Impact of Financial Inclusion in Low and Middle Income Countries: Evidence and Takeaways from a Systemic Review of Reviews

The Essex Accounting Centre (EAC) warmly invite you to join this research seminar with guest speaker Dr Philip Mader from University of Sussex.

  • Wed 17 Feb 21

    14:00 - 16:00

  • Online

    Join this Seminar

  • Event speaker

    Dr Philip Mader, Research Fellow, Institute of Development Studies, University of Sussex

  • Event type

    Lectures, talks and seminars
    Essex Accounting Centre (EAC) Research Seminar Series

  • Event organiser

    Essex Business School

  • Contact details

    Dr Danson Kimani

The aim of the Essex Accounting Centre (EAC) research seminar series is to support our world class research activities in four key areas: social responsibility and corporate governance; (management) accounting change (in privatised, public and third sectors); global development, corruption and accountability; and reporting, regulation and capital markets. The seminar series is also expected to promote interdisciplinary research that links the work of its members of the centre with others both within the university and with external institutions.

Seminar abstract

The financial inclusion of low income people is promoted by development institutions, governments and private sector actors as a driver of poverty alleviation, welfare enhancement, macroeconomic transformation and various other positive effects.

But what do we really know about the impacts of the extension of financial services?

This presentation will deliver and contextualise the findings of a first-of-its-kind study in international development, a systematic Review of Reviews (RoRs) of the impacts of financial inclusion in low and middle income countries.

By reviewing the meta-level evidence using theory-informed framework, and disaggregating its economic, social, gender and behavioural outcomes, it is revealed that the impacts of financial inclusion are more likely to be a positive than negative but also that these effects are highly variable and appear not to be transformative in scope of scale, as they largely occur in the early stages of the casual chain.

The most clearly positive effects come from saving services, which are relatively under-promoted.

The presentation will clarify the implications for the contested research and politics of financial inclusion.


This seminar is free to attend with no need to register in advance. We warmly welcome you to share with with friends, colleagues and classmates.

Join this seminar

Speaker bio

Dr Philip Mader is a research fellow in the Business, Markets and the State cluster at the Institute of Development Studies (IDS), University of Sussex.

His publications include the Routledge International Handbook of Financialization (2020) and The Political Economy of Microfinance: Financializing Poverty (2015).

His area of expertise include;

  • political economy
  • financialization
  • financial inclusion
  • youth employment
  • impact evaluation

He has experience working in South Asia and Sub-Saharan Africa.