Publication Date
8-31-2015
Summary
The Ghana YouthSave Experiment investigated whether and how youth savings accounts affect financial capability; psychosocial, education, and health outcomes; and economic well-being of Ghanaian youth and their households. The research rigor in the Ghana experiment is unprecedented in resource-limited countries; therefore, it offers an opportunity to posit causal relationships between savings and youth development. This endline report, which comes three years after the baseline report, describes the Ghana experiment and presents experimental findings of YouthSave. The key research questions this report aims to answer is whether the Ghana experiment improved (1) savings patterns and performance for low-income youth; (2) low-income youth’s financial capability; (3) expectations and aspirations; (4) academic performance; and (5) low-income youth’s health attitudes and behaviors, including sexual risk taking.
Document Type
Research Report
Category
Financial Inclusion
Subarea
Global Asset Building
Original Citation
Chowa, G., Masa, R., Osei-Akoto, I., Ansong, D., Despard, M. R., Afranie, S., … Sherraden, M. (2015). Impacts of financial inclusion on youth development: Findings from the Ghana YouthSave experiment (CSD Research Report No. 15-35). St. Louis, MO: Washington University, Center for Social Development.
Project
YouthSave
Keywords
Africa, asset building, bank accounts, child development, child savings, child savings account, children, college expectations, developing countries, financial capability, Ghana, youth savings, YouthSave
Recommended Citation
Chowa, G., Masa, R., Osei-Akoto, I., Ansong, D., Despard, M. R., Afranie, S., … Sherraden, M. (2015). Impacts of financial inclusion on youth development: Findings from the Ghana YouthSave experiment (CSD Research Report No. 15-35). St. Louis, MO: Washington University, Center for Social Development.
DOI: https://doi.org/10.7936/K7HQ3ZD7