.html.twig * field--paragraph--field-sub-editor.html.twig * field--paragraph--sub-cb30-editor.html.twig * field--default--field-sub-editor.html.twig * field--default--sub-cb30-editor.html.twig * field--default.html.twig * field--field-sub-editor.html.twig x field--text-long.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> <div class="clearfix text-formatted field field--name-field-sub-editor field--type-text-long field--label-above"> <div class="field__label">Sub Editor</div> <div class="field__item"><h2>Abstract</h2><p>Remittances are one of the largest sources of financial flows to low- and middle-income countries, and researchers and decision-makers are interested in ways to increase their development impact. One promising approach is enabling migrants to label the remittances that they send home for a specific purpose, such as education or business activities. This evaluation builds on previous research and analyzed the impact of providing the option of labeled remittances to Filipino workers in the United Arab Emirates on the amount of remittances sent and what those remittances are used for by their recipients. The study found that the ability to label remittances with the migrant’s intended uses led migrants with low base levels of remittance activity to increase their remittances, while migrants with higher base remittance levels did not change their remittance behaviors.</p> <h2>Policy Issue</h2><p>Globally, remittances are one of the largest financial flows into low- and middle-income countries: in 2019, people from low- and middle-income countries living abroad remitted about US$554 billion to their home countries,<sup>1</sup> outpacing Foreign Direct Investment flows from the same year. Given their magnitude, remittances are a resource that could significantly improve a wide range of development outcomes in the countries that receive them. While migrants often prefer that remittances fund investments that have long-term development benefits, they typically have little control over how the money is used by its recipients. In contrast, recipients often prefer to use them for immediate consumption.<sup>2</sup> This, in turn, can discourage migrants from sending substantial remittances. A growing body of evidence suggests that “labeling” remittances to be spent for a specific purpose can encourage recipients to actually spend the money for the specified purpose, particularly education.<sup>3</sup></p> <h2>Context of the Evaluation</h2><p>The participants in this study were Filipino workers living in Dubai and Sharjah in the United Arab Emirates (UAE). The Philippines is a notable recipient of remittances: in 2017 its citizens received about US$33 billion—the third-highest amount in the world after India and China.<sup>4</sup> Filipino workers make up about 10 percent of the UAE’s population and hold a range of occupations in the country, such as in sales, food service, and office administration.</p> <div> <div id="ftn2">In a prior “lab-in-the-field” evaluation on this topic, researchers tested the impact of two strategies to direct remittances sent home by Filipino migrants in Italy to be used for education: labeling transfers and sending transfers directly to schools.  A product that labeled remittances for education encouraged migrants to send home over 15 percent more money. Giving migrants the ability to send money directly to schools had only a small (and sometimes statistically insignificant) additional impact on the level of remittances, and this complex process was more costly than labeling.<sup>5</sup> Building on this study, researchers sought to assess the impacts of the possibility of labeling remittances on the amount sent and, in turn, on recipients’ household expenditures.</div> </div> <h2>Details of the Intervention</h2><p>For this study, researchers partnered with Innovations for Poverty Action and the remittance company UAE Exchange to conduct a randomized evaluation of the impacts of labeling on the amount of remittances that workers send to the Philippines and how households allocate the remittances they receive.</p> <p>To enable the sending of labeled remittances, the project team prototyped and developed a smartphone application, Padalapp, that allows migrant workers to record and label remittances from the United Arab Emirates to the Philippines. The app allows users to label remittances for purposes such as education, housing, small enterprises, and savings. The recipient households receive the labels via SMS or other preferred apps, such as WhatsApp. </p> <p>Surveyors recruited study participants in UAE Exchange branches and public areas frequented by the Filipino migrant community. Following three pilots (February to June 2018) to test and refine the design of Padalapp, survey protocols, and incentive strategies, researchers then launched the first half of the baseline (wave 1) in September 2018 and the second half (wave 2) in February 2019. Though participants were recruited on a rolling basis, all participants partook in the 30-week follow-up period starting from their recruitment into the study. </p> <p>To evaluate the impact of labeling, researchers provided over 4,400 Filipino migrants with access to Padalapp and randomly assigned half of this group to be able to label their remittances. Those assigned to this group were then randomly selected to receive the labeling feature of the app in either week 6, 7, 8, or 9. For over 2,000 of these participants, researchers identified and measured secondary outcomes for their recipient households, such as total household expenditures, expenditures on food, education, housing, and other categories.  To identify which corresponding household in the Philippines to interview, the migrant participants were asked to name and provide contact information for an individual in the Philippines who would be the recipient of a US$500 lottery prize and how to allocate the money across multiple possible categories of expenditures. This served as a proxy for the respondent’s perceived priority of household expenditure. Those migrants for whom the labeling feature in Padalapp was not activated served as the comparison group.</p> <p>Through surveys with both Filippino migrants in the UAE and recipient households in the Philippines, researchers measured migrant participants’ use of the app’s labeling function, remittance volumes sent by migrants participants, and target household expenditures. Researchers also collected administrative data on remittance amounts collected by UAE Exchange.