Abstract
This study is a three-year follow up to an evaluation of low-cost behavioral interventions integrated into a productive inclusion program in Ghana. While prior research shows these interventions prompt immediate behavior change, a significant gap remains in understanding whether these effects persist over time and if they translate into improved livelihood outcomes.
The original randomized control trial showed positive impact on saving behavior, but delays limited follow through on investments. This longer-term follow-up aims to measure if these interventions lead to enduring savings habits, reinforced financial self-efficacy, and ultimately, increased financial resilience, business performance, and overall well-being.
Additionally, the follow-up will update the cost-effectiveness analysis, which calculates the additional cash amount required to achieve the same savings impact as the behavioral tools, using data from the recent program scale-up. The findings, if positive, will provide a model for the design of scalable and cost-effective social protection and productive inclusion programs.