Anthony Keats is an Assistant Professor of Economics at Wesleyan University in Georgia, US.
Content by Anthony Keats
Enabling microenterprise development in Sub-Saharan Africa through the provision of financial services
Most people in rural Africa do not have bank accounts. In this paper, we combine experimental and survey evidence from Western Kenya to document some of the supply and demand factors behind such low levels of financial inclusion. Our experiment had two parts. In the first part, we waived the fixed cost of opening a basic savings account at a local bank for a random subset...
Most people in rural Africa do not have bank accounts. Without a safe place to save up money, it may be very difficult for people to take advantage of high-return investments of many types. Likewise, without a safe place to keep an emergency cash buffer, vulnerability to shocks might be exacerbated. Recognising this, policymakers and international aid organisations have...
Publication - Working Paper
Enabling Microenterprise Development in Sub-Saharan Africa through the Provision of Financial Services
People in rural Kenya are so suspicious of banks that even when they are given strong financial incentives to open an account, many choose not to, according recent IGC research by Pascaline Dupas (Stanford) and Jonathan Robinson (UC Santa Cruz). The researchers set up a social experiment to look at the reasons why so few people in rural Kenya have back accounts, in the hope...