The Household Finance Landscape in Emerging Economies

C. Badarinza, Vimal Balasubramaniam () and Tarun Ramadorai

Annual Review of Financial Economics, 2019, vol. 11, issue 1, 109-129

Abstract: We survey the household finance landscape in emerging economies. We first present statistics on household balance sheets from official microsurveys in countries constituting 45% of the global population: China, India, Bangladesh, the 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 better-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.

Date: 2019
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Citations: View citations in EconPapers (21)

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Working Paper: The Household Finance Landscape in Emerging Economies (2018)
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DOI: 10.1146/annurev-financial-110118-123106

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