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Female Empowerment: Impact of a Commitment Savings Product in the Philippines

  • Ashraf, Nava
  • Karlan, Dean
  • Yin, Wesley

Summary Female "empowerment" has increasingly become a policy goal, both as an end to itself and as a means to achieving other development goals. Microfinance in particular has often been argued, but not without controversy, to be a tool for empowering women. Here, using a randomized controlled trial, we examine whether access to and marketing of an individually held commitment savings product lead to an increase in female decision-making power within the household. We find positive impacts, particularly for women who have below median decision-making power in the baseline, and we find this leads to a shift toward female-oriented durables goods purchased in the household.

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File URL: http://www.sciencedirect.com/science/article/B6VC6-4YBMTG6-1/2/6302a1d9aa64672999456cbf810b09b2
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Article provided by Elsevier in its journal World Development.

Volume (Year): 38 (2010)
Issue (Month): 3 (March)
Pages: 333-344

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Handle: RePEc:eee:wdevel:v:38:y:2010:i:3:p:333-344
Contact details of provider: Web page: http://www.elsevier.com/locate/worlddev

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