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Financial Inclusion: A Tale of Two Literatures

Prabhakar, Rajiv (2019). Financial Inclusion: A Tale of Two Literatures. Social Policy and Society, 18(1) pp. 37–50.

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DOI (Digital Object Identifier) Link: https://doi.org/10.1017/S1474746418000039
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Abstract

Financial inclusion has arisen as an important social policy agenda over the past 20 years. A scholarly literature has emerged that is very critical of financial inclusion seeing it as part of the financialisation of the everyday. Often, this theoretical literature makes little reference to how financial inclusion was developing in practice. Conversely, much of the policy literature does not refer to theoretical controversies about financial inclusion. The result is that the theoretical and policy literatures are developing in isolation of one another. This article suggests that it would be much better if there were greater mixing between these different literatures. The scholarly literature can inform the direction of policy and the applied literature can develop more nuanced versions of financialisation.

Item Type: Journal Item
Copyright Holders: 2018 Cambridge University Press
ISSN: 1475-3073
Keywords: financial inclusion; financialisation; financial capability
Academic Unit/School: Faculty of Arts and Social Sciences (FASS) > Social Sciences and Global Studies > Economics
Faculty of Arts and Social Sciences (FASS) > Social Sciences and Global Studies
Faculty of Arts and Social Sciences (FASS)
Item ID: 53027
Depositing User: Rajiv Prabhakar
Date Deposited: 05 Mar 2018 09:50
Last Modified: 12 Jun 2020 08:13
URI: http://oro.open.ac.uk/id/eprint/53027
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