Beyond Banking the Unbanked: The Effects of India’s Demonetization on Financial Inclusion and Consumption Smoothing

By Aakanksha Vora Banking serves as a gateway into the formal financial system, which can decrease inequality of outcomes and opportunity for the 1.7 billion unbanked adults globally. Building a financially included economy, by banking the unbanked, can alleviate poverty and reduce wealth disparities. However, there are several barriers to access, and ownership of a Read More