Taking Control

• Tác giả: Eliana Carranza
• Ngôn ngữ: eng
• Ký hiệu phân loại: 003.5 Theory of communication and control
• Thông tin xuất bản: Washington, DC: World Bank, 2023
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 295717
• Chủ đề: 1. AFRICA GENDER POLICY; 2. GENDER INNOVATION LAB; 3. WOMEN AND AGRICULTURE; 4. WOMEN AND PRIVATE SECTOR DEVELOPMENT; 5. WOMEN AND PROPERTY RIGHTS

Tóm tắt

Social and familial financial transfers are common in low-income communities and have positive social effects. To address this challenge, the authors designed and implemented a financial innovation to lower redistributive pressure among female cashew-processing workers: a blocked savings account into which gains in workers' earnings get transferred. Take-up of the private account was substantially higher at 60 percent, compared to 14 percent for the non-private account. Being offered a private account increased workers' attendance by 9.7 percent and earnings by 11.4 percent. The estimates imply that workers face a 9-23 percent social tax rate, and that the welfare benefits of informal redistribution may come at the cost of depressing labor supply and productivity.