The Open UniversitySkip to content
 

Should Basic Payment Accounts be Extended?

Prabhakar, Rajiv (2019). Should Basic Payment Accounts be Extended? Journal of Poverty and Social Justice, 27(1) pp. 139–144.

Full text available as:
[img]
Preview
PDF (Accepted Manuscript) - Requires a PDF viewer such as GSview, Xpdf or Adobe Acrobat Reader
Download (456kB) | Preview
DOI (Digital Object Identifier) Link: https://doi.org/10.1332/175982718X1545130507865
Google Scholar: Look up in Google Scholar

Abstract

Reducing the ‘unbanked’ is an important part of financial inclusion. For its supporters, access to a bank account is important for reducing the costs faced by those locked out of mainstream banking. Critics worry that financial inclusion ultimately shifts people from the security of the welfare state to the insecurity of financial markets. This paper argues that reducing the unbanked can contribute to both individual empowerment and subjection. Much depends upon how such policies are devised.

Item Type: Journal Item
Copyright Holders: 2019 Policy Press
ISSN: 1759-8281
Keywords: basic payment account; financial inclusion; financialisation; unbanked
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: 58023
Depositing User: Rajiv Prabhakar
Date Deposited: 30 Nov 2018 16:32
Last Modified: 29 Jun 2020 01:26
URI: http://oro.open.ac.uk/id/eprint/58023
Share this page:

Metrics

Altmetrics from Altmetric

Citations from Dimensions

Download history for this item

These details should be considered as only a guide to the number of downloads performed manually. Algorithmic methods have been applied in an attempt to remove automated downloads from the displayed statistics but no guarantee can be made as to the accuracy of the figures.

Actions (login may be required)

Policies | Disclaimer

© The Open University   contact the OU