Among India's working poor, sobriety may boost savings

Trying to stay sober does not change the earnings of some workers—but it does increase the amount of money they save, according to an MIT economist's field experiment about low-income workers in India.

Have policymakers done enough to prevent the next crisis?

It's been more than a decade since the start of the worst financial crisis since since Great Depression. And while measures to strengthen the global financial system have undoubtedly paid off, one question haunts policymakers: ...

Monthly wages are an important step towards economic development

Most workers and agricultural producers in developing countries are paid on a daily basis. This has a negative impact on their ability to generate savings for large expenses. Researchers from UZH have now shown that dairy ...

Increasing crop insurances adoption in developing countries

Farmers in developing countries often rely heavily on their yearly harvest to feed their families. A bad crop can have severe consequences for their livelihood. Despite the significant advantages crop insurance offers in ...

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