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Financial Inclusion In The City: Examining The Democratization Of Finance In Boston, Massachusetts, Jessa M. Loomis
Financial Inclusion In The City: Examining The Democratization Of Finance In Boston, Massachusetts, Jessa M. Loomis
Theses and Dissertations--Geography
This doctoral dissertation examines how the financialization of the economy affects the everyday lives of low and moderate-income (LMI) urban residents in the United States. Specifically, the research presented in this dissertation provides a critical examination of the democratization of finance by examining financial empowerment programs designed to promote financial inclusion for LMI residents in Boston, Massachusetts. These programs were created in the wake of the financial crisis to promote financial security by training participants to manage their debt, to monitor their credit scores, to avoid predatory lending, and to invest using mainstream financial products.
This research has two significant …