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Cash and Crises
Mexico: Cashless Payments with Financial Exclusion
Manuel A. Bautista-González
May 03, 2021
In Mexico, cashless payments' advocates have seized on the Covid-19 pandemic to nudge consumers away from cash. But they conveniently forget the exceptional levels of financial exclusion in the country.
Solidarity is the New Currency
March 18, 2020
As the coronavirus pandemic, spreads, it is fundamentally changing our hierarchy of values. Our perception of the future of money is now facing a new paradigm.
Financial Inclusion Programmes are not Changing the World
January 21, 2020
Financial inclusion programmes play an increasingly important part in international development but two researchers find that the effects on economic poverty are small and inconsistent.
New Cash Law sparks panic in Israel
February 07, 2019
A new law came into force in Israel which greatly discriminates against the Arab-Israeli population which is generally unbanked and who has a greater preference for cash. But that's not all, the law also causes other problems, as the Bedouin tax evader story shows.
Back to cash
May 17, 2018
US burger joint Shake Shack will resume its cash-acceptance policy after a failed attempt to go cashfree.
Is "social inclusion" truly the main driver for cashless?
November 29, 2017
Rwanda is pushing for a cashless society on the grounds that it contributes to financial inclusion. But with a country that is predominantly cash-based - and with everyone having access to hard currency - what more is there to include?
Why a ‘cashless’ society would hurt the poor: A lesson from India
June 29, 2017
A sociologist analyses the importance of cash for low-income labourers in India. The research shows how cash contributes to structure community life by creating durable social bonds that function like contracts.
Five myths on financial inclusion
December 19, 2016
Worldwide, over two billion people are unbanked. In Europe, 139 million people are financially excluded and rely on cash for their daily purchases.
Even in the promised land of digital money, cash stays king
April 29, 2016
Cash use in Africa is increasing and is contributing to economic growth. The universality of cash makes it accessible and easy-to-use by all.