A blog exploring why financial services providers (FSPs) may be interested in working with current users of informal savings mechanisms (ISMs). The blog draws on findings from fieldwork undertaken in Ghana, Tanzania and Zambia under the Savings at the Frontier (SatF) programme.
The period of transition from socialism to capitalism in parts of Europe and Asia over the past 25 years has attracted considerable interest in academia and beyond. From the Editors of Palgrave's iconic series 'Studies in Economic Transition' comes the Palgrave Dictionary of Emerging Markets and Transition Economics.
Our In Focus papers summarise the services provided by each of our teams and evidence this work with examples of a range of projects. This edition focuses on our experience in Financial Sector Development.
This consultancy was commissioned by the Department for International Development ( DFID ) Somalia and contributes to the design of DFID Somalia ’s post - 2016 health programming. It is an exploratory piece or work , with the following core objectives : (a) Achieve a deeper understanding of the role and current dynamics of the private sector in the health sector in Somalia; and (b) Develop recommendations for private sector engagement.
The summative final evaluation of the WFP’s Purchase for Progress (P4P) pilot initiative (2008–2013), assessed the quality and results of the initiative and the extent these received can be used to inform the implementation of the WFP strategic plan.
The evaluation recommends completing ongoing activities and analysis; focusing future programme activity where favourable conditions exist; mainstreaming the demand (procurement) side of P4P-like programmes where WFP presents comparative advantages; considering adaptation of organizational systems to support mainstreaming; and developing guidelines for future WFP pilots.
World Savings Banks Institute (WSBI) is working with savings banks in order to double the number of savings accounts in the hands of the poor. This specific study relates to sharing lessons under the programme funded by the Bill & Melinda Gates Foundation. OPM consultants along with POFIB Development, a specialist Dutch postal financial services consultancy, have been working with WSBI to document the product features and assess how savings banks can provide usable services to the poor.
The paper can be accessed by following the link below.
The South African case substantiates the efforts taken by an economy characterised by significant social and economic divides to bring previously excluded population segments into the mainstream financial sector. In doing so it has chosen to follow a market-led approach. Notwithstanding the differences in approaches followed by India and SA, one could identify some useful lessons from the initiatives taken by the latter.