I believe that there’s a lack of credible academic evidence proving any poverty-alleviating effects of financial inclusion. “On current evidence, the best estimate of the average impact of microcredit on the poverty of clients is zero”, says mathematician and development economist David Roodman.

http://www.theguardian.com/global-development-professionals-network/2014/oct/08/developing-countries-informal-economies-microfinance-financial-inclusion

Sign up for News!

Sign up for News!

Our newsletter brings you the latest stories from around the world, informative and timely articles, links to useful websites, educational videos, and much more!

Thank you for signing up! Have a nice day! :-)

Pin It on Pinterest

Share This