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We investigate the link between gender inequality in financial inclusion and income inequality, with three contributions to the recent literature. First, using a micro-dataset covering 146,000 individuals in over 140 countries, we construct novel, synthetic indices of the intensity of financial inclusion at the individual and country level. Second, we derive the distribution of individual financial access “scores” across countries to document a “Kuznets”-curve in financial inclusion. Third, cross-country regressions confirm that our measure of inequality in financial access is significantly related to income inequality, above and beyond other factors previously highlighted in the literature.

This paper assesses the extent of economic and financial integration among the East African Community (EAC) along a number of dimensions and, where possible, whether integration has increased in the wake of the major regional integration policy milestones.

This paper analyzes the degree to which volatility in interbank interest rates leads to volatility in financial instruments with longer maturities (e.g., T-bills) in Kenya since 2012, year in which the monetary policy framework switched to a forward-looking approach, relative to seven other inflation targeting (IT) countries (Ghana, Hungary, Poland, South Africa, Sweden, Thailand, and Uganda). Kenya shows strong volatility transmission and high persistence similar to other countries in transition to a more forward-looking monetary policy framework. These results emphasize the importance of a strong commitment to an interbank rate as an operational target and suggest that the central bank could reduce uncertainty in short-term yields significantly by smoothing out the overnight interest rates around the policy rate.

A growing body of empirical evidence suggests that inequality—income or gender related—can impede economic growth. Using dynamic panel regressions and new time series data, this paper finds that both income and gender inequalities, including from legal gender-based restrictions, are jointly negatively associated with per capita GDP growth. Examining the relationship for countries at different stages of development, we find that this effect prevails mainly in lower income countries. In particular, per capita income growth in sub-Saharan Africa could be higher by as much as 0.9 percentage points on average if inequality was reduced to the levels observed in the fastgrowing emerging Asian countries. High levels of income inequality in sub-Saharan Africa appear partly driven by structural features. However, the paper's findings show that policies that influence the opportunities of low-income households and women to participate in economic activities also matter and, therefore, if well-designed and targeted, could play a role in alleviating inequalities.

Disorienting Politics mines 21st-century media artifacts—including films like The Martian and TV/streaming media shows such as Firefly and House of Cards—to make visible the economic, cultural, political, and ecological entanglements of China and the United States. Describing these transpacific entanglements as “Chimerica”—coined by economic historians to reference the symbiosis of China and America—Yang examines how Chimerican media, originating in the US but traversing national boundaries in their production, circulation, and consumption, co-create the figure of rising China and extend a political imagination beyond the conventional ground of the nation. Examining how Chimerican media are shaped by and perpetuate uneven power relations, Disorienting Politics argues that the pervasive tendency among wide-ranging cultural producers to depict the Chinese state as a racialized Other in American media life diminishes the possibility of engaging transpacific entanglements as a basis for envisioning new political horizons. Such othering of China not only results in overt racism against people of Asian descent, Yang argues, but also impacts the wellbeing of people of color more generally. This interdisciplinary book demonstrates the ways in which race is embedded in geopolitics even when the subject of discussion is not the people, but the (Chinese) state. Bridging media and cultural studies, Asian and Asian American studies, geography, and globalization studies, Disorienting Politics calls for a relational politics that acknowledges the multifarious interconnectivity between people, places, media, and environment.