Financial Development and Financial Inclusion

Source details

Session No.: AT 26.24
Location: Ebene, Mauritius
Date: November 16, 2026 - December 11, 2026 (4 weeks)
Delivery Method: Blended Training
Primary Language: English
Interpretation Language: French Portuguese
Target Audience:
- Mid-level to senior officials from central banks and government agencies dealing with financial sector issues.
- Preference is given to applicants working on the promotion of financial development and inclusion.
Qualifications:
- Basic knowledge of economics or finance, or equivalent work experience.
- Knowledge of econometrics is helpful but not required.

The course explains the macroeconomic relevance of financial development and inclusion, beginning with an analysis that defines the role of finance in the economy.
Presents the main measures of financial development and an analytical framework, highlighting frictions or obstacles that could impede financial development as well as policies that encourage it.
Introduces financial inclusion as an integral dimension of financial development and reviews:
- Measures of financial inclusion.
- Macroeconomic impact of financial inclusion.
- Main policy strategies usually pursued to increase inclusion.
Instructional methods:
- Case studies.
- Group work.
- Workshops to ensure practical experience applying course concepts and tools.

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

Identify the main functions that finance plays in the macroeconomy.
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 and how it ultimately affects the macroeconomy.
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.