Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/128118 
Year of Publication: 
2013
Series/Report no.: 
Bath Papers in International Development and Wellbeing No. 23
Publisher: 
University of Bath, Centre for Development Studies (CDS), Bath
Abstract: 
This paper examines the tensions that exist in financial inclusion policy between donor approaches founded on market modernism and governments with more activist leanings. It draws on political economy analysis - now frequently used by donors themselves - to demonstrate the underlying dynamics at play. It discusses how donor policy for microfinance has moved from disengagement to increasing engagement, as visions for financial inclusion require government involvement in building markets. We argue that there are opportunities for finer-grained understanding of the space for engagement and that, as a result, there are approaches to donor engagement, which may push the envelope of feasible strategies. In particular, the policy goal of inclusion may be achieved by a variety of means that go beyond the current orthodoxy. Finding policy that fits involves understanding the conditions under which activist governments are more likely to achieve developmental outcomes rather than to assume they cannot.
Subjects: 
Political Economy Analysis
Financial Inclusion
Donor Engagement
Market Development
Pro-market Activism
Africa
Document Type: 
Working Paper

Files in This Item:
File
Size
655.62 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.