• Media type: E-Article
  • Title: Products and policies to promote saving in developing countries
  • Contributor: Goldberg, Jessica [Author]
  • imprint: Bonn: Institute for the Study of Labor (IZA), 2014
  • Language: English
  • DOI: https://doi.org/10.15185/izawol.74
  • ISSN: 2054-9571
  • Keywords: randomized controlled trials ; O1 ; O16 ; savings ; financial access
  • Origination:
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  • Description: Poor people in developing countries can benefit from saving to take advantage of profitable investment opportunities, to smooth consumption when income is uneven and unpredictable, and to insure against emergencies. Despite the benefits of saving, only 41% of adults in developing countries have formal bank accounts, and many who do rarely use their accounts. Improving the design and marketing of financial products has the potential to increase savings among this population.
  • Access State: Open Access