Title

School Banking as a Strategy for Strengthening Youth Economic Participation in Developing Countries: Lessons From YouthSave

Author

Lissa Johnson

Additional Authors

Lee, YungSoo; Njenga, Githinji; Kieyah, Joseph; Osei-Akoto, Isaac; Rodriguez Orgales, Catherine; Sharma, Sharad; Chowa, Gina; Ansong, David; Ssewamala, Fred; Sherraden, Margaret S.; Sherraden, Michael; Zou, Li

Publication Date

1-16-2018

Summary

This report provides findings from YouthSave, an initiative to investigate the potential of savings accounts as tools for youth development and financial inclusion in developing countries. This study examines how schools can serve as settings for financial education and financial services, increasing youth economic participation. Results from Colombia, Ghana, Kenya, and Nepal show an increase in youth savings-account uptake when financial institutions provide opportunities at schools for youth to receive financial education, open savings accounts, and make deposits.

Document Type

Article

Category

Financial Inclusion

Subarea

Asset Building

Original Citation

Johnson, L., Lee, Y., Njenga, G., Kieyah, J., Osei-Akoto, I., Rodriguez, C. O., … Zou, L. (2018). School banking as a strategy for strengthening youth economic participation in developing countries: Lessons from YouthSave. Global Social Welfare. Advance online publication. doi:10.1007/s40609-017-0109-1

Project

YouthSave

Keywords

youth, youth savings, YouthSave, school-based saving programs, financial knowledge

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