Citation

Discussion Paper Details

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Title: The Household Finance Landscape in Emerging Economies

Author(s): Cristian Badarinza, Vimal Balasubramaniam and Tarun Ramadorai

Publication Date: November 2018

Keyword(s): credit, Development, emerging economies, household finance, Insurance and real estate

Programme Area(s): Development Economics and Financial Economics

Abstract: We survey the household finance landscape in emerging economies. We first present statistics on household balance sheets from official micro-surveys in countries comprising 45% of the global population: China, India, Bangladesh, Philippines, Thailand, and South Africa. We contrast these patterns with those in data from advanced economies. We then survey the nascent literature on household finance in emerging economies and discuss areas of overlap with the more well-established literature on household finance in advanced economies, as well as the large body of literature on development finance. We highlight useful directions for future research.

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Bibliographic Reference

Badarinza, C, Balasubramaniam, V and Ramadorai, T. 2018. 'The Household Finance Landscape in Emerging Economies'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=13318