Publications
Published on February 9, 2017

Kay shares why it’s possible to have ‘too much of a good thing.’

Download  
Summary

During his delivery of the 3rd FSD Kenya annual lecture on financial inclusion, John Kay argued that the challenge for emerging economies is to avoid the mistakes of the west and to instead focus on building a financial sector that is focussed on the core needs of the non-financial economy. He also warned against the dangers of highly detailed, overly prescriptive regulation and called for a rebuilding of trust in the provision of financial services. 

Download the lecture brief to review a short the main arguments of his presentation and click here for more on Kay’s week-long visit. 

You might also like

The increasingly crowded savannah

The 2016 FinAccess household survey

The impact of financial services associations

The search for inclusion in Kenya’s financial landscape: Annex 2 – Demand-side survey

The 2019 FinAccess household survey

Do central banks have a role in financial inclusion?