Abstract
This study explores the link between the EU Social Investment Package and availability, access and use of financial services. There are two dimensions to ‘social investment’: the investment dimension refers to resources that need to be invested in order to increase welfare and capabilities of the population, whilst the social dimension is about society’s collective effort for raising such investment as well as sharing in its benefits.
Financial inclusion matters for achieving human capability. Financial services and human capability have a two-way and dynamic relationship, because access to financial services improves human capability, which in turn leads to more efficient use of financial services. This dynamic interaction evolves throughout the life of an individual, its contingencies and changed circumstances in relation to, e.g., health, education, family formation, employment, retirement.
| Original language | English |
|---|---|
| Place of Publication | The Hague |
| Publisher | International Institute of Social Studies (ISS) |
| Number of pages | 67 |
| Publication status | Published - Nov 2018 |
Publication series
| Series | ISS working papers. General series |
|---|---|
| Number | 638 |
Bibliographical note
This working paper has been written as part of the research project: the RE-InVEST, Rebuilding an Inclusive, Value-based Europe of Solidarity and Trust through Social Investments. This project has received funding from the European Union’s Horizon 2020 research and innovation programme under Grant Agreement No 649447Earlier drafts of this paper benefited from comments by the participants at the RE-InVEST WP6 meeting in Bucharest (2017) and Paris (2018)
link in repub: https://repub.eur.nl/pub/112987
Series
- ISS Working Paper-General Series
