"A Review of Commitment Savings Products in Developing Countries"

This paper was published by the Asian Development Bank in 2003. According to its abstract, the paper "first examines different designs that provide incentives to clients to commit to save. Mechanisms are divided into depositside mechanisms that help clients make regular deposits, and withdrawal-side mechanisms that help clients restrict the use of their funds except for well-planned uses or emergencies. Then, using results from a short web-based survey of microfinance instititutions, we describe different commitment savings products in use around the world."