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Mayra Buvinic, an internationally recognized expert on gender and development and social development, is a Senior Fellow both at the Center for Global Development and the United Nations Foundation. Previously, she was Director for Gender and Development at the World Bank. She also worked at the Inter-American Development Bank (IDB) where she headed the Social Development Division and was founding member and President of the International Center for Research on Women. She has a PhD in Social Psychology from the University of Wisconsin-Madison.
Savings can help businesses expand, by enabling them to finance lumpy investments and absorb unexpected shocks. However, several barriers stand in the way of women firm owners in developing countries who want to increase their savings.
CGD commissioned additional research to analyze the context, methodology and results of the pilot study on mobile savings for women entrepreneurs. The following papers provide in-depth studies of existing literature on savings and the results across various stages of the pilot’s progress. More papers will be added as the project progresses.
A study of women and men business owners in East Java offers a unique opportunity to analyze characteristics of entrepreneurs and their businesses by gender for a country where such systematic data are scarce. The study is one of two randomized controlled trials launched in 2015 to assess the power of mobile savings and training for women entrepreneurs. This report details baseline results from the Indonesia trial, still under way, which is testing whether providing financial literacy training for women who are potential bank clients and varying financial incentives to bank agents promoting a new mobile savings product make a difference in increasing entrepreneurs’ uptake of formal savings and in improving economic outcomes. Short-term results of the other trial, in Tanzania, were reported in the first report in this series.
The importance of ID for empowering women and girls is spot-on, but so far discussions about identification and gender haven’t given equal attention to the other side of the equation. And new data shows that when it comes to identification and gender equality, we encounter a two-way street. Identification isn’t just critical for achieving gender equality; addressing underlying gender discrimination is essential to making sure that all people have identification and the benefits that come along with it.
“Women’s economic empowerment” has suddenly become the talk of the town, whether that town is Antalya, Davos, or Washington. But will all of the recent high-level talk be backed up by meaningful action? And how do we ensure that actions taken are grounded in evidence? Here we explore women’s economic empowerment as a trend gaining traction and how to make sure that the trend becomes timeless.