Holti Banka an adjunct lecturer in the School of Public Policy. His research focus on international development and economic policy looks at ways of achieving financial inclusion and economic growth through the use of electronic payment systems.
Dr. Banka’s research on payment systems has three main themes. The first one is associated with the cost aspect of payments and specifically the quantification and measurement of societal costs that stem from the use of paper-based payment instruments and the derivation of savings from moving towards electronic-based payments at the country level, an area unexplored in the developing world context. The second theme is the empirical assessment of the effect that e-payment adoption (through the use of payment cards, mobile payments, and e-payment infrastructure in general) has on macroeconomic indicators such as consumption and foreign investments. The third aspect explores potential incentive schemes that governments could provide to other stakeholders such as businesses and consumers in order to accelerate the transition process towards electronic payments. Other academic interests include monetary policy, tax regimes, and microfinance.
Dr. Banka received his B.A. in economics and mathematics from Williams College, and his MPP and Ph.D. from the School of Public Policy, University of Maryland. He has previously been involved with projects at Eurobank, Greece, and the Economic Policy Research Institute in South Africa. He has also done short-term projects for the IFC and he currently works for the Payment Systems Development Group at the World Bank. Dr. Banka is a native Albanian who grew up in Greece.