Financial Development and Financial Inclusion (FDFI)

Source details

Target Audience:
- Mid-level to senior officials from central banks and government agencies dealing with regulation of the financial sector.
- Preference given to applicants working on issues directly related to financial development and inclusion.
Qualifications:
- Expected to have a basic knowledge of economics or finance, or equivalent work experience.
- Knowledge of econometrics is helpful but not required.
- Strong recommendation that applicants have completed the online Financial Developmentand Financial Inclusion (FDFIx) course.

Presented by the Institute for Capacity Development.
Explains the macroeconomic relevance of financial development and inclusion.
Begins with an analysis that defines the role of finance in the economy.
Presents a framework for financial market development, identifying the main players and instruments.
Highlights obstacles that could impede the development of financial markets and policies that encourage market development.
Introduces financial inclusion as an integral dimension of financial development.
Reviews indicators currently used to measure financial inclusion, its macroeconomic impact, and main policy strategies to encourage inclusion.
Uses extensive case studies, groupwork and workshops to provide practical experience useful for participants’ jobs.

Upon completion of this course, participants should be able to:

Identify the main players and instruments needed for financial market development.
Measure the degree of financial development and inclusion for a country or countries using a wide range of standard indicators.
Use a simple analytical model to predict the likely outcomes of different policies on financial inclusion.
Assess policy options and strategies for financial development and inclusion from a macroeconomic perspective by identifying potential tradeoffs and possible impediments.
Formulate a strategy for policies to support financial development in a country, taking into account initial conditions and links between the financial sector and the macroeconomy.