</p> <h2>Results and Policy Lessons</h2><p>The study found that the ability to label remittances with the migrant’s intended uses led only migrants with low base levels of remittance activity to increase their remittance levels. For migrants who had higher remittance base levels, there was no change in their remittance behaviors. </p> <p>Baseline income levels also play a role in migrants’ remittances: migrants with relatively higher incomes (e.g. above the median)  experience significant increases in their remittance levels. There was high take-up in the group participating in the labeling program, and there was a 4.2 percent probability of labeling at least one remittance that week. There was also an increase in the number of labeled remittances per week. The most frequently labeled expenditure categories were food, utility bills, and education expenses.</p> <p>Researchers also considered the impacts of labeling on household expenditures in recipient  households in the Philippines, suggesting that migrants with low-baseline-remittance levels believed that labeling would be effective at shifting household expenditure patterns, and would be expected to send more remittances in response to labeling being available. However, the study found that labeling remittances does not actually lead to higher expenditures on uses that migrants identified as priority items, which was consistent across the full sample and between subgroups based on base level of remittances. In only one area, medical expenses, is there a positive impact on expenditures (25.3 percent). Because this increase in medical expenditures is concentrated among migrants with low base levels of remittances , it is possible the increase in medical expenditures is an impact of the labeling treatment.</p> <p>Ultimately, there is only mixed or weak evidence that labeling, as implemented for this study, led to actual changes in household expenditures. As a result, migrants may learn that labeling may  not have the intended  effect on household expenditure and may choose to reduce their remittances, meaning that the positive impact labeling had on remittance sending would be short lived, but this impact declines in the long term. The possibility of declining program effects over the longer term suggests that continuing to monitor remittances of participants over a longer time frame would yield valuable information. </p> <p> </p> <p><em>This study was generously financed by the Global Innovation Fund. The Global Innovation Fund (GIF) is a non-profit innovations fund that invests in the piloting, rigorous testing and scaling of innovations targeted at improving the lives of the poorest people in developing countries. GIF aims to support a portfolio of innovations that collectively open up opportunities and improve lives for millions of people across the developing world.</em></p> <h2>Sources</h2><div id="ftn1"> <p><a href="#_ftnref1" name="_ftn1" title="" id="_ftn1">[1]</a> World Bank, 2020. “COVID-19 Crisis through a Migration Lense.” Migration and Development Brief 32, https://www.knomad.org/sites/default/files/2020-06/R8_Migration%26Remittances_brief32.pdf </p> </div> <div id="ftn2"> <p><a href="#_ftnref2" name="_ftn2" title="" id="_ftn2">[2]</a> Ashraf, Nava, Diego Aycinena, Claudia Martinez A., and Dean Yang, “Savings in Transnational Households: A Field Experiment among Migrants from El Salvador,” Review of Economics and Statistics, Vol. 97, No. 2, May 2015, pp. 332-351.</p> </div> <div id="ftn3"> <p><a href="#_ftnref3" name="_ftn3" title="" id="_ftn3">[3]</a> See for example, Ambler, Kate, Diego Aycinena, and Dean Yang, “Channeling Remittances to Education: A Field Experiment among Migrants from El Salvador,” American Economic Journal: Applied Economics, Vol. 7, No. 2, April 2015, pp. 207-232.</p> </div> <div id="ftn4"> <p><a href="#_ftnref4" name="_ftn4" title="" id="_ftn4">[4]</a> World Bank, 2020</p> <div id="ftn1"> <p><a href="#_ftnref1" name="_ftn1" title="" id="_ftn1">[5]</a> De Arcangelis, Giuseppe and Joxhe, Majlinda and McKenzie, David and Tiongson, Erwin and Yang, Dean "Directing remittances to education with soft and hard commitments: Evidence from a lab-in-the-field experiment and new product take-up among Filipino migrants in Rome," Journal of Economic Behavior &amp; Organization, Elsevier, 2015, vol. 111(C), pages 197-208.</p> </div> </div> </div> </div> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub_cb30_editor.html.twig' --> </div> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'paragraph' --> <!-- FILE NAME SUGGESTIONS: * paragraph--sub-cb30-date--default.html.twig x paragraph--sub-cb30-date.html.twig * paragraph--default.html.twig * paragraph.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub-cb30-date.html.twig' --> <div class="paragraph paragraph--type--sub-cb30-date paragraph--view-mode--default"> <div class="cb-date"> September 30, 2020 </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub-cb30-date.html.twig' --> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-content-type--rss.html.twig * field--node--rss--field-details-content-type--template-g-details-flex.html.twig * field--node--rss--field-details-content-type.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-content-type--template-g-details-flex.html.twig * field--node--field-details-content-type.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-content-type.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-content-type.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-content-type field--type-entity-reference field--label-above"> <div class="field__label">Details Content Type</div> <div class="field__items"> <div class="field__item"><a href="/case-studies" hreflang="en">Case Study</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-program-areas--rss.html.twig * field--node--rss--field-details-program-areas--template-g-details-flex.html.twig * field--node--rss--field-details-program-areas.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-program-areas--template-g-details-flex.html.twig * field--node--field-details-program-areas.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-program-areas.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-program-areas.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-program-areas field--type-entity-reference field--label-above"> <div class="field__label">Details Program Areas</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/166" hreflang="en">Financial Inclusion</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-topics--rss.html.twig * field--node--rss--field-details-topics--template-g-details-flex.html.twig * field--node--rss--field-details-topics.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-topics--template-g-details-flex.html.twig * field--node--field-details-topics.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-topics.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-topics.