Fr. 130.00

Risk and the Rupee in Pakistan''s New Economy - Financial Inclusion and Monetary Change in a Frontier Market

English · Hardback

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Description

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Explores how economic liberalisation impacts the everyday economic life of ordinary people and why it undermines the development agenda.

List of contents










List of figures; Acknowledgements; Introduction; 1. The changing nature of money in a changing international monetary system; 2. Money at the frontier; 3. The transformation of monetary governance in Pakistan; 4. Exploring monetary change amongst households; 5. Fieldwork findings; 6. Unstable money and risk mitigation in the new economy; 7. Money in theory and money in Pakistan; 8. Conclusion: central bank challenges - financial inclusion with frontier money; Appendix; References; Index.

About the author

Antonia C. Settle teaches at La Trobe University, Melbourne. She is also currently researching on corporate accountability in developing countries at Melbourne University. Prior to holding this position, she worked as a Research Associate at the Sustainable Development Policy Institute in Islamabad, Pakistan.

Summary

The book challenges the development sector's embrace of financial inclusion as social and economic policy solution to new instabilities associated with the deregulation of money and prices in developing economies. Economic globalisation generates new risks for ordinary people that undermine the development agenda by unwinding financial inclusion.

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