Netherlands, Groningen

Financial Inclusion and Sustainable Growth

when 6 July 2019 - 13 July 2019
language English
duration 1 week
fee EUR 840

Over the past years, many low-income countries have undergone extensive financial reforms. Despite these reforms, many households and enterprises, especially in Africa, are still unable to participate in the financial sector. While it is well known that financial institutions and markets can help induce economic growth, it is much less clear how financial development can become inclusive and kick start a process of sustainable economic growth with a positive effect on the poor.

This summer school will discuss the major developments regarding research on financial inclusion, including microfinance. It will shed much light on how financial inclusion can induce sustainable growth in
low-income economies, with explicit attention to African countries.

This one-week summer school will contain interactive lectures by the organisers from the University of Groningen (Netherlands), Université Laval(Canada), and Stellenbosch University (South Africa), as well as some guest speakers. Ample attention will be given to group discussions. This year's edition will be hosted by Stellenbosch University in Cape Town, South Africa.
This summer school will discuss the major developments regarding research on financial inclusion, including microfinance. It will shed much light on how financial inclusion can induce sustainable growth in
low-income economies, with explicit attention to African countries.

Course leader

Robert Lensink
Professor of Finance and Financial Markets
Faculty of Economics and Business, University of Groningen
Professor of Finance and Development
Development Economics Group, Wageningen University

Target group

This summer school is designed for Research master students, MPhil students and MBA students.

It is expected that the participants have a sufficient command of the English language to actively participate in the discussions and to present their own work in English.

Course aim

The summer school consists of the following parts:

- Impact of Financial Inclusion Interventions: Methods and Applications
The objective of this part of the course is to provide students with better knowledge about the theory and practice of impact analyses in developing countries. Special attention will be given to the impact of microfinance projects.

- Financial inclusion: financial innovation and cross border banking
The objective of this part of the course is to introduce the participants with two key contributors to financial inclusion: financial innovation and cross border banking.

- Financial Products for Financial Inclusion
This part of the course provides students with knowledge on the demand side of financial inclusion by discussing innovations in designing inclusive financial products from the customer’s perspective. The emphasis on demand side issues-customer centricity in financial inclusion- provides a framework for assessing and designing inclusive financial products in developing countries.

Credits info

A certificate of attendance will be awarded.

Fee info

EUR 840: for students from University Groningen, Université Laval and University of Stellenbosch
EUR 960: for all other students excluding accommodation