Consortium on Financial Systems and Poverty
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Consortium on Financial Systems and Poverty Details
The Consortium on Financial Systems and Poverty (CFSP) is a private research organization of leading and emerging economists. Our goal is to improve the lives of the world's poor and to reduce poverty through helping to identify, define, and develop efficient financial systems. We strive to generate tangible and objective results that have meaningful lessons for policymakers, researchers, and stakeholders. CFSP is based at the University of Chicago and led by Professor Robert M. Townsend of MIT, who serves as faculty director. We bring together diverse scholars from around the world, who use a variety of approaches and who study a wide range of developing countries.CFSP also facilitates an important series of ongoing workshops that are designed to foster productive dialogues and scholarly progress in specific topic areas. Currently, there are three such workshops underway: Flow of Funds Accounts; Savings and the Financial Underpinnings of Macro Models; Optimal Design of Payments Systems; and Financial Systems, Industrial Organization, and Economic Development.CFSP was established in 2009 by a grant to the University of Chicago from The Bill & Melinda Gates Foundation.
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