Define and summarize what financial inclusion entails. Review evidence for the effectiveness of the individual financial products.

Financial inclusion

Read the following pieces on “financial inclusion”:

• https://www.worldbank.org/en/topic/financialinclusion/overview
• https://blogs.worldbank.org/allaboutfinance/what-do-we-know-about-link-between-financial-inclusion-and-inclusive-growth
• https://www.vox.com/future-perfect/2019/1/15/18182167/microcredit-microfinance-poverty-grameen-bank-yunus

Using these resources and the evidence covered in lectures please

• i) Define and summarize what financial inclusion entails (i.e. the overall goal and individual products / interventions under consideration)
• ii) Review evidence for the effectiveness of the individual financial products (i.e. what do they do well or not do well respectively)
• iii) Lay out one recommendation to a policy maker about which financial products to support based on their promise for improving poor household’s welfare.