Ideas to Action:

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Views from the Center

CGD experts offer ideas and analysis to improve international development policy. Also check out our Global Health blog and US Development Policy blog.

 

needle on measuring device

Do Indices Move the Needle on Gender Equality?

The broad scope of the Sustainable Development Goals acknowledges that human development is multifaceted and that gender equality is crosscutting.

In the drive to measure these concepts and gauge progress, there has been a proliferation of indices in recent years. The allure of indices is twofold: they reduce complex concepts and multiple indicators into one number, and this number can be used to rank countries and, so the theory goes, drive change. In one fell swoop then, indices seem to bring simplicity, order, and transformative potential.

smiling woman at sewing machine

Helping Poor Women Grow Their Businesses with Mobile Savings, Training, and Something More?

Growing a business is not easy, and for women firm owners the challenges can be acute, especially when they are poor and run subsistence level firms. In developing countries, 22 percent of women discontinue their established businesses due to a lack of funds, and women are more likely than men to report exiting their businesses over finance problems, according to the Global Entrepreneurship Monitor. Meanwhile, personal savings are a crucial source of entrepreneurial financing, and nearly 95 percent of entrepreneurs globally state that they used their own funds to start or scale up their businesses. Women, however, face unique constraints in accumulating savings to invest in growing their firms.

A seamstress in Accra, Ghana. Photo by Jonathan Torgovnik/Getty Images/imagesofempowerment.com

Empowering Women, Changing Mindsets: A Conversation on Technology and Financial Training

Eight years and millions of mobile financial transactions later, we came together again at a private CGD roundtable in London to discuss the potential of mobile banking and savings for women’s economic empowerment. We were pleased to hear the richness of research evidence and interventions on women’s financial inclusion that have emerged over the past decade. What follows are some takeaways from our deliberations, informed by this research and practice.

M-Pawa increased women’s happiness and optimism, business training had no additional significant effect (% of study participants answering ‘yes’)

The Clock is Ticking on Financial Inclusion and a Focus on Women Can Help

A sense of urgency was present at a recent World Bank Spring meeting on financial inclusion. This is not surprising, given the Bank’s ambitious goal of Universal Financial Access by 2020. Two years to go and globally about 1.7 billion adults remain unbanked—close to 1 billion of them are women. It’s clear that to meet this goal, we all must focus our efforts on women.

On the Docket for Development in 2018: CGD Experts Weigh in

Here at CGD, we’re always working on new ideas to stay on top of the rapidly changing global development landscape. Whether it’s examining new technologies with the potential to alleviate poverty, presenting innovative ways to finance global health, assessing changing leadership at international institutions, or working to maximize results in resource-constrained environments, CGD’s experts are at the forefront of practical policy solutions to reduce global poverty and inequality. Get an in-depth look below at their thoughts on the 2018 global development landscape.