Ambiguity in international finance and the spread of financial norms: the localization of financial inclusion in Kenya and Nigeria

Despite powerful pressures for convergence towards global financial norms we do not see uniform outcomes across the globe. Instead, local agents seek to adapt foreign agendas to local conditions. While scholarship has illustrated the localization of global norms, we still lack a systematic understanding of why certain localized norms emerge and how we can explain agency in the face of pressures for policy convergence. I offer an analysis of the...