Are you interested in pursuing a career in public service working on financial issues (i.e., with a regulator, policymaker, or think tank), or headed to a corporate job in financial services (i.e., with a fintech, a law firm, or a financial...
“The role of the central bank is undoubtedly evolving….The time is ripe for innovations that will advance financial inclusion” So concludes the final research paper of the two-year Central Bank of the Future research project, conducted by the Ford...
On February 15, the Center on Finance, Law & Policy hosted “Fintech in the African Context” as
part of the University of Michigan’s Africa Week. Panelists discussed regulatory frameworks, barriers
to scale, and business models that respond to the...
Promoting financial inclusion is a stated political goal in many countries, including among central banks. Central banks address financial inclusion in a variety of ways – through programming, international alliances, and as part of their formal...
As part of the "Central Bank of the Future" research project undertaken by Primary Investigators Michael S. Barr and Adrienne Harris of the Gerald R. Ford School of Public Policy between December 2018 and May 2021, the Center on Finance, Law &...
Throughout his career in academia and in government, Ford School Dean Michael S. Barr has sought ways to help low-income people get better access to the financial system, and to change the financial system to work better for low-income...
Note: As part of the Central Bank of the Future research project, we asked a few people to help us think big in reimagining the Central Bank of 2070. What underlying assumptions would have to change to foster economic inclusion? This post is the...
The Center on Finance, Law & Policy is pleased to welcome Fulbright Fellow Mandira Sarma as a Fulbright Visiting Professor for a six month term beginning January 2020.
Dr. Sarma is Associate Professor at Centre for International Trade and...
Center on Finance, Law & Policy Gates Foundation Senior Research Fellow and Ford School of Public Policy professor Adrienne A. Harris will speak at the first-ever Ross FinTech Challenge. This event is scheduled for 8:45-11 a.m. in Robertson...
The Center on Finance, Law & Policy and the University of Michigan's FinTech Initiative at the Ross School of Business are hosting “The Future of Fintech” conference to consider new business, policy, and regulatory questions raised by recent technological developments.
Professor Terri Friedline's book, Banking on a Revolution, makes a compelling case for a revolutionized financial system that centers the needs, experiences, and perspectives of those it has historically excluded, marginalized, and exploited.
The University of Michigan's Center on Finance, Law & Policy and the Federal Reserve Bank of San Francisco are co-hosting the second “Central Bank of the Future” Conference on Monday-Wednesday November 16 – 18, 2020, and we hope that you can join us from 12-4 EST.
Traditionally, central banks have served three policy functions – monetary policy, payments systems oversight, and financial institution supervision. This conference will convene international experts and practitioners to examine how these core functions contribute to financial inclusion, poverty alleviation, and a more inclusive economy – and what could be improved.The conference contributes to a research initiative undertaken by the University of Michigan’s Center on Finance, Law & Policy, in partnership with the Bill & Melinda Gates Foundation to consider how the role of a central bank could evolve in the future and enable central banks to make greater contributions toward financial inclusion. Ultimately, the research intends to identify technologies, processes, or tools that could benefit a central bank in supporting public policy objectives related to inclusion, and consider whether other sectors, including philanthropy, might have a role to play in supporting the development of those tools. Registration to the event is free. Speakers and attendees will include individuals from standards-setting bodies, central banks and other financial regulators, and policymakers, as well as futurists and technologists, and other financial ecosystem stakeholders.For more information visit http://financelawpolicy.umich.edu.
“Financial inclusion in India is soaring,” reads a 2019 headline from the World Economic Forum. The article is rife with promising statistics. In just seven years, the number of Indian citizens holding a bank account increased from forty to eighty...
On March 31, 2021, the University of Michigan Center on Finance, Law & Policy convened a roundtable of central bankers, policy experts, and researchers to examine the intersection of climate change and financial inclusion. Participants included a...
This open source dataset created by the University of Michigan Center on Finance, Law & Policy. Designed to contribute to an international perspective, this original dataset identifies which central banks around the world have made financial...
The Financial Crisis and ensuing Great Recession caused enormous hardship for households. Using original datasets, we examine the effects of the recession on a population many might think had nothing left to lose: low- and moderate-income households...
How have consumers, particularly poor, elderly, and unbanked consumers, fared amid the availability and prevalence of alternatives to traditional banking services?
