Improving financial inclusion: towards a critical financial education framework
Empirical research suggests that financial inclusion initiatives – such as facilitating access to financial resources or providing microcredit – are alone not enough to lower socioeconomic disparities. In this article, we adopt a critical stance as a guide for our empirical investigation. Our aim is...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Fundação Getulio Vargas, Escola de Administração de Empresas de São Paulo
2016-05-01
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| Series: | RAE: Revista de Administração de Empresas |
| Subjects: | |
| Online Access: | https://bibliotecadigital.fgv.br/ojs/index.php/rae/article/view/62015 |
| _version_ | 1797719782963806208 |
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| author | Renê Birochi Marlei Pozzebon |
| author_facet | Renê Birochi Marlei Pozzebon |
| author_sort | Renê Birochi |
| collection | DOAJ |
| description | Empirical research suggests that financial inclusion initiatives – such as facilitating access to financial resources or providing microcredit – are alone not enough to lower socioeconomic disparities. In this article, we adopt a critical stance as a guide for our empirical investigation. Our aim is to propose a financial education framework, tailored to low-income micro-entrepreneurs, that embraces new information and communication technologies (ICTs) and seeks to improve financial inclusion and social emancipation. This empirical study was conducted in an Amazonian municipality in Brazil where recent access to ICTs has brought about important and varied socioeconomic changes. Results show that ICT-supported and tailored critical financial education can play a dual role: on the one hand, access to financial education might decrease the effects of generative mechanisms on global/local tensions, triggered by standardized ICT applications; on the other hand, such access might increase financial inclusion and social transformation through the integration of guiding principles into financial education programs. |
| first_indexed | 2024-03-12T09:10:47Z |
| format | Article |
| id | doaj.art-5b84ae9b51d841e0b922c15196f315e1 |
| institution | Directory Open Access Journal |
| issn | 0034-7590 2178-938X |
| language | English |
| last_indexed | 2024-03-12T09:10:47Z |
| publishDate | 2016-05-01 |
| publisher | Fundação Getulio Vargas, Escola de Administração de Empresas de São Paulo |
| record_format | Article |
| series | RAE: Revista de Administração de Empresas |
| spelling | doaj.art-5b84ae9b51d841e0b922c15196f315e12023-09-02T15:01:49ZengFundação Getulio Vargas, Escola de Administração de Empresas de São PauloRAE: Revista de Administração de Empresas0034-75902178-938X2016-05-01563Improving financial inclusion: towards a critical financial education frameworkRenê BirochiMarlei PozzebonEmpirical research suggests that financial inclusion initiatives – such as facilitating access to financial resources or providing microcredit – are alone not enough to lower socioeconomic disparities. In this article, we adopt a critical stance as a guide for our empirical investigation. Our aim is to propose a financial education framework, tailored to low-income micro-entrepreneurs, that embraces new information and communication technologies (ICTs) and seeks to improve financial inclusion and social emancipation. This empirical study was conducted in an Amazonian municipality in Brazil where recent access to ICTs has brought about important and varied socioeconomic changes. Results show that ICT-supported and tailored critical financial education can play a dual role: on the one hand, access to financial education might decrease the effects of generative mechanisms on global/local tensions, triggered by standardized ICT applications; on the other hand, such access might increase financial inclusion and social transformation through the integration of guiding principles into financial education programs.https://bibliotecadigital.fgv.br/ojs/index.php/rae/article/view/62015Financial educationfinancial inclusionInformation and Communication Technology for Developmentsocial emancipationempowerment |
| spellingShingle | Renê Birochi Marlei Pozzebon Improving financial inclusion: towards a critical financial education framework RAE: Revista de Administração de Empresas Financial education financial inclusion Information and Communication Technology for Development social emancipation empowerment |
| title | Improving financial inclusion: towards a critical financial education framework |
| title_full | Improving financial inclusion: towards a critical financial education framework |
| title_fullStr | Improving financial inclusion: towards a critical financial education framework |
| title_full_unstemmed | Improving financial inclusion: towards a critical financial education framework |
| title_short | Improving financial inclusion: towards a critical financial education framework |
| title_sort | improving financial inclusion towards a critical financial education framework |
| topic | Financial education financial inclusion Information and Communication Technology for Development social emancipation empowerment |
| url | https://bibliotecadigital.fgv.br/ojs/index.php/rae/article/view/62015 |
| work_keys_str_mv | AT renebirochi improvingfinancialinclusiontowardsacriticalfinancialeducationframework AT marleipozzebon improvingfinancialinclusiontowardsacriticalfinancialeducationframework |