Ulster University Logo

Ulster Institutional Repository

The Development of Credit Unions and their Role in Tackling Financial Exclusion’

Biomedical Sciences Research Institute Computer Science Research Institute Environmental Sciences Research Institute Nanotechnology & Advanced Materials Research Institute

McKillop, Donal G., Ward, Ann-Marie and Wilson, John O. S. (2007) The Development of Credit Unions and their Role in Tackling Financial Exclusion’. Public Money and Management, 27 (1). pp. 37-44. [Journal article]

Full text not available from this repository.

DOI: 10.1111/j.1467-9302.2007.00553.x

Abstract

In recent years, policy-makers have viewed credit unions as an important tool in the fight against financial exclusion. This article reviews government policy toward credit unions, and the extent of credit union involvement in areas of financial exclusion (deprivation). Government policies of financial assistance, financial de-regulation and re-regulation have encouraged the development of a sustainable credit union industry capable of serving the financially excluded. However, this external funding rather than stimulating credit union development may lead to an erosion of the community self-help ethos upon which credit unions were founded. Policies should therefore be formulated which encourage credit union development based upon a membership drawn from a cross section of the population

Item Type:Journal article
Keywords:Credit Unions Financial Exclusion
Faculties and Schools:Ulster Business School
Ulster Business School > Department of Accounting, Finance and Economics
Research Institutes and Groups:Business and Management Research Institute
ID Code:9846
Deposited By:Professor Anne-Marie Ward
Deposited On:23 Jun 2010 11:36
Last Modified:13 May 2011 09:28

Repository Staff Only: item control page