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-topics field--type-entity-reference field--label-above"> <div class="field__label">Details Topics</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/1816" hreflang="en">Behavioral Design</a></div> <div class="field__item"><a href="/taxonomy/term/1836" hreflang="en">Commitments</a></div> <div class="field__item"><a href="/taxonomy/term/1961" hreflang="en">Migration</a></div> <div class="field__item"><a href="/taxonomy/term/1991" hreflang="en">Product Design</a></div> <div class="field__item"><a href="/taxonomy/term/2001" hreflang="en">Remittances</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-countries--rss.html.twig * field--node--rss--field-details-countries--template-g-details-flex.html.twig * field--node--rss--field-details-countries.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-countries--template-g-details-flex.html.twig * field--node--field-details-countries.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-countries.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-countries.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-countries field--type-entity-reference field--label-above"> <div class="field__label">Details Countries</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/95" hreflang="en">Philippines</a></div> <div class="field__item"><a href="/taxonomy/term/110" hreflang="en">United Arab Emirates</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-researchers--rss.html.twig * field--node--rss--field-details-researchers--template-g-details-flex.html.twig * field--node--rss--field-details-researchers.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-researchers--template-g-details-flex.html.twig * field--node--field-details-researchers.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-researchers.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig x field--field-details-researchers.html.twig * field--entity-reference.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field--field-details-researchers.html.twig' --> <div class="field field--name-field-details-researchers field--type-entity-reference field--label-above"> <div class="field-items-wrapper"> <div class="ind"> <a href="/people/dean-yang"> <div class="img" style="background-image: url('/sites/default/files/2023-08/Dean-Yang.png')"> </div> <div class="meta"> <div class="name notranslate"> Dean Yang </div> <div class="title"> University of Michigan </div> </div> </a> </div> <div class="ind"> <a href="/people/giuseppe-de-arcangelis"> <div class="img" style="background-image: url('/sites/default/files/headshots/Giuseppe-De-Arcangelis-Web.jpg')"> </div> <div class="meta"> <div class="name notranslate"> Giuseppe De Arcangelis </div> <div class="title"> Sapienza Università di Roma </div> </div> </a> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field--field-details-researchers.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-staff--rss.html.twig * field--node--rss--field-staff--template-g-details-flex.html.twig * field--node--rss--field-staff.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-staff--template-g-details-flex.html.twig * field--node--field-staff.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-staff.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig x field--field-staff.html.twig * field--entity-reference-revisions.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field--field-staff.html.twig' --> <div class="field field--name-field-staff field--type-entity-reference-revisions field--label-above"> <div class="field-items-wrapper"> <div class="ind"> <a href="/people/peter-srouji"> <div class="meta"> <div class="name notranslate"> Peter Srouji </div> <div class="title"> Associate Director of Program Development </div> </div> </a> </div> <div class="ind"> <a href="/people/yuna-liang"> <div class="img" style="background-image: url('/sites/default/files/headshots/Yuna-Liang-Web-2022.jpg')"> </div> <div class="meta"> <div class="name notranslate"> Yuna Liang </div> <div class="title"> Research Manager </div> </div> </a> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field--field-staff.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-sample-size--rss.html.twig * field--node--rss--field-sample-size--template-g-details-flex.html.twig * field--node--rss--field-sample-size.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-sample-size--template-g-details-flex.html.twig * field--node--field-sample-size.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-sample-size.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-sample-size.html.twig * field--string.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-sample-size field--type-string field--label-above"> <div class="field__label">Sample Size</div> <div class="field__item">4,458 Filipino migrants living in the United Arab Emirates, and the households of 2,075 of these migrants in the Philippines</div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-link-to-data--rss.html.twig * field--node--rss--field-link-to-data--template-g-details-flex.html.twig * field--node--rss--field-link-to-data.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-link-to-data--template-g-details-flex.html.twig * field--node--field-link-to-data.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-link-to-data.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-link-to-data.html.twig * field--link.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-link-to-data field--type-link field--label-above"> <div class="field__label">Data Repository Link - For Study Pages ONLY</div> <div class="field__item"><a href="https://dataverse.harvard.edu/dataset.xhtml?persistentId=doi%3A10.7910/DVN/PCMAWS">https://dataverse.harvard.edu/dataset.xhtml?persistentId=doi%3A10.7910/DVN/PCMA…</a></div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-timeline--rss.html.twig * field--node--rss--field-timeline--template-g-details-flex.html.twig * field--node--rss--field-timeline.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-timeline--template-g-details-flex.html.twig * field--node--field-timeline.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-timeline.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-timeline.html.twig * field--string-long.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-timeline field--type-string-long field--label-above"> <div class="field__label">Timeline</div> <div class="field__item">2018-2020</div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-implemented-by-ipa--rss.html.twig * field--node--rss--field-implemented-by-ipa--template-g-details-flex.html.twig * field--node--rss--field-implemented-by-ipa.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-implemented-by-ipa--template-g-details-flex.html.twig * field--node--field-implemented-by-ipa.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-implemented-by-ipa.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-implemented-by-ipa.html.twig * field--list-string.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-implemented-by-ipa field--type-list-string field--label-above"> <div class="field__label">Implemented by IPA</div> <div class="field__item">Yes</div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-post-teaser-text--rss.html.twig * field--node--rss--field-post-teaser-text--template-g-details-flex.html.twig * field--node--rss--field-post-teaser-text.