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Prabhakar, Rajiv
(2019).
DOI: https://doi.org/10.1332/175982718X1545130507865
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.
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About
- Item ORO ID
- 58023
- Item Type
- Journal Item
- ISSN
- 1759-8281
- Keywords
- basic payment account; financial inclusion; financialisation; unbanked
- Academic Unit or 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) - Research Group
- Global Challenges and Social Justice
- Copyright Holders
- © 2019 Policy Press
- Depositing User
- Rajiv Prabhakar