Training Program Course
Financial Development and Financial Inclusion (FDFIx)
This course outlines the macroeconomic relevance of financial development and financial inclusion. Beginning with an analysis that defines the role of finance in the economy, the course presents the main measures of financial development and an analytical framework, identifying the main players and instruments, as well as highlighting the frictions or obstacles that could impede financial development as well as policies that encourage it. The course introduces financial inclusion as an integral dimension of financial development and reviews the indicators currently used to measure financial inclusion, the distinct macroeconomic impact of financial inclusion, and the main policy strategies that have been pursued.
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.
