Financial Development and Financial Inclusion (FDFI) 2400-ENSM116A
In the first semester of the seminar, students will be asked to state the topic of the thesis, they will get to know the technique of working skills, they will do their own research, read the recommended literature and the one selected by themselves with the consultation of the instructor, they will present the topic of the thesis together with the preliminarily formulated questions concerning the research, they will decide on research methods essential in finding solutions to particular problems.
Master seminar thesis topics of interest for the seminar include, but are not limited to:
The Relationship Between Financial Development and Economic Growth: Revisiting the Supply-Leading vs. Demand-Following Hypotheses.
Financial Deepening vs. Financial Inclusion: Are they mutually reinforcing or divergent policy goals?
Does Financial Development Reduce Income Inequality? A Critical Review of the Literature.
The Role of Fintech in Expanding Financial Services to the Unbanked.
Cryptocurrencies and Financial Inclusion: Opportunities and Risks.
Blockchain for Inclusive Finance: Hype or Hope?
Digital Identity and KYC Innovations for Reaching the 'Last Mile'.
Type of course
Course coordinators
Learning outcomes
On successful completion of these, students should be able to:
Identify the main players and instruments needed for financial market development.
Measure the degree of financial development and inclusion for a country or countries using a wide range of standard indicators.
Use a simple analytical model to predict the likely outcomes of different policies on financial inclusion.
Assess policy options and strategies for financial development and inclusion from a macroeconomic perspective by identifying potential tradeoffs and possible impediments.
Formulate a strategy for policies to support financial development in a country, taking into account initial conditions and links between the financial sector and the macroeconomy.
Assessment criteria
Master's thesis and presentation of work in progress
Additional information
Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system: