Download or read book IFAD RESEARCH SERIES 51 Inclusive Finance and Rural Youth written by Arianna Gasparri and published by . This book was released on 2020 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This working paper deepens the analysis on inclusive finance and rural youth through cutting-age research and new insights and approaches that have emerged over the years in the field. The overall narrative clearly documents the ways in which rural youth engage with the economy, policy and institutions and identifies the rapid changes occurring across the globe as well as the opportunities and challenges that young people living in rural areas encounter in their different livelihoods. Within this context, financial inclusion has gained attention as a key contributing factor to unlock the potential of rural youth in driving sustainable and inclusive rural transformation. This paper investigates how recent developments in this sector entail new opportunities for rural youth, and highlights persisting barriers that prevent rural youth from accessing financial and non-financial services, making the case for a market system approach to financial inclusion with specific attention given to digital finance. The youth employment challenge is a global development priority. In many developing countries, high youth unemployment rates, significant proportions of working poor in vulnerable employment and economic disengagement together pose the risk of creating disaffection, driving migration, inciting social unrest and slowing progress toward development goals. The paper documents the increasing body of evidence about the positive link between financial inclusion and individual welfare, business creation and women's empowerment but also highlights the body of research that questions such a positive narrative, pointing out the lack of a sound and functional financial inclusion ecosystem.

Download or read book Inclusive Finance and Rural Youth written by Arianna Gasparri and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This working paper deepens the analysis on inclusive finance and rural youth through cutting-age research and new insights and approaches that have emerged over the years in the field. The overall narrative clearly documents the ways in which rural youth engage with the economy, policy and institutions and identifies the rapid changes occurring across the globe as well as the opportunities and challenges that young people living in rural areas encounter in their different livelihoods. Within this context, financial inclusion has gained attention as a key contributing factor to unlock the potential of rural youth in driving sustainable and inclusive rural transformation. This paper investigates how recent developments in this sector entail new opportunities for rural youth, and highlights persisting barriers that prevent rural youth from accessing financial and non-financial services, making the case for a market system approach to financial inclusion with specific attention given to digital finance"--Preliminary page.

Download or read book IFAD RESEARCH SERIES 10 Inclusive Finance and Inclusive Rural Transformation written by Calum G. Turvey and published by . This book was released on 2018 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides an overview of concepts, issues and research on the relationship between financial inclusion and inclusive rural transformation. When considering how the growth of demand for financial services is related to the broader processes of structural and rural transformation, the evidence shows that agricultural credit provides positive returns, but still with small farm and gender biases. Liberalization of financial markets may not have had the desired spillover effects into rural credit, so there may be justification for public intervention. Effective microcredit programmes might also need to be coupled with outreach and technical assistance in order to achieve desired goals and objectives. In addressing how innovations in rural finance contribute to making access to financial services and rural transformation more inclusive, the report focuses on demand relationships. Farmers who use credit have moderately inelastic to elastic demands. Policies that curb interest rates or otherwise lower the cost of credit may encourage credit demand. Research on risk rationing suggests a behavioural aspect to credit that needs to be considered. Policies that fail to consider collateral and risk may fail if risk-rationed farmers will either not borrow at all, or borrow less than optimal amounts of credit. Policies targeting inclusive finance for inclusive transformation should be targeted towards specific problems. If subsidies are required, they must be smart - in the sense of minimizing market distortions - and are best targeted towards lenders as incentives to increase loans in poverty or underserved communities, women borrowers and indigenous peoples. When markets fail, agriculture governments should consider state-run government-sponsored enterprises. Finally, agricultural lenders, including microfinance institutions, must reconsider their approach to disciplined savings and lending activities. Many farmers with credit demand will not borrow because the payment terms do not consider the risk or match the liquidity cycle of planting and harvesting.

Download or read book Inclusive Finance and Inclusive Rural Transformation written by Calum G. Turvey and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book IFAD Research Series 56 the Impact of Migrants Remittances and Investment on Rural Youth written by Manuel Orozco and published by . This book was released on 2020 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: In an increasingly globalized world community, rural international migration is often characterized by engagements or links that migrants establish with their home countries, home towns and relatives in their country of origin through transnational economic and social activities. This background paper analyses how migrants positively contribute to the sustainable economic development of rural youth in their countries of origin. Specifically, this paper details migrants' contribution to youth rural development through transnational economic engagement, which positively impacts financial inclusion, creation of employment opportunities and the promotion of entrepreneurship.Transnational engagement activities include money transfers (family remittances), philanthropy, entrepreneurship, capital investment, homeland goods consumption and knowledge transfer. We find that youth are doubly disadvantaged relative to adults in rural areas and relative to their urban counterparts, making remittances and other forms of engagement particularly important in helping this especially vulnerable group. Transnational engagement that occurs in rural areas and targets issues such as education or nutrition can disproportionately benefit youth. Other transnational engagement, such as knowledge transfer or partnership, establishes youth as agents of their own development and economic well-being. Though the activities differ, underlying all forms of transnational engagement is a reinforcement of social and cultural identities and connection with countries of origin for both migrants and descendants of migrants.