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-post-teaser-text--template-g-details-flex.html.twig * field--node--field-post-teaser-text.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-post-teaser-text.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-post-teaser-text.html.twig x field--text-long.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> <div class="clearfix text-formatted field field--name-field-post-teaser-text field--type-text-long field--label-above"> <div class="field__label">Post Teaser Text</div> <div class="field__item"><p>Remittances are one of the largest sources of financial flows to low- and middle-income countries, and researchers and decision-makers are interested in ways to increase their development impact.One promising approach is enabling migrants to label the remittances that they send home for a specific purpose, such as education or business activities.This evaluation builds on previous research and analyzed the impact of providing the option of labeled remittances to Filipino workers in the United Arab Emirates on the amount of remittances sent and what those remittances are used for by their recipients.</p> </div> </div> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> Wed, 17 Jul 2019 14:57:04 +0000 Anonymous 37596 at https://poverty-action.org Building Resilience through Financial Inclusion: A Review of Existing Evidence and Knowledge Gaps https://poverty-action.org/publication/building-resilience-through-financial-inclusion-review-existing-evidence-and-knowledge <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--title--rss.html.twig * field--node--rss--title--template-g-details-flex.html.twig * field--node--rss--title.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--title--template-g-details-flex.html.twig x field--node--title.html.twig * field--node--template-g-details-flex.html.twig * field--rss--title.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--title.html.twig * field--string.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--title.html.twig' --> <span class="field field--name-title field--type-string field--label-hidden">Building Resilience through Financial Inclusion: A Review of Existing Evidence and Knowledge Gaps</span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--title.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--uid--rss.html.twig * field--node--rss--uid--template-g-details-flex.html.twig * field--node--rss--uid.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--uid--template-g-details-flex.html.twig x field--node--uid.html.twig * field--node--template-g-details-flex.html.twig * field--rss--uid.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--uid.html.twig * field--entity-reference.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--uid.html.twig' --> <span class="field field--name-uid field--type-entity-reference field--label-hidden"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'username' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/user/username.html.twig' --> <span lang="" typeof="schema:Person" property="schema:name" datatype="">Anonymous (not verified)</span> <!-- END OUTPUT from 'core/themes/classy/templates/user/username.html.twig' --> </span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--uid.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--created--rss.html.twig * field--node--rss--created--template-g-details-flex.html.twig * field--node--rss--created.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--created--template-g-details-flex.html.twig x field--node--created.html.twig * field--node--template-g-details-flex.html.twig * field--rss--created.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--created.html.twig * field--rss--created.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--created.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--created.html.twig' --> <span class="field field--name-created field--type-created field--label-hidden">Tue, 01/15/2019 - 14:13</span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--created.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'links__node' --> <!-- FILE NAME SUGGESTIONS: x links--node.html.twig x links--node.html.twig * links.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/content/links--node.html.twig' --> <!-- END OUTPUT from 'core/themes/classy/templates/content/links--node.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-template-g-content-blocks--rss.html.twig * field--node--rss--field-template-g-content-blocks--template-g-details-flex.html.twig * field--node--rss--field-template-g-content-blocks.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-template-g-content-blocks--template-g-details-flex.html.twig * field--node--field-template-g-content-blocks.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-template-g-content-blocks.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-template-g-content-blocks.html.twig * field--entity-reference-revisions.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-template-g-content-blocks field--type-entity-reference-revisions field--label-above"> <div class="field__label">Template G Content Blocks</div> <div class="field__items"> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'paragraph' --> <!-- FILE NAME SUGGESTIONS: * paragraph--sub-cb30-editor--default.html.twig * paragraph--sub-cb30-editor.html.twig * paragraph--default.html.twig * paragraph.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub_cb30_editor.html.twig' --> <div class="paragraph paragraph--type--sub-cb30-editor paragraph--view-mode--default"> <div class="cb-text"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-sub-editor--default.html.twig * field--paragraph--default--field-sub-editor--sub-cb30-editor.html.twig * field--paragraph--default--field-sub-editor.html.twig * field--paragraph--default--sub-cb30-editor.html.twig * field--paragraph--field-sub-editor--sub-cb30-editor.html.twig * field--paragraph--field-sub-editor.html.twig * field--paragraph--sub-cb30-editor.html.twig * field--default--field-sub-editor.html.twig * field--default--sub-cb30-editor.html.twig * field--default.html.twig * field--field-sub-editor.html.twig x field--text-long.