There are over two billion adults worldwide who do not have access to formal financial services. To address this, many governments have committed to improving financial inclusion. Yet commitments alone, and the policies that result, do not tell the full story.
Launched in summer 2014, the Brookings Financial and Digital Inclusion Project (FDIP) aims to identify the degree to which financial inclusion efforts are working, and why.
FDIP is an initiative of the Center for Technology Innovation at Brookings and is currently focused on evaluating financial inclusion efforts in 26 countries: Afghanistan, Bangladesh, Brazil, Chile, Colombia, the Dominican Republic, Egypt, El Salvador, Ethiopia, Haiti, India, Indonesia, Kenya, Malawi, Mexico, Nigeria, Pakistan, Peru, the Philippines, Rwanda, South Africa, Tanzania, Turkey, Uganda, Vietnam, and Zambia.
The project seeks to provide policymakers, the private sector, non-governmental organizations, and the general public with information that can help improve financial inclusion in these countries and around the world.
The second annual FDIP report, published in August 2016, builds upon the findings of the 2015 FDIP Report by expanding the country sample to include five new countries, enhancing the FDIP scorecard indicators, and focusing on issues facing women, refugees, and under-resourced migrants.
For more information, please contact the FDIP team at FDIPComments@brookings.edu.