{"product_id":"banking-the-world-isbn-9780262544016","title":"Banking the World","description":"\u003cb\u003eExperts report on the latest research on extending access to financial services to the 2.5 billion adults around the world who lack it.\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003eAbout 2.5 billion adults, just over half the world's adult population, lack bank accounts. If we are to realize the goal of extending banking and other financial services to this vast “unbanked” population, we need to consider not only such product innovations as microfinance and mobile banking but also issues of data accuracy, impact assessment, risk mitigation, technology adaptation, financial literacy, and local context. In \u003ci\u003eBanking the World\u003c\/i\u003e, experts take up these topics, reporting on new research that will guide both policy makers and scholars in a broader push to extend financial markets.\u003cbr\u003e \u003cbr\u003eThe contributors consider such topics as the complexity of surveying people about their use of financial services; evidence of the impact of financial services on income; the occasional negative effects of financial services on poor households, including disincentives to work and overindebtedness; and tools for improving access such as nontraditional credit scores, financial incentives for banking, and identification technologies that can dramatically reduce loan default rates.1 Introduction: Banking the World 1\u003cbr\u003e Robert Cull, Asl ı Demirg ü ç -Kunt, and Jonathan Morduch\u003cbr\u003e I Where Are We Now? 17\u003cbr\u003e 2 Half the World Is Unbanked 19\u003cbr\u003e Alberto Chaia, Aparna Dalal, Tony Goland,\u003cbr\u003eMaria Jose Gonzalez, Jonathan Morduch, and Robert Schiff\u003cbr\u003e II Better Data 43\u003cbr\u003e 3 Cause and Effect of Financial Access: Cross-Country\u003cbr\u003eEvidence from the FinScope Surveys 45\u003cbr\u003e Patrick Honohan and Michael King\u003cbr\u003e 4 How to Ask Households about Financial Services:\u003cbr\u003eExperimental Evidence from Ghana and Timor-Leste 85\u003cbr\u003e Robert Cull and Kinnon Scott\u003cbr\u003e 5 Going with the Flow: Measuring Financial Usage in Poor\u003cbr\u003eHouseholds 109\u003cbr\u003e Daryl Collins\u003cbr\u003e III Creating Impact 135\u003cbr\u003e 6 The Economic Impact of Expanding Access to Finance in\u003cbr\u003eMexico 137\u003cbr\u003e Miriam Bruhn and Inessa Love\u003cbr\u003e 7 Finance and Hunger: Empirical Evidence of the Agricultural\u003cbr\u003eProductivity Channel 157\u003cbr\u003e Stijn Claessens and Erik Feijen\u003cbr\u003evi Contents\u003cbr\u003e 8 Entrepreneurial Finance in the Western Balkans:\u003cbr\u003eCharacteristics of the Newly Self-Employed in Albania,\u003cbr\u003eBosnia and Herzegovina, and Serbia 211\u003cbr\u003e Asl ı Demirg ü ç -Kunt, Leora F. Klapper, and Georgios A. Panos\u003cbr\u003e IV Cautionary Tales 265\u003cbr\u003e 9 The Impact of International Remittances on Income, Work\u003cbr\u003eEfforts, Poverty, and Inequality: Evidence from Vietnam\u003cbr\u003eHousehold Living Standard Surveys 267\u003cbr\u003e Nguyen Viet Cuong, Marrit van den Berg, and Robert Lensink\u003cbr\u003e 10 Mortgage Finance in Central and Eastern Europe —\u003cbr\u003e Opportunity or Burden? 305\u003cbr\u003e Thorsten Beck, Katie Kibuuka, and Erwin R. Tiongson\u003cbr\u003e V More than Products 391\u003cbr\u003e 11 Measuring Personality Traits and Predicting Loan Default\u003cbr\u003ewith Experiments and Surveys 393\u003cbr\u003e Dean Karlan, Sendhil Mullainathan, and Omar Robles\u003cbr\u003e 12 Valuing Financial Literacy 415\u003cbr\u003e Shawn Cole, Thomas Sampson, and Bilal Zia\u003cbr\u003e 13 Use of Biometric Technology in Developing Countries 429\u003cbr\u003e Xavier Gin é , Jessica Goldberg, Shalini Sankaranarayanan,\u003cbr\u003ePeter Sheerin, and Dean Yang\u003cbr\u003e 14 Accessing Credit from Banks, Microfinance Institutions, and\u003cbr\u003eInformal Groups: What Is the Role of Social Capital? 447\u003cbr\u003e Anni Heikkil ä , Panu Kalmi, and Olli-Pekka Ruuskanen\u003cbr\u003e VI Conclusion 467\u003cbr\u003e 15 Ten Research Questions 469\u003cbr\u003e Jonathan Morduch\u003cbr\u003e Contributors 483\u003cbr\u003e Index 485Robert Cull is a Lead Economist in the Finance and Private Sector Development Team of the World Bank's Development Research Group. Asli Demirgüç-Kunt is Director of Development Policy in the World Bank's Development Economics Vice Presidency and Chief Economist of the Financial and Private Sector Development Network (FPD). She is the coeditor of \u003ci\u003eFinancial Structures and Economic Growth: A Cross-Country Comparison of Banks, Markets, and Development\u003c\/i\u003e (MIT Press, 2001). Jonathan Morduch is Professor of Public Policy and Economics at New York University's Wagner Graduate School of Public Service. He is the coauthor of \u003ci\u003eThe Economics of Microfinance\u003c\/i\u003e (MIT Press) and \u003ci\u003ePortfolios of the Poor: How the World's Poor Live on $2 a Day\u003c\/i\u003e.","brand":"The MIT Press","offers":[{"title":"Default Title","offer_id":46301262348517,"sku":"NP9780262544016","price":40.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780262544016.jpg?v=1767722152","url":"https:\/\/k12savings.com\/es\/products\/banking-the-world-isbn-9780262544016","provider":"K12savings","version":"1.0","type":"link"}