The women’s inclusion agenda: Gender and everyday practices across registers of finance

Financial institutions spanning Global North and South are increasingly adopting an agenda of ‘women’s financial inclusion’. The women’s inclusion agenda in finance reflects dynamics of deep marketization that prescribe common economic policy solutions, transcending formerly significant distinctions...

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Main Authors: Tanushree Kaushal, Signe Predmore
Format: Article
Language:English
Published: Cambridge University Press
Series:Finance and Society
Subjects:
Online Access:https://www.cambridge.org/core/product/identifier/S2059599924000190/type/journal_article
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author Tanushree Kaushal
Signe Predmore
author_facet Tanushree Kaushal
Signe Predmore
author_sort Tanushree Kaushal
collection DOAJ
description Financial institutions spanning Global North and South are increasingly adopting an agenda of ‘women’s financial inclusion’. The women’s inclusion agenda in finance reflects dynamics of deep marketization that prescribe common economic policy solutions, transcending formerly significant distinctions of geography and social context. In this case, the closing of gender gaps is the universally proscribed policy. Yet this agenda elicits vastly different practices in ‘high’ finance registers where women are recruited as professionals, and microfinance registers where women are incorporated as borrowers. Relating multisited ethnographic materials from a US gender diversity organization and microfinance institutions in India, we ask: on what terms does inclusion take place? First, we examine how gender is constructed across finance institutions by essentializing women as virtuous. These constructions play out according to context-specific gender politics on questions of women’s economic empowerment – concerning neoliberal iterations of feminism in the US case, and financialization of social reproduction in India. Second, what do women’s everyday engagements with the inclusion agenda indicate about the terms of financial inclusion? Women contend with characterizations of themselves as risk-averse professionals and responsible borrowers, respectively, with ambivalence. Their contextually located ambivalent responses are points of both leverage and critique for the financial inclusion agenda.
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spelling doaj-art-79a1c5676d9240ff9ab3bd4ec1f26c0f2025-01-27T10:05:27ZengCambridge University PressFinance and Society2059-599912210.1017/fas.2024.19The women’s inclusion agenda: Gender and everyday practices across registers of financeTanushree Kaushal0https://orcid.org/0000-0002-6846-6953Signe Predmore1https://orcid.org/0000-0002-9281-1606Geneva Graduate Institute, Geneva, SwitzerlandDepartment of Political Science, University of Massachusetts Amherst, Amherst, MA, USAFinancial institutions spanning Global North and South are increasingly adopting an agenda of ‘women’s financial inclusion’. The women’s inclusion agenda in finance reflects dynamics of deep marketization that prescribe common economic policy solutions, transcending formerly significant distinctions of geography and social context. In this case, the closing of gender gaps is the universally proscribed policy. Yet this agenda elicits vastly different practices in ‘high’ finance registers where women are recruited as professionals, and microfinance registers where women are incorporated as borrowers. Relating multisited ethnographic materials from a US gender diversity organization and microfinance institutions in India, we ask: on what terms does inclusion take place? First, we examine how gender is constructed across finance institutions by essentializing women as virtuous. These constructions play out according to context-specific gender politics on questions of women’s economic empowerment – concerning neoliberal iterations of feminism in the US case, and financialization of social reproduction in India. Second, what do women’s everyday engagements with the inclusion agenda indicate about the terms of financial inclusion? Women contend with characterizations of themselves as risk-averse professionals and responsible borrowers, respectively, with ambivalence. Their contextually located ambivalent responses are points of both leverage and critique for the financial inclusion agenda.https://www.cambridge.org/core/product/identifier/S2059599924000190/type/journal_articlefinancializationgender inclusionGlobal Southmarketization
spellingShingle Tanushree Kaushal
Signe Predmore
The women’s inclusion agenda: Gender and everyday practices across registers of finance
Finance and Society
financialization
gender inclusion
Global South
marketization
title The women’s inclusion agenda: Gender and everyday practices across registers of finance
title_full The women’s inclusion agenda: Gender and everyday practices across registers of finance
title_fullStr The women’s inclusion agenda: Gender and everyday practices across registers of finance
title_full_unstemmed The women’s inclusion agenda: Gender and everyday practices across registers of finance
title_short The women’s inclusion agenda: Gender and everyday practices across registers of finance
title_sort women s inclusion agenda gender and everyday practices across registers of finance
topic financialization
gender inclusion
Global South
marketization
url https://www.cambridge.org/core/product/identifier/S2059599924000190/type/journal_article
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AT signepredmore womensinclusionagendagenderandeverydaypracticesacrossregistersoffinance