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

Citation:

Ashraf, Nava, Dean Karlan, and Wesley Yin. “Female Empowerment: Impact of a Commitment Savings Product in the Philippines”. World Development 38.3 (2010): , 38, 3, 33–344. Web. Copy at http://www.tinyurl.com/y54gedxl

Abstract:

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.

Publisher's Version

Last updated on 08/20/2014