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> <div class="clearfix text-formatted field field--name-field-sub-editor field--type-text-long field--label-above"> <div class="field__label">Sub Editor</div> <div class="field__item"><p>Low-income households around the world are particularly vulnerable to shocks, but also the least prepared when a shock hits. The effects of climate change, including floods, droughts, and other weather-related disasters, are adding another layer of risk for already vulnerable households. In this context, it is increasingly important that poor households build resilience—that they strengthen their ability to mitigate, cope, and recover from shocks and stresses without compromising their future welfare. Evidence suggests well-designed financial products and services can play a role in increasing low-income families’ resilience by helping them be prepared for risk, reduce risk, increase investment in the face of risk, and respond when a shock occurs. Yet the role that financial products and services can play in increasing resilience, as well as the most effective design and delivery mechanisms toward that end, is not fully understood. This paper reviews the evidence on financial inclusion and resilience to inform policymakers on effective strategies and makes the call for more research on this timely and relevant topic.</p> </div> </div> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub_cb30_editor.html.twig' --> </div> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'paragraph' --> <!-- FILE NAME SUGGESTIONS: * paragraph--sub-cb30-date--default.html.twig x paragraph--sub-cb30-date.html.twig * paragraph--default.html.twig * paragraph.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub-cb30-date.html.twig' --> <div class="paragraph paragraph--type--sub-cb30-date paragraph--view-mode--default"> <div class="cb-date"> January 14, 2019 </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub-cb30-date.html.twig' --> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-content-type--rss.html.twig * field--node--rss--field-details-content-type--template-g-details-flex.html.twig * field--node--rss--field-details-content-type.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-content-type--template-g-details-flex.html.twig * field--node--field-details-content-type.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-content-type.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-content-type.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-content-type field--type-entity-reference field--label-above"> <div class="field__label">Details Content Type</div> <div class="field__items"> <div class="field__item"><a href="/publications" hreflang="en">Publications</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-program-areas--rss.html.twig * field--node--rss--field-details-program-areas--template-g-details-flex.html.twig * field--node--rss--field-details-program-areas.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-program-areas--template-g-details-flex.html.twig * field--node--field-details-program-areas.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-program-areas.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-program-areas.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-program-areas field--type-entity-reference field--label-above"> <div class="field__label">Details Program Areas</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/156" hreflang="en">Agriculture</a></div> <div class="field__item"><a href="/taxonomy/term/166" hreflang="en">Financial Inclusion</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-topics--rss.html.twig * field--node--rss--field-details-topics--template-g-details-flex.html.twig * field--node--rss--field-details-topics.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-topics--template-g-details-flex.html.twig * field--node--field-details-topics.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-topics.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-topics.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-topics field--type-entity-reference field--label-above"> <div class="field__label">Details Topics</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/1816" hreflang="en">Behavioral Design</a></div> <div class="field__item"><a href="/taxonomy/term/1821" hreflang="en">Cash Transfers</a></div> <div class="field__item"><a href="/taxonomy/term/1836" hreflang="en">Commitments</a></div> <div class="field__item"><a href="/taxonomy/term/1856" hreflang="en">Crisis</a></div> <div class="field__item"><a href="/taxonomy/term/6581" hreflang="en">Digital Finance</a></div> <div class="field__item"><a href="/taxonomy/term/2076" hreflang="en">Food Security</a></div> <div class="field__item"><a href="/taxonomy/term/1931" hreflang="en">Insurance</a></div> <div class="field__item"><a href="/taxonomy/term/1976" hreflang="en">Payments</a></div> <div class="field__item"><a href="/taxonomy/term/1991" hreflang="en">Product Design</a></div> <div class="field__item"><a href="/taxonomy/term/2001" hreflang="en">Remittances</a></div> <div class="field__item"><a href="/taxonomy/term/6411" hreflang="en">Rural Finance</a></div> <div class="field__item"><a href="/taxonomy/term/2006" hreflang="en">Savings</a></div> <div class="field__item"><a href="/taxonomy/term/2026" hreflang="en">Technology Adoption</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-publication-type--rss.html.twig * field--node--rss--field-details-publication-type--template-g-details-flex.html.twig * field--node--rss--field-details-publication-type.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-publication-type--template-g-details-flex.html.twig * field--node--field-details-publication-type.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-publication-type.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-publication-type.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-publication-type field--type-entity-reference field--label-above"> <div class="field__label">Details Publication Type</div> <div class="field__item"><a href="/taxonomy/term/16" hreflang="en">Brief</a></div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-file--rss.html.twig * field--node--rss--field-file--template-g-details-flex.html.twig * field--node--rss--field-file.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-file--template-g-details-flex.html.twig * field--node--field-file.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-file.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-file.html.twig * field--file.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-file field--type-file field--label-above"> <div class="field__label">File</div> <div class="field__items"> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'pdfpreview_formatter' --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/pdfpreview-formatter.html.twig' --> <div class="pdfpreview" id="pdfpreview-731561"> <div class="pdfpreview-image-wrapper"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'image_formatter' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/image-formatter.html.twig' --> <a href="/sites/default/files/publications/Building-Resilience-through-Financial-Inclusion-English.pdf"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'image_style' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/image-style.