Download or read book IFAD RESEARCH SERIES 46 Economic Participation of Rural Youth written by Louise Fox and published by . This book was released on 2020 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Employment opportunities (for youth and non-youth) depend on the development of the economy: structural transformation, rural transformation and employment transformation. In rural areas, employment transformation (to steady, more productive wage employment) takes longer than in urban areas. Strategies to facilitate youth's entry into employment (the youth-specific employment challenge) have to take account of this.We have limited evidence on how youth handle this challenge in rural areas, and on effects of targeted programmes on this challenge - either the impact of non-targeted agricultural productivity and earnings programmes on youth's challenges or the impact of targeted youth programmes in rural areas. Certainly, the rural-urban gap in education and learning disadvantages rural youth. Anecdotal evidence suggests that when new off-farm opportunities develop in rural areas, youth are able to access them, while entry into farming may be hindered by lack of access to land.Evidence on programmes in urban areas to help youth enter self-employment may hold lessons for programme design for rural youth. A key lesson is that lack of technical skills does not seem to be the biggest obstacle youth face in entering the labour force. Given that most rural tasks (farm or non-farm) do not require a high degree of technical skill, we can expect that this would be even truer in rural areas. Microfinance (or cash grants) has been helpful in urban settings to help youth start non-farm businesses. Evidence on agricultural extension programmes suggests that peer-to-peer learning works best, perhaps arguing for youth-specific programmes to upgrade farming skills and knowledge, but this needs to be tested.

Download or read book Financial Inclusion Regulatory Practices in SADC written by Howard Chitimira and published by Taylor & Francis. This book was released on 2023-05-25 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: Against a background of calls to prioritise the improvement of financial inclusion in Africa, this book provides an analysis of current financial inclusion measures in Southern Africa. Evaluating the existing strengths and weaknesses of financial inclusion in Africa, it identifies opportunities to improve inclusive financial services and aid poverty reduction in the region. With a focus on South Africa, Namibia, Botswana, and Zimbabwe as case studies for assessing current financial inclusion in the context of particular challenges faced by unbanked and underbanked customers, who are easy targets for cybercriminals due to low levels of digital literacy, it looks into the regulation and promotion of financial inclusion in Southern Africa. The book explores financial inclusion in the context of digital transformation in the 21st century, examining the regulation and promotion of financial inclusion in the context of digital transformation, as well as the challenges related to financial inclusion. Suggesting improvements to aspects of company law, securities and financial markets in the Southern African Development Community region, the book offers a comprehensive study on the regulation and promotion of financial inclusion in the Southern African Development Community region. It will be essential reading for students and academics researching financial inclusion, international economic law and development.

Download or read book IFAD RESEARCH SERIES 52 Information and Communication Technologies and Rural Youth written by Jenny C. Aker and published by . This book was released on 2020 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the importance of rural youth for productivity, growth and development in lower- and middleincome countries, these populations have some of the highest rates of unemployment in the world. Rural youth face particular constraints in terms of labour market participation, including smaller social networks, low literacy rates, less work experience and limited access to capital (Robalino et al, 2013). Youth employment programmes have the potential to address these constraints, but they are often characterized by low enrolment, high dropout and uncertain returns. While the growth of digital technology offers new opportunities to address some of the issues associated with youth employment, research on their impacts is limited and results are mixed. We review existing research on the impact of digital initiatives on youth in the education, agriculture, financial and employment sectors, before proposing several ways forward for using digital technology to improve the impact of these programmes.

Download or read book IFAD RESEARCH SERIES 42 What Drives Rural Youth Welfare The Role of Spatial Economic and Household Factors written by Aslihan Arsalan and published by . This book was released on 2020 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most of the discourse on rural youth in developing countries lacks robust evidence on where rural youth live and how the challenges and opportunities of their location affect their welfare outcomes. This paper uses the concept of the Rural Opportunity Space from economic geography literature to shed light on these questions. Rural opportunities are expected to be shaped by commercial and agricultural potential of a location. We apply this conceptual framework to global geo-spatial data from 85 low- and middle-income countries on population density, as a proxy for commercial potential, and a measure of greenness, as a proxy for agricultural potential, to locate rural youth within the opportunity space globally. We then combine these data with household-level data from 12 countries in Africa, Latin America and Asia, to assess how the Rural Opportunity Space influences welfare outcomes of young households compared with older households. Our findings show that most rural youth actually live in areas with high potential in terms of commercial and agricultural opportunities. However, their welfare outcomes depend much more strongly on commercial potential than on agricultural potential. Education can have large poverty-reducing effects for younger households, especially in areas where commercialization potential is neither lowest nor highest.

