Money or Power? Financial infrastructure and optimal policy

This paper examines a parallel set of surveys in two urban regions in Kenya and Ghana

From:
Foreign, Commonwealth & Development Office
Published
1 July 2021
Country:
Ghana, Kenya
Document Type:
Working Paper
Theme:
Economic Growth, Infrastructure
Authors:
Berkouwer, S. B.

Abstract

In this paper, through a parallel set of surveys in two urban regions in Africa (Kenya and Ghana) with comparable education, cell phone ownership, and electricity connectivity, the authors show that optimal government aid disbursement hinges financial infrastructure.

This research is part of the Energy and Economic Growth (EGG) Programme.

Citation

Money or Power? Financial Infrastructure and Optimal Policy. Susanna B. Berkouwer, Pierre E. Biscaye, Eric Hsu, Oliver W. Kim, Kenneth Lee, Edward Miguel, and Catherine Wolfram. NBER Working Paper No. 29086. July 2021 JEL No. G23,O38,Q38

Money or Power? Financial infrastructure and optimal policy

Published 1 July 2021
Contents