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'image' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/image.html.twig' --> <img class="pdfpreview-file image-style-large" src="/sites/default/files/styles/large/public/pdfpreview/731561-Building-Resilience-through-Financial-Inclusion-English.png?itok=KK0bzgmX" width="371" height="480" loading="lazy" typeof="foaf:Image" /> <!-- END OUTPUT from 'core/themes/classy/templates/field/image.html.twig' --> <!-- END OUTPUT from 'core/themes/classy/templates/field/image-style.html.twig' --> </a> <!-- END OUTPUT from 'core/themes/classy/templates/field/image-formatter.html.twig' --> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/pdfpreview-formatter.html.twig' --> </div> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'pdfpreview_formatter' --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/pdfpreview-formatter.html.twig' --> <div class="pdfpreview" id="pdfpreview-731566"> <div class="pdfpreview-image-wrapper"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'image_formatter' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/image-formatter.html.twig' --> <a href="/sites/default/files/publications/Building-Resilience-through-Financial-Inclusion-Spanish.pdf"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'image_style' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/image-style.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'image' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/image.html.twig' --> <img class="pdfpreview-file image-style-large" src="/sites/default/files/styles/large/public/pdfpreview/731566-Building-Resilience-through-Financial-Inclusion-Spanish.png?itok=WhR2NjPg" width="371" height="480" loading="lazy" typeof="foaf:Image" /> <!-- END OUTPUT from 'core/themes/classy/templates/field/image.html.twig' --> <!-- END OUTPUT from 'core/themes/classy/templates/field/image-style.html.twig' --> </a> <!-- END OUTPUT from 'core/themes/classy/templates/field/image-formatter.html.twig' --> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/pdfpreview-formatter.html.twig' --> </div> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'pdfpreview_formatter' --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/pdfpreview-formatter.html.twig' --> <div class="pdfpreview" id="pdfpreview-732886"> <div class="pdfpreview-image-wrapper"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'image_formatter' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/image-formatter.html.twig' --> <a href="/sites/default/files/publications/Building-Resilience-through-Financial-Inclusion-French.pdf"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'image_style' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/image-style.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'image' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/image.html.twig' --> <img class="pdfpreview-file image-style-large" src="/sites/default/files/styles/large/public/pdfpreview/732886-Building-Resilience-through-Financial-Inclusion-French.png?itok=f3gBphao" width="371" height="480" loading="lazy" typeof="foaf:Image" /> <!-- END OUTPUT from 'core/themes/classy/templates/field/image.html.twig' --> <!-- END OUTPUT from 'core/themes/classy/templates/field/image-style.html.twig' --> </a> <!-- END OUTPUT from 'core/themes/classy/templates/field/image-formatter.html.twig' --> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/pdfpreview-formatter.html.twig' --> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-post-teaser-text--rss.html.twig * field--node--rss--field-post-teaser-text--template-g-details-flex.html.twig * field--node--rss--field-post-teaser-text.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-post-teaser-text--template-g-details-flex.html.twig * field--node--field-post-teaser-text.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-post-teaser-text.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-post-teaser-text.html.twig x field--text-long.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> <div class="clearfix text-formatted field field--name-field-post-teaser-text field--type-text-long field--label-above"> <div class="field__label">Post Teaser Text</div> <div class="field__item">Low-income households around the world are particularly vulnerable to shocks, but also the least prepared when a shock hits.The effects of climate change, including floods, droughts, and other weather-related disasters, are adding another layer of risk for already vulnerable households.In this context, it is increasingly important that poor households build resilience—that they strengthen their ability to mitigate, cope, and recover from shocks and stresses without compromising their future welfare.</div> </div> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> Tue, 15 Jan 2019 19:13:32 +0000 Anonymous 35831 at https://poverty-action.org SMS Messages for Financial Inclusion in the Dominican Republic https://poverty-action.org/publication/sms-messages-financial-inclusion-dominican-republic <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--title--rss.html.twig * field--node--rss--title--template-g-details-flex.html.twig * field--node--rss--title.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--title--template-g-details-flex.html.twig x field--node--title.html.twig * field--node--template-g-details-flex.html.twig * field--rss--title.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--title.html.twig * field--string.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--title.html.twig' --> <span class="field field--name-title field--type-string field--label-hidden">SMS Messages for Financial Inclusion in the Dominican Republic</span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--title.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--uid--rss.html.twig * field--node--rss--uid--template-g-details-flex.html.twig * field--node--rss--uid.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--uid--template-g-details-flex.html.twig x field--node--uid.html.twig * field--node--template-g-details-flex.html.twig * field--rss--uid.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--uid.html.twig * field--entity-reference.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--uid.html.twig' --> <span class="field field--name-uid field--type-entity-reference field--label-hidden"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'username' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/user/username.html.twig' --> <span lang="" typeof="schema:Person" property="schema:name" datatype="">Anonymous (not verified)</span> <!-- END OUTPUT from 'core/themes/classy/templates/user/username.html.twig' --> </span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--uid.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--created--rss.html.twig * field--node--rss--created--template-g-details-flex.html.twig * field--node--rss--created.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--created--template-g-details-flex.html.twig x field--node--created.html.twig * field--node--template-g-details-flex.html.twig * field--rss--created.