The Scottish Government has been at the forefront of efforts to promote inclusive growth – economic growth that combines increased prosperity with greater equality, creates opportunities for all, and distributes the benefits of increased prosperity fairly.
While it is widely recognised that finance is a vital ingredient of a prosperous economy, there is mounting evidence that too much finance of the wrong type can undermine the real economy, increase inequality and disempower communities.
Meanwhile, rapid transformation in data and AI capabilities brings new risks around consent and control, bias and exclusion, and exploitation, but also offers new opportunities to put people back in control of finance and deliver more equitable outcomes.
On 25 October 2018, we worked with experts from government, civil society, finance and innovation to co-create new ideas about how finance can help to build a more inclusive, fair and prosperous society.
This event was held in partnership with the UCL Institute for Innovation and Public Purpose and was part of Global Ethical Finance Initiative’s ethical finance week. We are grateful to Barrow Cadbury Trust for their support to run this event.
Read more about the event and the ideas generated in this briefing.