Managing the Twin Responsibilities of Financial Inclusion and Financial Stability
In these times of financial, economic and social crisis, policymakers have recognized the powerful links between macroeconomic stability, financial stability and financial inclusion in achieving balanced and inclusive economic growth. As economies recover from the global recession, the need to harmonize financial inclusion and financial stability objectives has become even more pronounced. The concept of financial stability is gaining traction in the macroeconomic frameworks and policies of both developing and developed countries, and leaders and policymakers are making public, high-profile commitments to financial inclusion through initiatives such as AFI’s Maya Declaration.
This AFI Viewpoint reflects on country experiences and trends in this area at both global and national levels, with the aim of presenting a range of approaches and perspectives.