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Financial Inclusion and Digital Financial Inclusion of Forcibly Displaced Persons

Strategies and Challenges

Bibliographic Data

ID6444867
AuthorsPeterson K Ozili (0000-0001-6292-1161, corresponding author)
Year2025
Volume24
Issue3-4
Pages628-641
Publication date2025-07-02
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenuePerspectives on Global Development and Technology (JOURNAL)
Journal identifiersISSN: 1569-1497 • E-ISSN: 1569-1500
PublisherBrill (PUBLISHER • NL)
DOI10.1163/15691497-12341728
OpenAlexW6884732255
LanguageEN
References cited8

Forced displacement poses a challenge to development. It displaces men, women, and children from their places of residence, making them strangers in another community and country. In the host country, they often lack legal identity. As a result, they cannot access basic formal financial services because financial service providers won’t serve them without formal legal identification. This puts forcibly displaced persons in a vulnerable situation. Financial inclusion for forcibly displaced persons, if it can be achieved, can give them access to basic financial services, which they can use to build resilience and cope with the humanitarian crises that accompany forced displacement. This study identifies some strategies to increase financial inclusion for forcibly displaced persons. It also highlights some challenges that may be encountered in advancing financial inclusion for forcibly displaced persons. The insights offered in this article are useful for development policymaking. It is also useful to academics, policymakers, and practitioners involved in activities, projects, or programs that are aimed at restoring the livelihoods of vulnerable people

Displaced person · Financial inclusion · Financial services · Inclusion (mineral · Livelihood · Psychological resilience · Resilience (materials science · Service provider · African studies and sociopolitical issues · Education and experiences of immigrants and refugees · Hydropower, Displacement, Environmental Impact

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Citation velocityhistorical
Highly citedNo

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