On October 4, CGD convened a private roundtable on women and financial technology in development alongside Monica Brand Engel, co-founding partner of Quona Capital (which invests in financial technology solutions in the developing world), and Wendy Jagerson Teleki of the International Finance Corporation. An engaged set of participants from MDBs, government, civil society, and the private sector joined Engel and Teleki in exchanging ideas on how to increase women’s representation in financial technology (or “fintech” for short) leadership and improve access to financial services for women.
CGD Policy Blogs
As Lant Pritchett reports, the World Bank has introduced two new poverty lines: $3.20 for lower middle income countries, and $5.50 for upper middle income countries. I’m with Lant that this is broadly a good thing. But the process by which the World Bank came up with its new poverty lines suggests it might be worth revisiting some of the pitfalls of income thresholds at the individual or national level.
Improving rights for gays and lesbians is a critical human rights issue. Even where it is not illegal, gays and lesbians face violence, discrimination, and social stigma. But our research makes clear that in the developing world as a whole, both laws and attitudes are changing for the better, and that legal change is not only a positive step in itself, but it can also help shift attitudes too.