This paper is concerned with the recent history of microfinance, both for itself and as a case study of the evolution of development ideas and activities. Doing justice to this history, and to all those involved in it will not be easy. Rather than aiming for a full narrative this paper asks what...

This paper examines the tensions that exist in financial inclusion policy between donor approaches founded on market modernism and governments with more activist leanings. It draws on political economy analysis – now frequently used by donors themselves – to demonstrate the underlying...

Sri Lanka has achieved a high level of financial inclusion compared to other South Asian countries. Its financial sector comprises a wide range of financial institutions providing financial services such as loans, savings, pawning, leasing and finance, and remittance and money transfer...

This study aims to assess the effect of financial inclusion and competitiveness on banks’ financial stability, considering the moderating role of financial regulation. To do so, we compare the effects of these variables in Sub-Saharan African (SSA) and Latin American and Caribbean (LAC)...

This study establishes economic growth needed for supply-side mobile money drivers in developing countries to be positively related to mobile money innovations in the perspectives of mobile money accounts, the mobile phone used to send money, and the mobile phone used to receive money. The...

The Central Bank of Kenya has in the recent years introduced several regulatory interventions aimed at increasing financial inclusion. Mobile operators and financial institutions have successfully launched numerous services either to increase the convenience for existing customers or to reach...