In this paper, we critically review the literature on finance and inequality, highlighting
substantive gaps in the literature. Finance plays a crucial role in the preponderance of …

Poor health is a source of impoverishment among households in low-and middle-income
countries (LMICs) and a subject of voluminous literature in recent years. This paper reviews …

We explore the impact of reduced transaction costs on risk sharing by estimating the effects
of a mobile money innovation on consumption. In our panel sample, adoption of the …

Background The concept of microcredit was first introduced in Bangladesh by Nobel Peace
Prize winner Muhammad Yunus. Professor Yunus started Grameen Bank (GB) more than 30 …

According to the author, rather than alleviating poverty, microfinance financialises poverty.
By indebting poor people in the Global South, it drives financial expansion and opens new …

Recent years have witnessed a global commitment to advancing financial inclusion as a key
enabler for promoting equal opportunity and reducing poverty. In this paper, we use the …

OBJECTIVE: To explore factors associated with household co** behaviours in the face of
health expenditures in 15 African countries and provide evidence for policy-makers in …

Microfinance was first trumpeted as a way to unleash the productive capacities of poor
people dependent on self-employment (eg, Hulme and Mosley, 1996). The idea was …

This paper evaluates the short-and longer term impact of Thailand's “Million Baht Village
Fund” program, among the largest scale government microfinance iniatives in the world …

This paper estimates, using a large panel data set from rural Bangladesh, the effects of
health shocks on household consumption and how access to microcredit affects households' …