The Initiative was launched with core funding from the Bill and Melinda Gates Foundation to the Robert F. Wagner Graduate School of Public Service at NYU.[1] Led by Managing Director Jonathan Morduch (NYU), Dean Karlan (Yale), Sendhil Mullainathan (Harvard), the Initiative seeks to provide rigorous research on the impacts of financial access and on innovative ways to improve access. FAI’s website states that financial access holds the promise to help low-income individuals in developing countries manage their economic lives and build wealth.[2]
The Financial Access Initiative involves three main activities:
Systematizing evidence and communicating lessons: Clarify and organize what is known (and what needs to be known) about the demand for finance by the poor. Emphasis is placed on presenting the information in actionable form and targeting regulators, donors, and other key decision makers.
Generating new evidence: Key topics include the nature of demand for financial services; the extent of impacts of financial access on incomes, businesses, and broader aspects of well being; and mechanisms that can increase impact and scale.
Policy around regulation: Describe policy options for central bankers and regulators in a high-level but accessible format. The outputs are independent guides to policy with an emphasis on direct effects and trade-offs of policy choices.
Researchedit
Funded by a $5 million grant from the Bill & Melinda Gates Foundation, FAI’s research aims to assess existing research on global financial access, generate new evidence through field work, and inform regulatory policy.
Field researchedit
Field research is coordinated by Innovations for Poverty Action, an organization based in New Haven, Connecticut, and headed by Dean Karlan. Current research is taking place in Bolivia, Indonesia, South Africa, Mexico, Peru, India, Ghana, and the Philippines.[3] Randomized control trials are used to focus on three central research initiatives: demand for financial services, impact of financial services and the role of regulatory policy.[4]
^. Archived from the original on 2015-02-21. Retrieved 2014-09-04.
^. www.financialaccess.org. Archived from the original on April 17, 2008.
^. Financial Access Initiative. Archived from the original on November 1, 2013. Retrieved September 5, 2013.
External linksedit
Official website Financial Access Initiative
“In Praise of Usury” The Economist
January 01, 1970
financial, access, initiative, american, consortium, established, 2006, researchers, york, university, yale, university, harvard, university, innovations, poverty, action, focused, finding, answers, financial, sectors, better, meet, needs, poor, households, fo. The Financial Access Initiative FAI is an American consortium established in 2006 of researchers at New York University NYU Yale University Harvard University and Innovations for Poverty Action IPA focused on finding answers to how financial sectors can better meet the needs of poor households Financial Access InitiativeFounded2006FocusFinancial Access Poverty Alleviation MicrofinanceLocationRobert F Wagner School of Public Service New York University New YorkArea servedGlobalKey peopleDean Karlan Director Lead Researcher Jonathan Morduch Managing Director Lead ResearcherSendhil Mullainathan Director Lead ResearcherWebsitewww wbr financialaccess wbr org The Initiative was launched with core funding from the Bill and Melinda Gates Foundation to the Robert F Wagner Graduate School of Public Service at NYU 1 Led by Managing Director Jonathan Morduch NYU Dean Karlan Yale Sendhil Mullainathan Harvard the Initiative seeks to provide rigorous research on the impacts of financial access and on innovative ways to improve access FAI s website states that financial access holds the promise to help low income individuals in developing countries manage their economic lives and build wealth 2 Contents 1 Activities 2 Research 2 1 Field research 3 Supporters 4 Partner websites 5 References 6 External linksActivities editThe Financial Access Initiative involves three main activities Systematizing evidence and communicating lessons Clarify and organize what is known and what needs to be known about the demand for finance by the poor Emphasis is placed on presenting the information in actionable form and targeting regulators donors and other key decision makers Generating new evidence Key topics include the nature of demand for financial services the extent of impacts of financial access on incomes businesses and broader aspects of well being and mechanisms that can increase impact and scale Policy around regulation Describe policy options for central bankers and regulators in a high level but accessible format The outputs are independent guides to policy with an emphasis on direct effects and trade offs of policy choices Research editFunded by a 5 million grant from the Bill amp Melinda Gates Foundation FAI s research aims to assess existing research on global financial access generate new evidence through field work and inform regulatory policy Field research edit Field research is coordinated by Innovations for Poverty Action an organization based in New Haven Connecticut and headed by Dean Karlan Current research is taking place in Bolivia Indonesia South Africa Mexico Peru India Ghana and the Philippines 3 Randomized control trials are used to focus on three central research initiatives demand for financial services impact of financial services and the role of regulatory policy 4 Supporters editThe Bill and Melinda Gates Foundation 5 Partner websites editInnovations for Poverty ActionReferences edit Expanding Banking Access to the Poor New Gates Foundation Initiative Based at Wagner NYU Wagner News and Events May 2 2007 Financial Access Initiative Vision Financial Access Initiative Retrieved September 5 2013 Microfinance Archived from the original on 2015 02 21 Retrieved 2014 09 04 Research overview www financialaccess org Archived from the original on April 17 2008 FAI Supporters Financial Access Initiative Archived from the original on November 1 2013 Retrieved September 5 2013 External links editOfficial website Financial Access Initiative In Praise of Usury The Economist The Poor s Access to Microcredit The Morningside Post Retrieved from https en wikipedia org w index php title Financial Access Initiative amp oldid 1105963291, wikipedia, wiki, book, books, library,
