Craig McIntosh is a development economist whose work focuses on programme evaluation. His main research interest is the design of institutions which promote the provision of financial services to micro-entrepreneurs. He has conducted field evaluations of innovative anti-poverty policies in Mexico, Guatemala, Malawi, Rwanda, Uganda, and Tanzania. He is currently working on research projects investigating how to boost savings among the poor, on whether schooling can be used as a tool to fight HIV/AIDS in Sub-Saharan Africa, and on mechanisms to improve the long-term viability of Fair Trade markets.
How doorstep banking increased savings and income in Sri Lanka
30 Mar 2016
Recent findings in development economics indicate that microloans are likely to perform best when accompanied by financial education, insurance, and savings products. This column presents evidence from an experiment in Sri Lanka, which involved offering saving accounts with door-to-door deposit collection services to otherwise unbanked rural households. It suggests that the programme incentivised participants to increase savings by increasing their income.
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