Financial Exclusion

1. Front Matter

   Pages i-xvi

   PDF

2. Introduction

   • Santiago Carbó, Edward P. M. Gardener, Philip Molyneux

   Pages 1-3

3. Nature, Consequences and Policy Reactions: An Overview

   • Santiago Carbó, Edward P. M. Gardener, Philip Molyneux

   Pages 4-13

4. Financial Exclusion in the UK

   • Santiago Carbó, Edward P. M. Gardener, Philip Molyneux

   Pages 14-44

5. Tackling Financial Exclusion in the UK

   • Santiago Carbó, Edward P. M. Gardener, Philip Molyneux

   Pages 45-81

6. Financial Exclusion in the US

   • Santiago Carbó, Edward P. M. Gardener, Philip Molyneux

   Pages 82-97

7. Financial Exclusion in Europe

   • Santiago Carbó, Edward P. M. Gardener, Philip Molyneux

   Pages 98-111

8. European Policy on Financial Exclusion and Bank Strategies

   • Santiago Carbó, Edward P. M. Gardener, Philip Molyneux

   Pages 112-144

9. Financial Exclusion in Developing Countries

   • Santiago Carbó, Edward P. M. Gardener, Philip Molyneux

   Pages 145-168

10. Financial Exclusion – Areas for Further Study

    • Santiago Carbó, Edward P. M. Gardener, Philip Molyneux

    Pages 169-170

11. Back Matter

    Pages 171-184

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This text is concerned with the increasingly important and problematic area of financial exclusion, broadly defined as the inability and/or reluctance of particular societal groups to access mainstream financial services. This has emerged as a major international policy issue. There is growing evidence that deregulation in developed financial sectors improves financial inclusion for some societal groups (more products become available to a bigger customer base), but may at the same time exacerbate it for others (for example, by emphasizing greater customer segmentation and more emphasis on risk-based pricing and 'value added'). In developing countries access to financial services is typically limited and therefore providing wider access to such services can aid financial and economic development. This is the first text to analyze financial exclusion issues in different parts of the world and it covers the various public and private sector mechanisms that have been advanced to help eradicate this problem.

• bank
• banking
• deregulation
• development
• economic development
• economic theory
• finance
• Germany
• growth
• information
• Italy
• microfinance
• network
• regulation
• service

Author Philip Molyneux: Professor Philip Molyneux is Dean of the College of Business, Law, Education and Social Science, and Professor of Banking and Finance at Bangor University, UK. His mian area of research is on structure and efficiency of banking markets and he has published widely in this area. He has also published a variety of texts on banking areas and acted as a consultant to: New York Federal Reserve Bank, the World Bank, the European Commission, the UK Treasury, Citibank Private Bank, Barclays Wealth, McKinsey & co, Credit Suisse and various other international banks and consulting firms.

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