Financial Development and Financial Inclusion (FDFIx)
Source details
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- Financial Development and Financial Inclusion (FDFIx)
Other formats
Bibliographic details
- Published: July 24, 2025
Upcoming offerings
| Start date | End date | Location | Delivery Method | Session No. | Primary & (Interpretation) language | Apply |
|---|---|---|---|---|---|---|
| May 1, 2026 | April 15, 2027 | Course conducted online | [Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | OL 26.134 | English | [Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.134E) by April 1, 2027 |
| May 1, 2026 | April 15, 2027 | Course conducted online | [Online Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods) | OL 26.139 | French | [Apply online](https://www-ins.imf.org/TAS/signon.aspx?pkey=OL26.134E) by April 1, 2027 |
Overview
- The Training Program Course outlines the macroeconomic relevance of financial development and financial inclusion.
- Begins with defining the role of finance in the economy and presents main measures of financial development.
- Presents an analytical framework that identifies the main players and instruments, highlights frictions or obstacles that could impede financial development, and discusses policies that encourage it.
- Introduces financial inclusion as an integral dimension of financial development, reviews indicators used to measure financial inclusion, examines the distinct macroeconomic impact of financial inclusion, and outlines main policy strategies pursued.
- Topic: Financial Sector Issues.
Target audience and qualifications
- Target audience: Mid-level to senior officials from central banks and government agencies dealing with regulation of the financial sector.
- Qualifications: Participants are expected to have a basic knowledge of economics or finance. Knowledge of econometrics is helpful but not required.
Course objectives
- Measure the degree of financial development and inclusion using a wide range of indicators and use benchmarking to compare a country to its peers.
- Identify strategies and policies to support the development of financial intermediaries and capital markets in a country, considering initial conditions and links between the financial sector and the macroeconomy.
- Understand the unique challenges that SMEs and households face accessing finance; describe how financial intermediaries can better tailor their products to the needs of the SMEs.
- Evaluate the benefits and costs of different financial inclusion policies and identify strategies to promote financial inclusion for households and micro-enterprises.
- Understand various uses of technology in the financial sector (Fintech) and how they could be used to improve the efficiency and inclusiveness of financial services without generating financial instability.
Core topics and themes
- Role of finance in the economy and measures of financial development.
- Analytical framework: main players, instruments, frictions, and enabling policies.
- Financial inclusion metrics and indicators.
- Macroeconomic impacts of financial inclusion.
- Policies and strategies for financial market development, including banks, capital markets, SMEs, households, and FinTech.
Delivery and materials
- Upcoming offering referenced.
- Videos: FDFIx Promotional Video — a free online course discussing frameworks and policies for financial market development and financial inclusion; examines FDFI in the context of banks and capital markets, small and medium-sized enterprises (SMEs), households, and the fast-changing FinTech sector.