IMF paper rejects one-size-fits-all approach to financial inclusion
It is ‘critical’ policy-makers understand different constraints facing each country
Understanding the specific constraints to financial inclusion in any given economy is "critical" for tailoring policy recommendations, according to new research published by the IMF yesterday.
In Identifying Constraints to Financial Inclusion and Their Impact on GDP and Inequality: A Structural Framework for Policy, Era Dabla-Norris, Yan Ji, Robert Townsend and D. Filiz Unsal examine data from low-income countries (Uganda, Kenya, Mozambique) and three emerging market countries (Malaysia, the
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