Lessons of capital account management from emerging economies for African low income countries

Wednesday, 13th March 2019, 13:00-15:00
S314, SOAS University of London (Paul Webley Wing)
Speaker: Professor Stephany Griffith-Jones, Financial Markets Director, Initiative for Policy Dialogue, Columbia University (part-time); Emeritus Fellow, Institute of Development Studies at the University of Sussex; and Research Associate at Overseas Development Institute (ODI), London.
Chair: Victor Murinde, AXA Professor in Global Finance, SOAS University of London

Conference: Financial Inclusion and Fintech

25 - 26 March 2019
SOAS University of London

Financial inclusion has emerged as a major policy agenda in many developing and developed countries with the aim to increase access to formal financial services. In particular, households with lower incomes and small and medium-sized enterprises (SMEs) experience financial exclusion. This results in underinvestment in human capital, health and capital stock, diminishing economic growth.

Financial technology (Fintech) promises to enhance financial inclusion offering technological solutions that reduce information asymmetry (e.g. rating systems), transaction costs, and the need for intermediation (e.g. peer-to-peer lending platforms). Will these innovations eliminate financial constraints? Is there a future without banks? Can new technologies promote sustainable investment?

The conference and special issue will discuss these and related questions encouraging empirical and theoretical contributions to the literature on these subjects.