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The political economy of financial inclusion: tailoring donor policy to fit

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  • Susan Johnson
  • Richard Williams

Abstract

type="main" xml:id="dpr12170-abs-0001"> Financial inclusion has recently become a globally acclaimed policy objective. This provokes the need to review policy in this sector, particularly in light of the tensions that arise between donor approaches founded on market modernism and governments with more activist leanings. This is done here in the context of efforts to move donor development policy beyond ‘best practice’ institutional blue-prints to those which are ‘good enough’, which seek to understand underlying political economy dynamics in order to find space to engage with governments. In doing so, it is argued that there is scope for ‘working with the grain’ and harnessing the political economy of government policy in order to produce financial inclusion outcomes.

Suggested Citation

  • Susan Johnson & Richard Williams, 2016. "The political economy of financial inclusion: tailoring donor policy to fit," Development Policy Review, Overseas Development Institute, vol. 34(5), pages 721-743, September.
    • Handle: RePEc:bla:devpol:v:34:y:2016:i:5:p:721-743
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    File URL: http://hdl.handle.net/10.1111/dpr.2016.34.issue-5
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    Cited by:

    1. Peter W. Muriu, 2021. "Does the Quality of Institutions Matter for Financial Inclusion? Cross Country Evidence," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 13(7), pages 1-27, June.
    2. Francisco Jesús Gálvez-Sánchez & Juan Lara-Rubio & Antonio José Verdú-Jóver & Víctor Meseguer-Sánchez, 2021. "Research Advances on Financial Inclusion: A Bibliometric Analysis," Sustainability, MDPI, vol. 13(6), pages 1-19, March.
    3. Ajide Folorunsho M., 2021. "Financial Inclusion and Labour Market Participation of Women in Selected Countries in Africa," Economics and Culture, Sciendo, vol. 18(1), pages 15-31, June.

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