Articles by Elisabeth Rhyne
From a mathematical point of view, borrowing and saving are mirror images. In both cases many small payments allow for one or more large payouts. Only the sequence differs. But after traveling to India and Kenya as part of a research project, we were struck by vast differences in the way people make borrowing and savings decisions - and these have profound implications for financial service providers.
Rating Progress Toward Financial Inclusion on a Scale of 1 to 10: New FI2020 report shows both progress and challenges on the road to global financial inclusion
When the Center for Financial Inclusion began the FI2020 project in 2011, it hoped to create a sense of both urgency and possibility about enabling global access to quality financial services. Today it launched the Financial Inclusion 2020 Progress Report, an interactive website that shows how far the world has come - and how far it has to go - on the path to global financial inclusion.
Behind the Scenes at Financial Inclusion 2020: Elisabeth Rhyne outlines the next steps in the movement to achieve global financial access
The Financial Inclusion 2020 Global Forum brought together hundreds of leaders to dedicate themselves to quality financial access for all by 2020. Since October, the Center for Financial Inclusion has been following up on the insights generated at the summit, and laying the groundwork for the next big push. Elisabeth Rhyne discusses the movement’s progress and next steps.
Winners and Losers on the Road to Financial Inclusion: FI2020 Roadmaps help navigate the ongoing transformation in financial services
There is a transformation going on in financial services, fueled by rising incomes and IT breakthroughs. Now is a time of experimentation with new products, providers and delivery systems that reach previously excluded clients. Elisabeth Rhyne, Managing Director at the Center for Financial Inclusion discusses the FI2020 Roadmaps, with recommendations on navigating this new environment.
What’s Wrong with ‘Banking the Unbanked’?: Measuring active bank accounts is a better metric for financial inclusion
While the possession of a bank account may be a step toward financial inclusion, it should not be confused with genuine inclusion. A bank account puts people on a path toward financial inclusion, we cannot be at all certain that they are proceeding down the path.