Publication Date
1-25-2021
Summary
Financial inclusion is a prerequisite for the financial stability of families and for successful economies, but common conceptualizations of it have not adequately accounted for the financialization of modern life or for the influence of social policy, which increasingly delivers public benefits through financial services. This study proposes a broader conceptualization of financial inclusion, finding support for this new understanding in results from analyses of data from the 2016 National Financial Well-Being Survey and from a case study of Child Development Accounts.
Support for this publication comes from the Kauffman Foundation (Grant No. 201806-4478).
Document Type
Working Paper
Category
Financial Inclusion
Subarea
Financial Capability
Original Citation
Huang, J., Sherraden, M. S., & Sherraden, M. (2021). Toward finance as a public good (CSD Working Paper No. 21-03). St. Louis, MO: Washington University, Center for Social Development.
Project
Financial Capability and Asset Building
Keywords
finanncial inclusion; social policy; financial capability; inclusive finance;
Recommended Citation
Huang, J., Sherraden, M. S., & Sherraden, M. (2021). Toward finance as a public good (CSD Working Paper No. 21-03). St. Louis, MO: Washington University, Center for Social Development.
DOI: https://doi.org/10.7936/p8dd-p256