Building resilience through financial inclusion: A review of existing evidence and knowledge gaps

dc.creatorMoore, Danielle
dc.creatorNiazi, Zahra
dc.creatorRouse, Rebecca
dc.creatorKramer, Berber
dc.date2019-02-19
dc.date2024-06-21T09:07:21Z
dc.date2024-06-21T09:07:21Z
dc.date.accessioned2026-06-27T15:43:58Z
dc.descriptionLow-income households around the world are particularly vulnerable to shocks, but also the least prepared when a shock hits. The effects of climate change, including floods, droughts, and other weather-related disasters, are adding another layer of risk for already vulnerable households. In this context, it is increasingly important that poor households build resilience—that they strengthen their ability to mitigate, cope, and recover from shocks and stresses without compromising their future welfare. Evidence suggests well-designed financial products and services can play a role in increasing low-income families’ resilience by helping them be prepared for risk, reduce risk, increase investment in the face of risk, and respond when a shock occurs. Yet the role that financial products and services can play in increasing resilience, as well as the most effective design and delivery mechanisms toward that end, is not fully understood. This paper reviews the evidence on financial inclusion and resilience to inform policymakers on effective strategies and makes the call for more research on this timely and relevant topic.
dc.identifierhttps://hdl.handle.net/10568/146519
dc.identifier.urihttp://hdl.handle.net/123456789/113067
dc.languageen
dc.publisherInnovations for Poverty Action
dc.relationhttps://doi.org/10.2499/p15738coll2.134958
dc.rightsOpen Access
dc.sourceMoore, Danielle; Niazi, Zahra; Rouse, Rebecca; and Kramer, Berber. 2019. Building resilience through financial inclusion: A review of existing evidence and knowledge gaps. Innovations for Poverty Action. https://www.poverty-action.org/publication/building-resilience-through-financial-inclusion-review-existing-evidence-and-knowledge
dc.subjectinsurance
dc.subjectrisk reduction
dc.subjectlow income groups
dc.subjectbehavioural sciences
dc.subjectrural finance
dc.subjectinvestment
dc.subjectinnovation adoption
dc.subjectfood security
dc.subjectcash transfers
dc.subjectrisk
dc.subjectpoverty
dc.subjectsavings
dc.subjectresilience
dc.titleBuilding resilience through financial inclusion: A review of existing evidence and knowledge gaps
dc.typeBrief

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