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A New Financial Instrument for Thai Urban Poor : A Case Study in Bangkok Metropolitan Aea |
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| รหัสดีโอไอ | |
| Creator | Pornpen Vora-Sittha |
| Title | A New Financial Instrument for Thai Urban Poor : A Case Study in Bangkok Metropolitan Aea |
| Publisher | School of Development Economic |
| Publication Year | 2555 |
| Journal Title | Development Economic Review |
| Journal Vol. | 6 |
| Journal No. | 2 |
| Page no. | 23 |
| Keyword | Lottery-Linked Saving Instrument, Urban Poor, Bangkok Metropolitan |
| ISSN | 1906-2540 |
| Abstract | This study surveys the behavior of the urban poor in savings and in buying lotteries. It aims to analyze the possibility of replacing lotteries with lottery- linked saving instruments issued by banks in order to boost the long term savings of the low-income group. Data used in this study are from preliminary survey of 4,000 observed poor in Bangkok. Results of the survey confi rm that lottery is the most popular fi nancial investment among the Thai poor in Bangkok since their face of limited investment alternatives. Their behaviors in terms of their buying lottery indicate the promptness of the poor in responding to the program of mobilizing their lottery-money to long term savings. |
