Abstract:
In recent years, a number of randomized evaluations have been carried out to investigate the promotion of savings interventions. Yet, to date, there is no systematic evidence of how effective these programs truly are in boosting consumption and investment—and particularly whether they may be a promising tool to empower women. Steinert, Zenker, et al. (2017) synthesize the evidence and provide some insights as well as point to open questions. Trends suggest that saving promotion interventions are not effective for (vulnerable) women.