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dc.titleThe Gig Economy and Financial Inclusion of Women in Latin America
dc.contributor.authorFernández Díez, María Carmen
dc.contributor.authorTámola, Alejandro
dc.contributor.authorAzar Barros, Karina
dc.contributor.authorHerrera, Diego
dc.contributor.authorColoma, María Gabriela
dc.contributor.authorAndrade, Gabriela
dc.contributor.orgunitConnectivity, Markets and Finance Division
dc.coverageLatin America and the Caribbean
dc.coverageCentral America
dc.coverageSouth America
dc.coverageLatin America
dc.date.available2023-02-23T00:02:00
dc.date.issue2023-02-23T00:02:00
dc.description.abstractThe development and expansion of platforms, as an opportunity to identify and connect labor demand and supply, has generated favorable expectations of job opportunities for less integrated groups such as women. This expansion, however, raises questions about the generation of sustainable income and opportunities for job stabilization and formalization. How should we leverage digital channels to improve women's financial inclusion? What is their financial profile and their demand for financing in platforms in the region? Is it possible for these platforms to be a solution in situations of economic vulnerability? Financial inclusion goes hand-in-hand with financial development and remains a challenge for Latin America. This paper follows a novel path by focusing on the conditions associated with gig economy women workers in the household services segment, as surveyed in four Latin American countries. The results show that gig economy platforms: i) have the potential to contribute to improving women's financial inclusion; ii) enable an "activity effect" and a "formalization effect"; and iii) identify lack of trust in payment instruments as the main obstacle to improve financial inclusion.
dc.format.extent44
dc.identifier.doihttp://dx.doi.org/10.18235/0004755
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/The-Gig-Economy-and-Financial-Inclusion-of-Women-in-Latin-America.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Economia-gig-y-la-inclusion-financiera-de-las-mujeres-en-America-Latina.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectFinancial Inclusion
dc.subjectWomen
dc.subjectGig Economy
dc.subjectLabor Force
dc.subjectDebtor Finance
dc.subjectRating
dc.subjectLabor
dc.subjectSaving Account
dc.subject.jelcodeG23 - Non-bank Financial Institutions • Financial Instruments • Institutional Investors
dc.subject.jelcodeG29 - Financial Institutions and Services: Other
dc.subject.jelcodeG28 - Government Policy and Regulation
dc.subject.jelcodeJ46 - Informal Labor Markets
dc.subject.jelcodeO54 - Latin America • Caribbean
dc.subject.jelcodeJ23 - Labor Demand
dc.subject.jelcodeJ22 - Time Allocation and Labor Supply
dc.subject.jelcodeL84 - Personal, Professional, and Business Services
dc.subject.jelcodeD14 - Household Saving; Personal Finance
dc.subject.keywordsGig Economy;platforms;women;financial inclusion
dc.typeTechnical Notes
idb.identifier.pubnumberIDB-TN-02657
idb.operationRG-T3488
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