Genuinely confused by Ajay Banga's private sector World Bank strategy.

'To truly make a difference, we will need a greater appetite for risk'

“Look, I think this thing of everybody telling the World Bank to take more risk is one of the bigger jokes that I've heard in my life.'

We are very excited to share that Frank Schilbach, Gautam Rao and I are run a special issue at Journal of Development Economics on a very important topic, “Mental Health and Socioeconomic Outcomes”! Deadline: 01/30/2025. Thank you Andrew Foster! #economics

sciencedirect.com/journal/journa…

The plot below shows access to simple bank accounts in South Africa. What can SA Reserve Bank (the regulator) do in order for our banks to be agents of growth and change?
#finance #investment #education #growth #inequality #southafrica #SARB #chile #usa

Happening today at 11a ET / 5p Central Europe!

If interested and not already on our mailing list, DM Giorgia Barboni Kim Fe Cramer Nicola Limodio or me, or visit our website wefidev.com

“mobile connectivity steers borrowers from microfinance to commercial banks and improves loan terms… partly due to 3G internet in facilitating the acquisition of land titles from the reform, used as a collateral for bank loans and mortgages.”

imf.org/en/Publication…

Great paper on #Finance & #Development by Cai and Szeidl: using experimental variation on a loan product in 🇨🇳, they show that access to finance has + effects on treated and - on competitors of treated firms. Quality & satisfaction ⬆️, prices ⬇️, net gains for consumer surplus!

Last call! Submit your papers on the economic impact of AI in Finance research.

The deadline to submit is this Sunday, April 7 11.59 pm ET.

sites.google.com/view/ai-financ…

Can't wait!

Postdoc position at Università Bocconi in Milan for 15 months to work on a project with me, Luigi Iovino, and Thorsten Martin. Ideal candidate interested in corporate finance/environmental economics. Apply here if you are interested (deadline April 30th): jobmarket.unibocconi.eu/?id=529 Econ RA Listings

Our next #WEFIDEV #Webinar on #Finance and #Development is on #credit and #entrepreneurship

Jiayue Zhang (Brown Economics) on returns to capital in small firms in 🇬🇭

Sanghamitra Mukherjee (@IMFNews) on microequity contracts in 🇮🇳

Mon Apr 8 at 11a US ET / 5p Central Europe

If you're interested in financing small firms for development, please join this webinar on Wednesday (10.00 US EDT, 14.00 UK) to hear from the Financial Access Initiative at NYU Wagner Small Firm Diaries project - with Payal Dalal Muhammad Meki Timothy Ogden Hillary Miller-Wise & me.
financialaccess.org/faiv/2024/3/18…

🚨🚨New working paper on the complementarity between technology and law in alleviating financial frictions in low and middle-income countries is finally out!

A great joint effort with @angelodandrea8, Nicola Limodio, Patrick Hitayezu, and Roland Kpodar.

A 🧵will follow

Congratulations Konrad Burchardi, well deserved & always inspiring to talk to you!

Are you up for sabbatical? Looking for a great group of colleagues, in a family-friendly city, with several research departments at commuting distance from each other? Don't miss this great opportunity offered by our neighbors at HEC Montréal-Économie appliquée/Applied Economics cc Pierre Carl Michaud

Congratulations Marta Prato for this recognition! Exciting to see the phenomenal impact of my young & sharp colleagues. Brava!