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From tackling poverty to achieving financial inclusion—The changing role of British credit unions in low income communities
- Source :
-
Journal of Socio-Economics . Dec2008, Vol. 37 Issue 6, p2141-2154. 14p. - Publication Year :
- 2008
-
Abstract
- Abstract: This paper offers an analysis of the changing role of co-operative credit unions in tackling poverty and promoting financial inclusion in Britain. It examines the reality of poverty in low income communities and endeavours to critique the actions, methodologies and initiatives currently being adopted by credit unions to achieve financial inclusion. It examines the role of the UK government in its support for credit unions and offers an early analysis of HM Treasury''s Financial Inclusion Fund. The paper argues that credit unions are best placed within the financial services industry to make an impact within financially excluded communities. [Copyright &y& Elsevier]
- Subjects :
- *CREDIT unions
*POOR people
*POVERTY
Subjects
Details
- Language :
- English
- ISSN :
- 10535357
- Volume :
- 37
- Issue :
- 6
- Database :
- Academic Search Index
- Journal :
- Journal of Socio-Economics
- Publication Type :
- Academic Journal
- Accession number :
- 34744408
- Full Text :
- https://doi.org/10.1016/j.socec.2007.12.001