Why and how financial inclusion policy develop? A case study from Indonesia

Kania, Resya (2022). Why and how financial inclusion policy develop? A case study from Indonesia. University of Birmingham. Ph.D.

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Financial inclusion policy aims to improve access to mainstream financial products for marginalised groups. It has been promoted onto the global agenda and strategies have been adopted by many nations since 2010, including Indonesia.
This study examines the complex development of financial inclusion strategy in Indonesia – including the involvement of international development partners, the intertwined domestic interests, and different beliefs on the role of finance.
Using in-depth interviews with 34 critical informants as the primary data source and utilising the Advocacy Coalition Framework (ACF) to guide the analysis, the study shows the development of financial inclusion strategy in Indonesia was produced from the combination of seven critical events, political-symbolic learning, and antagonistic coordination between bankers, regulators, and government.
The study found there was little deliberation in the policy-making process and no consultation with consumers as the primary beneficiaries of the policy. As a result, financial inclusion policy developed in ways that potentially benefits those within the financial sector at the expense of the general public.
This study also makes a methodological and theoretical contribution to knowledge by tracing ACF’s multiple primary pathways and employing its various concepts for explaining policy change in the financial sector in a developing nation. This study extends our understanding of the role of events and policy actors and proposes the new Policy Learning Spectrum and Collaboration Spectrum as two analytical frameworks to enhance ACF’s explanatory power.

Type of Work: Thesis (Doctorates > Ph.D.)
Award Type: Doctorates > Ph.D.
Licence: All rights reserved
College/Faculty: Colleges (2008 onwards) > College of Social Sciences
School or Department: Department of Social Policy, Sociology and Criminology
Funders: Other
Other Funders: The Indonesia Endowment Fund for Education (LPDP)
Subjects: H Social Sciences > H Social Sciences (General)
J Political Science > JA Political science (General)
J Political Science > JZ International relations
URI: http://etheses.bham.ac.uk/id/eprint/12370


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