However, it first caught the attention of the global community immediately after the Global Financial Crisis in 2008. Globalisation of financial inclusion I believe that financial inclusion gave a positive twist to the policy responses to the Global Financial Crisis (GFC). The GFC warranted a massive coordinated policy intervention, by both governments and central bankers, to save the world economy from depression.
The financial sector was viewed as a villain by many, and governments and central banks were often accused of bailing banks out at great expense to the exchequer. In the context of the GFC and Occupy Wall Street etc, policymakers must have felt a need to demonstrate that they were concerned as much with people as with finance.