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WORKING PAPERS
September 20, 2011
This paper reports on the first randomized evaluation of a cash transfer program delivered via mobile phone. The trial households in targeted villages monthly cash transfers and finds that the mobile phone–based program saves costs and has greater benefits for recipients.
Multimedia
August 09, 2011
Senior fellow Liliana Rojas- Suarez discusses the U.S. credit rating downgrade and its effects. She emphasizes that the fundamental problems behind the 2008 financial crisis – namely the deeply troubled mortgage markets - have not been solved, and that this downgrade, together with the ongoing Euro...
Multimedia
June 20, 2011
For now, the future for Latin America looks bright. Confidence is high throughout the region after a strong rebound from the global financial crisis. But large and possibly volatile inflows of capital could lead to a credit bubble if regulators don’t take steps now to slow the large flood of hot mo...