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Financial Inclusion in Asia: Discourse and Discontent

Illustration by Krish Raghav
Illustration by Krish Raghav
Symposium

Since its initiation in the 1970s, the modern microfinance movement quickly became the most popular and best-funded development intervention worldwide, promising to reduce poverty and underdevelopment on a scale unprecedented in human history. However, since the mid-2000s, microfinance’s lustre has been tarnished due to a number of high-profile crises, and mounting evidence that it does not actually reduce poverty, facilitate development or promote empowerment. In this context, proponents of microfinance have sought to downplay the initial claims of miraculous poverty reduction, and redirect the movement towards the goal of promoting ‘financial inclusion’ as a beneficial end in and of itself. This symposium seeks to critically interrogate the concept of ‘financial inclusion’ as a new metric of success for the global microfinance movement, with a particular focus on what this inclusion means for people, economies and processes of (under)development at the local level.

 

Programme
 

10:00 Registration

10:15 Introduction (Nicholas Loubere)

10:30 Panel 1: Emerging Forms of Digital Inclusion

  • Intermediation, Cash Economies, and Technological Change in Myanmar and India, Elisa Oreglia (SOAS)
  • China's Internet Finance Boom and Tyrannies of Inclusion, Nicholas Loubere (Lund University)

12:00 Lunch

13:00 Panel 2: Microcredit, Financialisation, and (Under)Development

  • Cambodia's Ill-Fated Experiment with Microcredit: Destroying an Economy and Society from the Bottom Up, Milford Bateman (Juraj Dobrila University of Pula, Croatia)
  • Financial Inclusion and the State in India: From Colonial Credit to Digital Demonetisation, Philip Mader (IDS, Sussex)

14:30 Final remarks and closing

 

Please register here for participation

 

 

Time: 
26/10/2017 - 10:00 to 15:00
Location: 
Centre for East and South-East Asian Studies, Room 005, Sölvegatan 18B, Lund

About the event

Time: 
26/10/2017 - 10:00 to 15:00
Location: 
Centre for East and South-East Asian Studies, Room 005, Sölvegatan 18B, Lund

Centre for East and South-East Asian Studies
Lund University
Sölvegatan 18B, 223 62 Lund
Sweden

Phone: +46 46 222 38 61
E-mail: info [at] ace.lu.se