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Rapid urbanization is reshaping developing countries and intensifying spatial inequalities. In their paper, Jean Lee and coauthors experimentally introduced mobile banking to rural and urban populations in Bangladesh to investigate inequality-reducing transfers.
The sample includes very poor rural households whose family members had migrated to the city and previously used inefficient traditional transfer mechanisms. One year later, urban-to-rural remittances increased by 30% relative to a control group. For active mobile money users, rural consumption increased by 7.5% and extreme poverty fell. Rural households borrowed less, saved more, and consumed more in the lean season. However, urban migrants bore costs, reporting substantially worse physical and emotional health.
The Center for Global Development (CGD) and The Global Financing Facility (GFF) invite you to the co-hosted Twitter Chat: Global Financing Facility: Investing in People. This interactive chat will discuss the details of GFF’s results-based model, its approach to sustainable global health financing, and scaling the impact of this innovative program over its planned expansion period (2018-2023).
Every year, more than 5 million women, children and adolescents die from preventable conditions, due to a significant financing gap for healthcare for women, children and adolescents, and inadequate incentives for provision and use of quality health services, among other factors. The Global Financing Facility (GFF) in support of Every Woman Every Child is a new approach to sustainable global health financing that is supporting countries’ approaches to financing and investing in the health of their people.