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--created.html.twig * field--rss--created.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--created.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--node--created.html.twig' --> <span class="field field--name-created field--type-created field--label-hidden">Fri, 04/20/2018 - 18:00</span> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--node--created.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'links__node' --> <!-- FILE NAME SUGGESTIONS: x links--node.html.twig x links--node.html.twig * links.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/content/links--node.html.twig' --> <!-- END OUTPUT from 'core/themes/classy/templates/content/links--node.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-template-g-content-blocks--rss.html.twig * field--node--rss--field-template-g-content-blocks--template-g-details-flex.html.twig * field--node--rss--field-template-g-content-blocks.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-template-g-content-blocks--template-g-details-flex.html.twig * field--node--field-template-g-content-blocks.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-template-g-content-blocks.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-template-g-content-blocks.html.twig * field--entity-reference-revisions.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-template-g-content-blocks field--type-entity-reference-revisions field--label-above"> <div class="field__label">Template G Content Blocks</div> <div class="field__items"> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'paragraph' --> <!-- FILE NAME SUGGESTIONS: * paragraph--sub-cb30-editor--default.html.twig * paragraph--sub-cb30-editor.html.twig * paragraph--default.html.twig * paragraph.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub_cb30_editor.html.twig' --> <div class="paragraph paragraph--type--sub-cb30-editor paragraph--view-mode--default"> <div class="cb-text"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-sub-editor--default.html.twig * field--paragraph--default--field-sub-editor--sub-cb30-editor.html.twig * field--paragraph--default--field-sub-editor.html.twig * field--paragraph--default--sub-cb30-editor.html.twig * field--paragraph--field-sub-editor--sub-cb30-editor.html.twig * field--paragraph--field-sub-editor.html.twig * field--paragraph--sub-cb30-editor.html.twig * field--default--field-sub-editor.html.twig * field--default--sub-cb30-editor.html.twig * field--default.html.twig * field--field-sub-editor.html.twig x field--text-long.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> <div class="clearfix text-formatted field field--name-field-sub-editor field--type-text-long field--label-above"> <div class="field__label">Sub Editor</div> <div class="field__item"><p>Bank accounts can provide a secure way for low-income households to build their assets to make large investments or protect themselves against unforeseen expenses. Yet many poor households don’t use formal financial services. In the Dominican Republic, Banco Unión delivers remittances to approximately 400,000 clients who do not have a formal bank account. The bank also created two savings products tailored to the needs of these clients. In partnership with the Inter-American Development Bank (IDB) and Innovations for Poverty Action (IPA), Banco Unión developed SMS message campaigns to try to boost account uptake and usage among its remittance-receiving clientele. Two randomized evaluations found that the messaging campaigns did not increase clients’ use of formal bank accounts, and may have in fact discouraged account holders’ engagement with Banco Unión, as observed through decreased deposit and withdrawal activity and slightly lower balances by the end of the campaigns. There are several possible explanations for this behavior, including a desire for privacy, savings goals that were overly ambitious, or the use of other, unmonitored deposit products.</p> </div> </div> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub_cb30_editor.html.twig' --> </div> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'paragraph' --> <!-- FILE NAME SUGGESTIONS: * paragraph--sub-cb30-date--default.html.twig x paragraph--sub-cb30-date.html.twig * paragraph--default.html.twig * paragraph.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub-cb30-date.html.twig' --> <div class="paragraph paragraph--type--sub-cb30-date paragraph--view-mode--default"> <div class="cb-date"> November 01, 2017 </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/paragraph/paragraph--sub-cb30-date.html.twig' --> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-content-type--rss.html.twig * field--node--rss--field-details-content-type--template-g-details-flex.html.twig * field--node--rss--field-details-content-type.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-content-type--template-g-details-flex.html.twig * field--node--field-details-content-type.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-content-type.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-content-type.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-content-type field--type-entity-reference field--label-above"> <div class="field__label">Details Content Type</div> <div class="field__items"> <div class="field__item"><a href="/publications" hreflang="en">Publications</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-program-areas--rss.html.twig * field--node--rss--field-details-program-areas--template-g-details-flex.html.twig * field--node--rss--field-details-program-areas.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-program-areas--template-g-details-flex.html.twig * field--node--field-details-program-areas.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-program-areas.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-program-areas.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-program-areas field--type-entity-reference field--label-above"> <div class="field__label">Details Program Areas</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/166" hreflang="en">Financial Inclusion</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-topics--rss.html.twig * field--node--rss--field-details-topics--template-g-details-flex.html.twig * field--node--rss--field-details-topics.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-topics--template-g-details-flex.html.twig * field--node--field-details-topics.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-topics.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-topics.