Building Communities of Practice – the recent “Innovations in Youth Savings” workshop in Colombo, Sri Lanka

May 30, 2012
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By: Ryan Newton, Women’s World Banking; Oshala Bandara, Hatton National Bank

Cross-posted on

Around the world, girls as young as 10 years old accumulate money regularly, manage it actively, and want a safe place to save it. Unfortunately, financial institutions are traditionally oriented towards adults as customers and do not see youth as a viable target market. In an effort to shift the status quo, Women’s World Banking (WWB) joined 12 financial institutions in Sri Lanka last month to ensure that youth have access to comprehensive savings programs during its first international “Innovations in Youth Savings” workshop. Mary Ellen Iskenderian, President and CEO of Women’s World Banking, says that, “girls have been left behind in so many ways, including not having a way to build savings in their own name.” To address this issue, Ms. Iskenderian mentioned that, “Women’s World Banking is committed to helping financial institutions design savings products for young women and girls because we know that the development of saving and financial management skills will lead to an increased tendency among girls to pursue higher education, create businesses of their own, marry at a later age, or become property owners – all of which have broader implications for reducing poverty.”

The Invisible Wall against Social Protection Reform in China

May 29, 2012
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Recently, the city of Chongqing has become the center of media attention caused by the political scandal surrounding prominent party leader Bo Xilai – the former top official in the Chinese province of Chongqing. Even before the scandal, Mr. Xilai received both praise and opprobrium for his policies and his role in the region’s rapid economic growth.

Why Eduardo Saverin Has Company in Singapore

  • By
  • Parag Khanna,
  • New America Foundation
  • and Ayesha Khanna
May 24, 2012 |

It’s a cliché that the Pacific Ocean is displacing the Atlantic, that China will replace America at the top of the world’s hierarchy of power, and the East will surpass the West. The cliché is also wrong. The multipolar world we are entering will have no single winner, and the three-pillared West of the European Union, North America, and Latin America remains a triangular zone of peace and foundation of global stability.

Towards a New Model for International Research Collaboration: Reflections on the April YouthSave Research Advisory Council Convening and Symposium

May 16, 2012
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By Julia Stevens and Li Zou, Center for Social Development

Cross posted on

On April 17, 2012, a Symposium on International Research and Innovation at Washington University in St. Louis highlighted the experiences and insights of the international research partners in YouthSave. The event, which was hosted by the Center for Social Development at Washington University’s Brown School, drew an engaged audience of students, researchers, and program representatives with interests in international research and collaboration.

YouthSave News Flash: Bank of Kathmandu Launches Youth Savings Account for Low-Income Youth

April 30, 2012
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The YouthSaveConsortium is pleased to announce that on April 25th, the BankofKathmandu (BoK) launched its “BoK Chetanshil Yuwa Bachat Yojana (CYBY)” (meaning ‘Conscientious Youth Savings Plan’) – a savings account tailored for low-income youth aged 10 to 22.


May 1, 2012

The gripping account of the decade-long hunt for the world's most wanted man.

Working with Schools to Improve Youth Financial Capability: Tips from the Field

April 6, 2012
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By Rani Deshpande, Save the Children

Cross-posted on

When considering how to reach kids with financial capability programming, schools – an aggregation point for hundreds, sometimes thousands of young people – seem like an obvious place to start.  However, as YouthSave’s programs in Colombia and Nepal have learned, determining how to successfully work with schools to deliver financial capability programming requires almost as much thought and iteration as designing the intervention itself. 

The Real Afghanistan Binary: State Rule vs. State Failure

  • By
  • Afshin Molavi,
  • New America Foundation
February 6, 2012 |

Amid the international debate over the future of Afghanistan, a false binary has taken hold. Afghanistan is torn, we are told, between two choices: a corrupt, ineffective, increasingly unpopular government of President Hamid Karzai or the prospect of the return of the Taliban and their twisted and violent vision of Islam and a manifestly disastrous ruling history. In this stark choice, Mr Karzai is the usual winner.

Bin Laden's Final Days -- Big Plans, Deep Fears

  • By
  • Peter Bergen,
  • New America Foundation
March 16, 2012 |

Tapping away at his computer in the study of the suburban compound in Abbottabad, Pakistan, that he called home for the last years of his life, Osama bin Laden wrote memos urging his followers to continue to try to attack the United States, suggesting, for instance, they mount assassination attempts against President Obama and Gen. David Petraeus.

Mapping the Potential for Wealth Creation through Cash Transfers

March 6, 2012

NAF's Global Savings and Social Protection initiative is excited to release its first heat-mapping of different countries' potential to implement savings-linked social protection programs. NAF has identified 51 countries around the world that have social safety net/public benefit programs that involve cash transfers. For these countries, this map shows 11 different variables relating to their payment infrastructure. A country's score of 1-5 on each variable corresponds to its relative quintile; that is to say, India's score on ATM's per 100,000 adults is a '2' because its data falls in the second quintile (between the 20th and 40th percentile). Each variable is used to compute the country's composite Payment Infrastructure rating of Low/Medium/High. Roll over or click a country to view individual indicators.

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