“Financial inclusion is a key enabler to reducing poverty and boosting prosperity.”
– The World Bank (2018)
“[Policies of financial inclusion] serve to legitimize, normalize, and consolidate the claims of powerful, transnational capital interests that benefit from finance-led capitalism.”
– Susanne Soederberg (2013).
Financial inclusion has been high on the agenda for policy-makers over the past decade, including the G20, international financial institutions, national governments and philanthropic foundations. According to Bateman and Chang (2013), it’s the international development community’s most generously funded poverty reduction policy. But what lies behind the buzzword? How can the two quotes above portray such starkly opposing views?Read More »
While many of you may want to forget about 2018, we promise there are some good things that happened that you might want to remember. Here are the top 10 most read posts of the year. Happy new year and enjoy!
- An Alternative Economics Summer Reading List (by Carolina Alves, Besiana Balla, Devika Dutt and Ingrid H. Kvangraven)
- Not just r > g but r + q >> g: Piketty meets Ricardo in the long run of Indian history (by Rishabh Kumar, California State University, San Bernardino)
- Historicising the Aid Debate: South Korea as a Successful Aid Recipient (by Farwa Sial, School of Oriental and African Studies)
- Consuming development: Capitalism, economic growth and everyday life (by Arve Hansen, University of Oslo)
- The World Bank Pushes Shadow Banking in the Name of Development (Daniela Gabor, University of the West of England, Bristol, and others).
- Keynes or New-Keynesian: Why Not Teach Both? (by Rohit Azad, Jawaharlal Nehru University)
- Think Positive, Climb out of Poverty? It’s Just Not So Easy! (by Svenja Flechtner, University of Siegen
- Revisiting Hirschman’s Tunnel Effect and Its Relevance for China (by Wannaphong Durongkaveroj, Australian National University)
- Why I refuse to rethink development – again (and again, and again…) (by Julia Schöneberg, University of Kassel)
- Marx’s Birthday and the Dismal Science (by Carolina Alves, University of Cambridge, and Ingrid Harvold Kvangraven, University of York)
Want to be a contributor to this blog too next year? Shoot an e-mail to Ingrid Harvold Kvangraven and she’ll guide you through the submission process.
2017 was a dramatic year in many ways. But before it completely flies by, let’s not forget the important contributions made to the development debate on this blog this year! Here are the top 10 most read posts of 2017:
- Kicking Away the (Statistical) Ladder (Jacob Assa, UN)
- An Economic Strategy for The Gambia? (Sanjay Reddy, The New School)
- Is ‘Imperialism’ a Relevant Concept Today? A Debate Among Marxists (Ingrid Harvold Kvangraven, The New School)
- 80 Economic Bestsellers before 1850: A Fresh Look at the History of Economic Thought (Erik Reinert, Tallinn University of Technology)
- Re-centering Inequality in African Economic History (Alden Young, Drexel University)
- e-Book Launch: Can Dependency Theory Explain Our World Today? (editorial)
- The Financialization of Africa’s Development (Richard Itaman, SOAS)
- Towards a Critical Pluralist Research Agenda in Development Economics: Some Bricks from Berlin to Build Upon (Svenja Flechtner, Freie Universität Berlin, Jakob Hafele, Vienna University, and Theresa Neef, Freie Universität Berlin)
- 200 Years of Ricardian Trade Theory: How Is This Still A Thing? (Ingrid Harvold Kvangraven, The New School)
- Advancing a Research Agenda of Scarcity, Abundance, and Sufficiency (Adel Daoud, University of Cambridge)
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It is the season for compiling lists! We’ve collected the most interesting 2016 lists that we’ve seen so far on topics related to economic development. We also compiled a list of the top five posts from this blog.
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The process of selecting a new World Bank president has started. Pundits are already criticizing the process for being rushed, closed, and favoring the re-selection of the current President Jim Kim. This serves as a reminder of how political the international financial institutions are, although they often present themselves as being technical and apolitcal.
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