G-20 leaders in their last summit held at Toronto in 2011 adopted 9 Principles for Innovative Financial Inclusion that include promoting technological and institutional innovation as a means to expand formal financial system access and its usage. These principles aim to help the creation of an enabling policy and regulatory environment for innovative financial inclusion.
The efforts which were made by some countries in this direction have been amply rewarded. Germany, for example, is seeing its unemployment rate fall during the crisis. This is a reward for sound past decisions in the field of public finances and structural reforms.