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The International Labour Organisation and the ambivalent politics of financial inclusion in West Africa
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Bernards, Nick (2016) The International Labour Organisation and the ambivalent politics of financial inclusion in West Africa. New Political Economy, 21 (6). pp. 606-620. doi:10.1080/13563467.2016.1183115 ISSN 1356-3467.
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Official URL: https://doi.org/10.1080/13563467.2016.1183115
Abstract
This article examines the role of the International Labour Organization (ILO) in promoting ‘financial inclusion’ in West Africa. The role of the ILO in microfinance and financial inclusion has often been overlooked, in contrast to the role played by the World Bank, G20 and like institutions. The ILO is significant here because it suggests a number of ambiguities and important political dynamics that have gone overlooked in previous critical discussions of microcredit, which have often focused on the politics of commercialisation, indebtedness and accumulation by dispossession. This article draws instead on Gramsci’s concepts of subalternity and organic crisis to suggest that the politics of ‘financial inclusion’ in practice are often shaped as much by the political dynamics engendered by the erosion of postcolonial order as by the imperatives of accumulation. The argument is illustrated empirically by examining ILO activities on microinsurance and ‘inclusive finance for workers’ in West Africa, with an emphasis on Senegal.
| Item Type: | Journal Article | ||||||
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| Subjects: | D History General and Old World > DT Africa H Social Sciences > HD Industries. Land use. Labor |
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| Divisions: | Faculty of Arts > School for Cross-faculty Studies > Global Sustainable Development | ||||||
| Library of Congress Subject Headings (LCSH): | International Labour Organisation -- Influence, Economic development -- Africa, Gramsci, Antonio, 1891-1937, Postcolonialism | ||||||
| Journal or Publication Title: | New Political Economy | ||||||
| Publisher: | Routledge | ||||||
| ISSN: | 1356-3467 | ||||||
| Official Date: | 10 May 2016 | ||||||
| Dates: |
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| Volume: | 21 | ||||||
| Number: | 6 | ||||||
| Page Range: | pp. 606-620 | ||||||
| DOI: | 10.1080/13563467.2016.1183115 | ||||||
| Status: | Peer Reviewed | ||||||
| Publication Status: | Published | ||||||
| Access rights to Published version: | Restricted or Subscription Access | ||||||
| Date of first compliant deposit: | 9 May 2018 | ||||||
| Date of first compliant Open Access: | 11 May 2018 | ||||||
| RIOXX Funder/Project Grant: |
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