Making Financial Inclusion a Reality for the Unbanked

Making Financial Inclusion a Reality for the Unbanked

photo: Department of Foreign Affairs and Trade Financial inclusion and the fight against poverty  Ravallion (2015) illustrates how mainstream thinking on poverty has changed over the last 200 years: from considering poverty as inevitable or even necessary for economic advancement, to viewing it as a social ill that can be avoided through public action. In fact, […]

Greece Can Devalue AND Stay in the Euro

Fiscal and external adjustment without a deep recession is possible in Greece, if we are willing to think outside of the box. Adjustment is not necessarily only a fiscal issue in a currency union for an individual member country: the solution can be monetary as well. Indeed, Greece and other European countries find themselves dealing […]