Workshop Outline

In light of the International Year of Microcredit and the increased demand for hard data, the workshop will convene a select group of experts in the fields of economic statistics and financial sector economics, from the International Financial Institutions and other key constituents to discuss what we know and what we need to know about the access of poor and low-income people, and their enterprises, to financial services.  The objective will be to consider what data is available, what are the current and anticipated future data needs, where are the gaps, and to build agreement on the best way forward.

8:30 to 9:00     Opening Remarks:

       Stanley Fischer (Vice Chairman, Citigroup &
       President of  Citigroup International and Chair of the
       Advisors Group for the International Year of Microcredit
       2005)

       Kevin Watkins (Human Development Report, UNDP)

Moderator for Session A:    Enrique V. Iglesias
                                           (Inter-American Development Bank)

9.00 to 10:00   Surveying transactions at the bottom of the
                      pyramid

                      What happens on the ground?  What are the market
                      segments? How   is finance accessed?  Where do
                      people put their money? – Moving beyond anecdotes.  

                Speaker: Jonathan Morduch (NYU) 
                Discussant:  Maria Letelier (Cheskin Market Research) 

10:00 to 11:00 Scope and limitations of existing data sources

       What do we need to know; what do we know & what
       do we not  know?

                      Speaker: Patrick Honohan (World Bank) 
                      Discussant: Robert Annibale (Citigroup) 

11:00 to 11:30  Coffee break

Moderator for Session B:  Alan Winters (World Bank) 

11:30 to 12:45  Using quantitative cross-country data on access

                      What are the difficulties in comparing data across
                      countries?  What type of data is needed to build a
                      systematic picture of the financial products and services
                      poor and low income people have access to?

                      Speaker: Thorsten Beck (World Bank) 
                      Discussants: Raghuram Rajan (IMF);
                                          Dean Karlan (Princeton)

13:00 to 14:00 Lunch

Moderator for Panel A: Carol Carson (IMF) 

14:00 to 15:30 Panel discussion:  What are the methodologies for
                      collecting hard data?

                      What are the pros and cons of different approaches,
                      including cost-effectiveness?  How to ensure validity and
                      reliability?  Sources and methods for data collection to be
                      discussed will include: household, enterprise, provider and
                      expert surveys.

       Panelists: Arthur Kennickell (Federal Reserve Board) 
                      Kinnon Scott (World Bank) 
                      Mary Hallward-Driemeier (World Bank) 
                      Edgar Ayales, (IMF)

15:30 to 15:45  Tea break

Moderator for Panel B:  Stanley Fischer 

15:45 to 17:30 Panel discussion: The way forward – towards an
                      action plan for better data

                      Panelists: Jerry Caprio (World Bank)
                                      Suzan Suer (VISA International)
                                      Stefan Ingves (IMF)
                                      Kevin Watkins (UNDP)

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For more information:

Patrick Honohan
The World Bank
1818 H Street
Washington, D.C.  20433
Tel:202-4733722
phonohan@worldbank.org