Download or read book IFAD Research Series 55 Rural Youth written by Alan de Brauw and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The decision of whether to migrate or not is one of many potentially important decisions that young men and women make throughout the developing world. This paper takes a unique look at the determinants of youth migration across seven different countries using recently collected data, indirectly testing both broad and specific hypotheses related to migration. The paper finds that individual characteristics are more important determinants of migration than household characteristics. Furthermore, it finds little evidence that credit constraints or relative deprivation are correlated with migration at a nationally representative level, holding other things constant. The difference between this result and those found in the literature regarding credit constraints implies that credit constraints are geographically concentrated. The paper concludes with a discussion of the implications for migration-influenced policy regarding youth.

Download or read book IFAD RESEARCH SERIES 13 Graduation Models for Rural Financial Inclusion written by Khalid El Harizi and published by . This book was released on 2018 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Graduation out of chronic poverty has recently been receiving considerable attention by the global development community for its potential synergies with social protection, microfinance and livelihoods development approaches to poverty reduction. This paper examines the evidence regarding the effectiveness of graduation strategies in reducing extreme poverty, with a focus on rural households, and proposes a new analytical framework to support future work on graduation as a learning and adaptation process in development practice.

Download or read book Graduation Models for Rural Financial Inclusion written by Khalid El Harizi and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Graduation out of chronic poverty has recently been receiving considerable attention by the global development community for its potential synergies with social protection, microfinance and livelihoods development approaches to poverty reduction. This paper examines the evidence regarding the effectiveness of graduation strategies in reducing extreme poverty, with a focus on rural households, and proposes a new analytical framework to support future work on graduation as a learning and adaptation process in development practice."--

Download or read book Gender and Rurality written by Sarah Whatmore and published by Taylor & Francis. This book was released on 2023-06-08 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1994, this book brings together papers developing feminist analyses of the rural condition from a wide range of industrialised countries, informed by the national and local cultural constructions of gender and rurality which they interpret. The chapters address the gendered power relations of rural households and agricultural science; women’s mobilisation in farming and environmental politics; the intersection of domestic and rural values and practices as they shape gender identities.

Download or read book Youth Employment in Sub Saharan Africa written by Deon Filmer and published by World Bank Publications. This book was released on 2014-01-24 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The series is sponsored by the Agence Francaise de Developpement and the World Bank."

Download or read book Agricultural finance and the youth Prospects for financial inclusion in Uganda written by The Food and Agriculture Organization of the United Nations and published by Food & Agriculture Org.. This book was released on 2020-03-01 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this paper is to provide a comprehensive assessment of the current state of financial inclusion of the rural youth in Uganda, with a specific focus on their engagement in the agricultural sector and the financial services that are available to them to pursue their business ventures in this area. The study seeks to illustrate and bring to light the core constraints and opportunities associated with the provision of tailored financial services to young agricultural entrepreneurs in the country, while showcasing the essential role that key support actors (such as the Government, Central Bank, international development institutions, NGOs, foundations and many others) can play in fostering the provision and uptake of such services.

Download or read book Migrant Remittances and Development in the Global Economy written by Manuel Orozco and published by Lynne Rienner Pub. This book was released on 2013 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: Manuel Orozco moves beyond the numbers to provide a uniquely comprehensive, historically informed overview and analysis of the complex role of migrant remittances in the global economy. How do patterns of migration and remittances differ across regions? What kinds of regulatory and institutional frameworks best support the contributions of remittances to local development? What has been the impact of remittances on migrants and their families? Drawing on empirical data from five continents and firmly grounded in theory, Orozco¿s work reflects the evolution of our understanding about the importance of migrant remittances and the policies that govern them.

Download or read book Youth and Jobs in Rural Africa written by Valerie Mueller and published by Oxford University Press. This book was released on 2019-11-28 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a CC BY-NC 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Sub-Saharan Africa's rural population is growing rapidly, and more young people are entering the labour market every year. This raises serious policy questions. Can rural economies absorb enough job seekers? Could better-educated youth transform Africa's rural economies by adopting new technologies and starting businesses? Are policymakers responding to the youth employment challenge? Or will there be widespread unemployment, social instability, and an exodus to cities and abroad? Youth and Jobs in Rural Africa: Beyond Stylized Facts uses survey data to build a nuanced understanding of the constraints and opportunities facing rural youth in Africa. Addressing the questions of Africa's rural youth is currently hampered by major gaps in our knowledge and stylized facts from cross-country trends or studies that do not focus on the core issues. Youth and Jobs in Rural Africa takes a different approach, drawing on household and firm surveys from selected African countries with an explicit focus on rural youth. It argues that a balance between alarm and optimism is warranted, and that Africa's "youth bulge" is not an unprecedented challenge. Jobs in rural areas are limited, but agriculture is transforming and youth are participating, adopting new technologies and running businesses. Governments have adopted youth employment as a priority, but policies often do not address the specific needs of rural populations. Youth and Jobs in Rural Africa emphasizes that by going beyond stylized facts and drawing on more granular analysis, we can design effective policies to turn Africa's youth problem into an opportunity for rural transformation.