IFPRI researcher Salauddin Tauseef and co-authors published the chapter, “Mobile Money Mitigates the Negative Effects of Weather Shocks: Implications for Risk Sharing and Poverty Reduction in Bangladesh” in a book published by the Asian Development Bank Institute (ADBI).
The results show that large rainfall shocks negatively affect food and nonfood consumption, but the adoption of mobile money can provide much needed resilience to households in mitigating this impact by allowing easier flow of remittances, especially from foreign countries.
Read on: https://doi.org/10.56506/HSDC4319