Economic Inclusion Group

We at the Economic Inclusion Group are currently working on a policy package to be presented to the European Parliament and U.S. Congress amongst other bodies regarding the impacts of financial exclusion on migrants those who find themself de-banked resulting from AML/CFT regulations and rigid banking regulations. We value the insight of field specialist and would greatly appreciate the opportunity to sit down for an interview on or off the record with anyone who works within relevant fields to our research. Please do not hesitate to message me directly if I may have 15-30 minutes of your time.

I’m #hiring. Know anyone who might be interested?

Young people are missing from policymaking worldwide. Did you know only 19% of lawmakers globally are under 40? The majority are above 60. This gap in representation is bad for democracy. Here’s why: 1) Young people lose faith in democracy. When they don’t see themselves in leadership, they disengage from political systems entirely. 2) Laws become outdated and unrepresentative. Policies often fail to reflect the priorities of younger generations: tech, housing, education. 3) We miss forward-looking policies. From AI regulation to housing policy, youth perspectives are essential for planning the future. 4) Democracy thrives on inclusion. If young voices are absent, governments risk alienating the very people they’ll depend on tomorrow. Youth inclusion in politics isn’t just fair; it’s vital for a resilient, innovative, and democratic future.

“Only when the human spirit can dream, create, and build; only when individuals are given a personal stake in deciding economic policies and benefiting from their own success -- only then do societies become dynamic, prosperous, progressive, and free." Ronald Reagan's remarks at the Annual Meeting of the Boards of Governors of the International Monetary Fund and World Bank Group in 1984

The Hidden Crisis of Debanking: Why Financial Exclusion Hurts Us All Did you know that millions of people worldwide are denied access to basic banking services? This systematic debanking isn't just unfair—it has devastating effects on individuals, businesses, and entire economies. Let’s break it down: 1. A Life Without Banking? Imagine not being able to open a savings account, secure a loan, or even get paid electronically. For millions, this isn’t hypothetical. It’s their daily reality. Without access to banking, people are locked out of the modern economy, stuck in cycles of poverty. 2. Vulnerable Groups Suffer Most Refugees, immigrants, and minorities face disproportionate exclusion. Why? Banks often classify them as “high-risk” due to regulatory hurdles. Even with legal status and steady jobs, many are denied accounts—creating barriers to integration and economic stability. 3. Entrepreneurs and Innovators Hit Hard Startups rely on banks for funding and scaling. Yet stringent regulations often deny banking to young innovators, stifling creativity. In Europe, for example, restrictive policies are driving talent away, resulting in a brain drain. 4. Eroding Trust in Financial Systems What happens when banks turn people away? They turn to unregulated alternatives—like crypto. While innovative, these options come with risks, creating instability and undermining trust in financial systems. 5. The Macroeconomic Fallout Financial exclusion doesn’t just hurt individuals—it weakens economies. - Consumer spending drops - Tax revenues shrink - Economic inequality deepens The result? Slower growth and higher risks of instability. What Needs to Change? Policymakers must prioritize inclusivity alongside security. Reforms to AML laws should strike a balance—protecting systems without sidelining individuals. A universal "Right to Banking" isn’t just ethical. It’s essential for growth and stability.

Desde Eurodefense Joven Espa?a, Transatlantic Dialogue Center y International Renaissance Foundation , nos complace anunciar la conferencia Invasión de Rusia a #Ucrania ???? y su impacto en #Europa ???? Esta consistirá de dos paneles, en los que tendremos la oportunidad de escuchar a expertos y relevantes miembros del gobierno de Ucrania ???? que participarán de manera presencial. Mientras tratamos cuestiones de gran importancia como son: ?? Las relaciones entre Espa?a ???? y Ucrania ???? ?? Economia de Guerra y su impacto en este conflicto. Os esperamos, el Martes 15 de octubre a las 16h en la calle de Maestro Victoria 3, Madrid. Este evento requiere de inscripción: ?????? https://lnkd.in/dFUuWWtz

What it could have been …

Immigrants deserve a #RightToBanking! We continue working towards this goal, moving forward our resolution proposal in the Parliamentary Assembly of the Council of Europe (PACE)!

Through our partnership with the Global Democracy Coalition and International IDEA, we will continue working to promote the values of democracy, inclusive governance and economic opportunity. For our democratic systems to thrive, young people have to feel optimistic about their economic future. They have to feel economically included and empowered.

Dear friends, I have been asked in the past days whether #Venezuela is about to lose Citgo Petroleum, the U.S.-based oil refining and gasoline company valued at $13 billion.? There is the wrong perception that #Citgo’s shares will be auctioned off on July 15th. In reality, on that day there is only a hearing to know the second phase of offers.? As Jose Ignacio Hernandez Gonzalez mentioned recently, “There are still months of litigation ahead to be a final ruling.” Additionally, any transaction requires the approval of the U.S. Treasury Office of Foreign Assets Control (#OFAC). As of now, 18 companies are included in the list of creditors of PDV Holding. Collectively, their claims total $21 billion for expropriations and debt defaults. Overall, this shows the level of economic mismanagement by the Venezuelan government. It also shows the titanic job we have ahead in Venezuela when it comes to jump-starting our economy, renegotiating international agreements, and overall, bringing quality of life to our people.