MasterCard Launches Center to Drive Inclusive Growth Around the World
Tuesday, November 5, 2013
On November 04, 2013, MasterCard announced the launch of the MasterCard Center for Inclusive Growth. The Center will conduct and support academic research and provide strategic philanthropic investments that further sustainable and equitable economic growth and financial inclusion around the world.
More than a billion people live in extreme poverty, and 2.5 billion adults lack access to formal financial services. While progress is being made, inclusive growth can be the difference, especially for emerging markets, between a volatile economy and one that’s sustainable and sensible in its growth over time.