High-speed internet enhances the role of banks in Africa by reducing telecommunication costs and fostering the banks’ adoption of new financial technologies, such as the real-time gross settlement (RTGS) payment system
A programme constructing new rural roads in India increased bank lending, particularly to previously excluded communities, with new financing put towards productive uses
The expansion of the Beijing subway system is driving collaborative innovation by reducing travel costs and increasing matches among highly productive inventors
Labeled microcredit loans increase the take-up of safe toilets, but take-up and conversion are influenced by intra-household gender differences in perceptions and bargaining power