Define and summarize what financial inclusion entails

Policy Brief 3
Econ 361
Format: Please typewrite your policy brief and save it either using Word or PDF format. The
policy brief should be between one and two pages (NO SUBMISSIONS OVER TWO PAGES
WILL BE GRADED). Please remember to cite appropriately any additional source you use.
Remember to submit to Canvas before 2:30 pm on the due date.
Please read the following pieces on “financial inclusion”:
https://www.worldbank.org/en/topic/financialinclusion/overview
https://blogs.worldbank.org/allaboutfinance/whatdoweknowaboutlinkbetweenfinancial
inclusionandinclusivegrowth
https://www.vox.com/futureperfect/2019/1/15/18182167/microcreditmicrofinancepoverty
grameenbankyunus
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