The Development of Credit Unions and Their Role in Tackling Financial Exclusion

Donal G. McKillop, Anne-Marie Ward and John Wilson

Public Money & Management, 2007, vol. 27, issue 1, 37-44

Abstract: The government has been actively encouraging the development of credit unions to help the financially excluded. However, rather than stimulating credit union development, government grants can erode the community self-help ethos on which credit unions are founded. Policies should be formulated which encourage credit union development based on a membership drawn from a cross-section of the population.

Date: 2007
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DOI: 10.1111/j.1467-9302.2007.00553.x

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