Brandeis International Business School
Banking the Unbanked: The Indian Revolution: Financial inclusion — providing universal access to financial services and encouraging their use — is an important means for promoting economic development. As of 2014, the World Bank estimated that there were still 2 billion adults without a bank account, and many others with only a tenuous connection to the financial system (see Global Findex). Better access will boost the efficiency of the payments system, promote household savings and access to credit, and improve people’s ability to manage risk. And, as it does all of these things, financial inclusion has the potential to reduce inequality and increase economic growth. In other words, reducing the multitudes of those that are unbanked will improve the fate of the poorest of the poor.
Banking the Masses: 2018 Edition: The two leading financial trends of our time are the integration of digital technology and the advance of financial inclusion. The latter involves both provision of access to those who have no account (the "unbanked") and increased usage of financial services by those with a tenuous link to the formal system (the "underbanked"). A combination of swift technological change and government promotion is speeding the rise of inclusion.
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Dean, Judith M. "Trade Liberalization in India: How Firm-Level Actions Affect State-Level Poverty." (manuscript, with M. Anderson and S. Smith), 2017.
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"Growth in economic relations of China and India with the GCC countries." Asia-Pacific Economic Literature Vol. 25. Issue 2 (2012): 52-67.
"GCC-Chindia Economic Relations" Final revision submitted January 2011, expected publication date: April or May 2011." South-South Economic Relations. January 2011 ed. Ed. Adil Anjum. Boston: Pardee Center for Long Term Studies (Boston University), 2011.
Latika Chaudhary, Aldo Musacchio. Steven Nafziger, and Se Yan. "Big BRICs, Weak Foundations: The Beginning of Public Elementary Education in Brazil, Russia, India, and China." Explorations in Economic History 49. 2 (2012): 221-240.
Brainerd, Elizabeth and Nidhiya Menon. "Seasonal Effects of Water Quality: The Hidden Costs of the Green Revolution to Infant and Child Health in India." Journal of Development Economics 107. March 2014 (2014): 49-64.
Menon, Nidhiya/Archana Dang, Pushkar Maitra. "Labor Market Engagement and the Body Mass Index of Working Adults: Evidence from India." Economics and Human Biology (2019). (forthcoming)
Maitra, Pushkar/Menon, Nidhiya. "Portliness amidst Poverty: Evidence from India." February 2018. (forthcoming)
Nandy, Debarshi and Cheng, Tianyi. "U.S. Cross Border Deals in China and India: A Comparison." Artha, Vol. 4 Issue 12 (July 2019): 28–34.
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