Policymakers have invested significant resources in financial education to improve financial literacy of the poor, reduce bad financial decision-making, and increase take-up of financial services and products. Yet, there is limited evidence on the effectiveness of such interventions, especially in developing countries. This paper provides evidence…

The paper reports on a field experiment conducted among poor women organized in self-help groups in the north-east of India. The experiment tests in a simple game whether overly optimistic expectations with respect to the benefits of exercising agency reduces one's appreciation of remaining with agency in the future. If so, unrealistic…

Self-help groups (SHGs) have emerged as an effective mechanism of empowerment and development of women as well as being on efficient mode of promoting group action and technology dissemination. Initiatives were undertaken at the Central Institute of Post-Harvest Engineering and Technology (CIPHET), Ludhiana to facilitate the formation of women's…

During its trip to India in 2006, the ASCD Board of Directors visited the Katha School, which is located in a high-poverty section of Delhi. The Katha School began in 1989 with five students. It now houses 1,450 students, with hundreds on a list waiting to get in. Part of the Kalpavriksham Centre for Sustainable Learning, the school is the main…