Evans School Policy Analysis & Research Group (EPAR)

The private sector is the primary investor in health research and development (R&D) worldwide, with investment annual investment exceeding $150 billion, although only an estimated $5.9 billion is focused on diseases that primarily affect low and middle-income countries (LMICs) (West et al., 2017b). Pharmaceutical companies are the largest source of private spending on global health R&D focused on LMICs, providing $5.6 billion of the $5.9 billion in total private global health R&D per year. This report draws on 10-K forms filed by Pharmaceutical companies with the U.S. Securities and Exchange Commission (SEC) in the year 2016 to examine the evidence for five specific disincentives to private sector investment in drugs, vaccines and therapeutics for global health R&D: scientific uncertainty, weak policy environments, limited revenues and market uncertainty, high fixed costs for research and manufacturing, and imperfect markets. 10-K reports follow a standard format, including a business section and a risk section which include information on financial performance, investment options, lines of research, promising acquisitions and risk factors (scientific, market, and regulatory). As a result, these filings provide a valuable source of information for analyzing how private companies discuss risks and challenges as well as opportunities associated with global health R&D targeting LMICs.

We review the literature on the status of interoperable payment schemes and regulations for financial services (particularly mobile money) in 46 developing countries, and identify examples of countries with interoperable mobile money schemes and/or regulations pertaining to mobile money and/or interoperability. Following a brief introduction to mobile money and interoperability, we present an overview of the status of mobile money in the 46 selected countries. We then review country regulations regarding both mobile money and payment systems as well as the form of these regulations (National Payment Law or Strategy, regulations, guidelines, etc.) for each country. We further discuss mobile money regulations, specifically regulations that pertain to bank-based versus non-bank based mobile money schemes, regulatory safeguards, and agent banking. In the final section we review regulations pertaining to interoperable mobile money services and outline where such regulations have been documented, highlighting countries with interoperable mobile money markets. 

This report provides a summary of findings from six Financial Inclusion Insights (FII) data analysis reports conducted by various agencies for the Bill & Melinda Gates Foundation (BMGF). These reports investigate barriers to financial inclusion and use of digital financial services (DFS) in Bangladesh, India, Kenya, Nigeria, Pakistan, Tanzania, and Uganda. We compile comparable gender-specific statistics, summarize the authors’ findings to determine commonalities and differences across countries, and highlight gender-specific conclusions and recommendations provided in the studies. 

This literature review examines the environmental impacts of water buffalo in pastoral and mixed farming systems in Sub-Saharan Africa, South Asia, and South America). The environmental impacts of water buffalo are less widely studied than those of the other livestock species included in this series; typically, the environmental impacts of water buffalo are incorporated into discussions of cattle without more detailed impacts being broken down by bovine type. In Asia and India, where the majority of buffalo are raised, buffalo are typically kept in small herds of only a few animals, which may minimize the local impacts of their grazing on vegetation, soil erosion and water pollution. Some aspects of buffalo feeding and life cycle patterns, as observed in the Amazon, may cause their greenhouse gas emissions to differ from those of cattle: buffalo can fatten on a wider range of grasses, reach market size in a shorter time, transition better from dry to wet seasons, and are more resistant to bovine diseases. While buffalo grazing and trampling can lead to land degradation, buffalo can contribute to nutrient and resource cycling in farming systems because their manure is considered good fertilizer and they can remove and utilize biomass grown on agricultural plots. Mitigation strategies vary by category of environmental impact, but largely suggest improved productivity to reduce land conversion, modified management systems (e.g., biodiversity, water use and consumption, farm and pastures, and waste), and the reduction of livestock numbers altogether.