Latin America and the Caribbean
Argentina, Brazil, Mexico, Paraguay, Peru
The objective of this project is to identify constraints to the growth of mobile-based financial services for the poor in Latin America, and thus contribute to the body of knowledge required to design effective incentive mechanisms for promoting investments and service deployment, as well as adoption by potential beneficiaries. The primary research questions to be addressed are: What are the institutional and contextual factors that constrain the deployment and scaling of mobile-based financial services for the poor in Latin America? What are the interactions between demand for financial services and mobile telephony usage patterns among poor households that affect the growth of mobile banking? How can existing conditional cash transfer programs (CCTPs) be articulated with mobile telephony platforms to achieve greater efficiency in program delivery and at the same time extend the range and coverage of financial services for the poor? The project combines research activities on the supply and regulatory factors that affect the development of the mobile banking ecosystem in Latin America. Research will consist of, first, the creation of a database of existing mobile-based financial inclusion initiatives in the region (to be mapped and characterized in terms of services, business model, partnership structure, coverage, adoption, and overall results) and, second, the analysis of the regulatory environment in target countries (Brazil, Paraguay, Mexico and Peru) to identify regulatory bottlenecks for unlocking investments in mobile solutions for the unbanked.
Roxana Barrantes Cáceres, Judith Mariscal
About the Researcher(s)
Roxana Barrantes Cáceres is an economist with a B.S. Pontificia Universidad Católica del Perú and a PhD, University of Illinois at Urbana-Champaign. Executive Director and Researcher, Instituto de Estudios Peruanos. Professor, Department of Economics at Pontificia Universidad Católica del Perú. Professional activities in applied microeconomics, focused on (a) regulation and privatization of infrastructure sectors; and (b) environment and natural resources. During her career, Barrantes has served as staff and member of the board of directors of the Peruvian Telecommunications Regulatory Authority (OSIPTEL), consultant to the Transport Regulatory commission in Peru (OSITRAN), the National Superintendent of Sanitation (SUNASS), the Ministry of Transport and Communication, the National Ombudsman Office, and to the Inter American Development Bank. Currently, she serves in the Advisory Committee of LACEEP (Latin American and Caribbean Environmental Economics Program), and Steering Committee of DIRSI –Latin American and Caribbean research network on ICT regulation to foster inclusion by the poor into the information society. Past President of Permanent Seminar on Agricultural Research in Peru (SEPIA), Former Member of the Resolution of Environmental Disputes Court of the National Environmental Council (CONAM) and former President of the ProConectividad Committee of ProInversion. She has several recent and forthcoming publications on the use of mobile telephones among market traders in rural Peru, broadband technology, and inclusive development.