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-topics field--type-entity-reference field--label-above"> <div class="field__label">Details Topics</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/1851" hreflang="en">Access to Finance</a></div> <div class="field__item"><a href="/taxonomy/term/1886" hreflang="en">Financial Capability</a></div> <div class="field__item"><a href="/taxonomy/term/1996" hreflang="en">Reminders</a></div> <div class="field__item"><a href="/taxonomy/term/2001" hreflang="en">Remittances</a></div> <div class="field__item"><a href="/taxonomy/term/2006" hreflang="en">Savings</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-countries--rss.html.twig * field--node--rss--field-details-countries--template-g-details-flex.html.twig * field--node--rss--field-details-countries.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-countries--template-g-details-flex.html.twig * field--node--field-details-countries.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-countries.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-countries.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-countries field--type-entity-reference field--label-above"> <div class="field__label">Details Countries</div> <div class="field__items"> <div class="field__item"><a href="/taxonomy/term/57" hreflang="en">Dominican Republic</a></div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-publication-type--rss.html.twig * field--node--rss--field-details-publication-type--template-g-details-flex.html.twig * field--node--rss--field-details-publication-type.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-publication-type--template-g-details-flex.html.twig * field--node--field-details-publication-type.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-publication-type.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-details-publication-type.html.twig * field--entity-reference.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-details-publication-type field--type-entity-reference field--label-above"> <div class="field__label">Details Publication Type</div> <div class="field__item"><a href="/taxonomy/term/2081" hreflang="en">Report</a></div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-details-author--rss.html.twig * field--node--rss--field-details-author--template-g-details-flex.html.twig * field--node--rss--field-details-author.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-details-author--template-g-details-flex.html.twig * field--node--field-details-author.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-details-author.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig x field--field-details-author.html.twig * field--entity-reference.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field--field-details-author.html.twig' --> <div class="field field--name-field-details-author field--type-entity-reference field--label-above"> <div class="field-items-wrapper"> <div class="ind"> <a href="/people/aaron-dibner-dunlap"> <div class="img" style="background-image: url('/sites/default/files/headshots/aaron_passport2.jpg')"> </div> <div class="meta"> <div class="name notranslate"> Aaron Dibner-Dunlap </div> <div class="title"> Program Manager, Messaging Replication </div> </div> </a> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field--field-details-author.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-file--rss.html.twig * field--node--rss--field-file--template-g-details-flex.html.twig * field--node--rss--field-file.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-file--template-g-details-flex.html.twig * field--node--field-file.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-file.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-file.html.twig * field--file.html.twig x field.html.twig --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <div class="field field--name-field-file field--type-file field--label-above"> <div class="field__label">File</div> <div class="field__items"> <div class="field__item"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'pdfpreview_formatter' --> <!-- BEGIN OUTPUT from 'themes/custom/ipa/templates/field/pdfpreview-formatter.html.twig' --> <div class="pdfpreview" id="pdfpreview-32781"> <div class="pdfpreview-image-wrapper"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'image_formatter' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/image-formatter.html.twig' --> <a href="/sites/default/files/publications/14725-IADB-BancoUnion-WEB%20%283%29%20%281%29.pdf"> <!-- THEME DEBUG --> <!-- THEME HOOK: 'image_style' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/image-style.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'image' --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/image.html.twig' --> <img class="pdfpreview-file image-style-large" src="/sites/default/files/styles/large/public/pdfpreview/32781-14725-IADB-BancoUnion-WEB%20%283%29%20%281%29.png?itok=Fuhc0Pjk" width="371" height="480" loading="lazy" typeof="foaf:Image" /> <!-- END OUTPUT from 'core/themes/classy/templates/field/image.html.twig' --> <!-- END OUTPUT from 'core/themes/classy/templates/field/image-style.html.twig' --> </a> <!-- END OUTPUT from 'core/themes/classy/templates/field/image-formatter.html.twig' --> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/pdfpreview-formatter.html.twig' --> </div> </div> </div> <!-- END OUTPUT from 'themes/custom/ipa/templates/field/field.html.twig' --> <!-- THEME DEBUG --> <!-- THEME HOOK: 'field' --> <!-- FILE NAME SUGGESTIONS: * field--field-post-teaser-text--rss.html.twig * field--node--rss--field-post-teaser-text--template-g-details-flex.html.twig * field--node--rss--field-post-teaser-text.html.twig * field--node--rss--template-g-details-flex.html.twig * field--node--field-post-teaser-text--template-g-details-flex.html.twig * field--node--field-post-teaser-text.html.twig * field--node--template-g-details-flex.html.twig * field--rss--field-post-teaser-text.html.twig * field--rss--template-g-details-flex.html.twig * field--rss.html.twig * field--field-post-teaser-text.html.twig x field--text-long.html.twig * field.html.twig --> <!-- BEGIN OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> <div class="clearfix text-formatted field field--name-field-post-teaser-text field--type-text-long field--label-above"> <div class="field__label">Post Teaser Text</div> <div class="field__item">Bank accounts can provide a secure way for low-income households to build their assets to make large investments or protect themselves against unforeseen expenses.Yet many poor households don’t use formal financial services.In the Dominican Republic, Banco Unión delivers remittances to approximately 400,000 clients who do not have a formal bank account.The bank also created two savings products tailored to the needs of these clients.In partnership with the Inter-American Development Bank (IDB) and Innovations for Poverty Action (IPA), Banco Unión developed SMS message campaigns to try to boost account uptake and usage among its remittance-receiving clientele.</div> </div> <!-- END OUTPUT from 'core/themes/classy/templates/field/field--text-long.html.twig' --> Fri, 20 Apr 2018 22:00:41 +0000 Anonymous 32651 at https://poverty-action.org