Financial citizenship: building financial security, capability and inclusion in communities
Funder
Coventry University
Total value of project
£7,583
Project team
Collaborators
Shaun French (University of Nottingham)
Duration of project
February 2016- January 2017
Project overview
The project explored the concept of ‘financial citizenship’ and the extent to which credit unions are able to secure financial inclusion, financial capability and financial security of their members. This is because individuals are increasingly responsible for their own financial security as the state is shifting further away from providing a universal welfare ‘safety net’.
Project objectives
The key aim of this proposal was to test the operability of the concept of ‘financial citizenship’ (Leyshon and Thrift, 1995) by undertaking empirical research with UK credit unions.
The research also aimed to produce appropriate policy recommendations to benefit financially excluded groups, the credit union movement and the broader financial sector to build financial security amongst the community.