BUILDING INCLUSIVE ECONOMIES Advancing the research agenda Kay - - PowerPoint PPT Presentation

building inclusive economies
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BUILDING INCLUSIVE ECONOMIES Advancing the research agenda Kay - - PowerPoint PPT Presentation

BUILDING INCLUSIVE ECONOMIES Advancing the research agenda Kay McGowan Global Development Lab June 28, 2016 10/6/16 1 Financial Inclusion is a means to an end Smoothing volatile income / consumption patterns Enabling sustainable


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BUILDING INCLUSIVE ECONOMIES

Kay McGowan Global Development Lab June 28, 2016

10/6/16

Advancing the research agenda

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  • Smoothing volatile income /

consumption patterns

  • Enabling sustainable access

to critical services like energy, water, health care, education

  • Providing pathways to asset

building and productive investments

  • Instilling transparency and

efficiency into public sector spending and collections

Financial Inclusion is a means to an end

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  • Digital payment systems have emerged as the foundational layer of

inclusive economic infrastructure – reducing the systemic costs of transacting – bolstering the commercial case for un/under-served segments – fostering investment in relevant products and services

  • Re-thinking market supervision

– catalyzing RegTech approaches

  • Focus on the enablers

– connectivity – ID systems – financial capability

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USAID’s Role