@article{fdi:010072058,
  title = {{W}hy do financial inclusion policies fail in mobilizing savings from the poor ? {L}essons from rural south {I}ndia},
  author = {{G}oedecke, {J}. and {G}u{\'e}rin, {I}sabelle and {D}'{E}spallier, {B}. and {V}enkatasubramanian, {G}.},
  editor = {},
  language = {{ENG}},
  abstract = {{C}ombining multivariate and qualitative analyses, this micro-level study suggests an explanation for the persistence of informal savings in rural south {I}ndia despite publicly run large-scale programmes to promote bank savings. {G}old, in particular, but also {R}otating {S}aving and {C}redit {A}ssociations ({ROSCA}s) and private lending, remain the dominant forms of savings. {W}e argue that cultural norms and social institutions, such as social class and caste, shape the nature of savings, and also the propensity and opportunities to save. {G}old serves multiple purposes, financial, economic, socio-cultural and political. {F}urthermore, we find that the preference of {D}alits (the lowest caste) for gold illustrates a relative emancipation, which contrasts with the persistence of caste-related prohibitions preventing them investing in other assets, such as land.},
  keywords = {banks ; economic anthropology ; financial inclusion ; {I}ndia ; informal ; saving ; microfinance ; political economy ; {INDE}},
  booktitle = {},
  journal = {{D}evelopment {P}olicy {R}eview},
  volume = {36},
  numero = {1},
  pages = {{O}201--{O}219},
  ISSN = {0950-6764},
  year = {2018},
  DOI = {10.1111/dpr.12272},
  URL = {https://www.documentation.ird.fr/hor/fdi:010072058},
}