Axelle Marjolin

Bio: Axelle Marjolin is an academic researcher from University of New South Wales. The author has contributed to research in topics: Stewardship & Psychological resilience. The author has an hindex of 6, co-authored 12 publications receiving 85 citations.

Conceptualizing and Measuring Financial Resilience: A Multidimensional Framework

Abstract: Financial inclusion has become a policy priority. For many countries, this has meant focusing on the delivery and practical aspects of financial products and services. This paper argues that this approach is not sufficient to improve financial wellbeing more broadly. It suggests a more comprehensive approach moving away from asking whether people are excluded or not to asking whether they have access to accessible, acceptable and appropriate resources and supports in adverse financial circumstances. A better understanding of individuals’ financial resilience: how they bounce back from adverse financial events and the resources and supports they draw on; could help determine where resources can and should be invested to assist people to cope with financial adversity, assist the development of effective policy and, ultimately, improve financial wellbeing. This paper puts forward a definition of financial resilience and a methodology for measuring it. Australia is used as a case country from which to draw conclusions using a survey of 1496 representative adults (18+). The findings indicate that over 2 million Australian adults experienced severe or high levels of financial vulnerability raising very real concerns about financial wellbeing. Implications for academics and policy makers are presented.

Conceptualizing Financial Wellbeing: An Ecological Life-Course Approach

Abstract: Around the world, the financial landscape is becoming increasingly complex. In response to this, an array of initiatives seeks to address financial participation, education, and inclusion for the broad as well as the vulnerable population. There is an increased expectation that these programs will improve the financial wellbeing of individuals and households. But financial wellbeing is inadequately conceptualized and inconsistently defined, making it difficult to understand and improve financial outcomes. Existing conceptualizations, do not adequately account for the dynamic interplay between a person’s environment and their financial wellbeing as well as how aspects of financial wellbeing can interact according to age and life stages. This paper aims to address this gap by redefining and re-conceptualizing financial wellbeing and understanding its components and the relationships between them. To do so, nine focus groups with 54 people living in Australia of different ages, genders, and socio-economic statuses; and 18 one-on-one interviews with people experiencing challenges to their financial wellbeing, are conducted. Using an ecological life-course approach, this paper proposes a definition of financial wellbeing and puts forward a conceptual model allowing us to better understand how financial wellbeing may change over time, and how it is achieved, maintained, or challenged. Policy makers, regulators and organizations may use this model to consider where they might focus their efforts.

Understanding Collective Impact in Australia: A new approach to interorganizational collaboration:

Abstract: Countries around the world spend substantial amounts of money on programmes designed to address social issues such as place-based disadvantage, health and aged care. Despite such huge investments, ...

Quasi-market shaping, stewarding and steering in personalization: the need for practice-orientated empirical evidence

Abstract: The use of quasi-markets in diverse areas of social and health care has grown internationally. This has been accompanied by a growing awareness of how governments can manage these markets in order ...

Measuring dynamic collaborations: Collaborative health assessment tool

Abstract: Funding information Macquarie Group Foundation Abstract The changing nature of organisations in the public sector means that collaboration has become an imperative for many. Notwithstanding considerable scholarly agreement about factors contributing to successful collaboration, a broadly accepted model of collaborative practice has not coalesced. In this paper, we put forward an augmented collaboration assessment tool. Building on existing research, we argue that systems thinking can help us better account for the dynamic and multidimensional nature of collaboration – a process in which partner organisations are interconnected and organised in a way that seeks to achieve a common purpose that they could not have achieved alone. We tested the validity of our tool using a three-stage, iterative mixed-methods approach. Our research confirms the value of a diagnostic tool to assist collaboration partners navigate an often uncertain terrain. It further establishes the value of our tool in illuminating a collaboration’s dynamic interactions as a means to evaluate ‘collaboration health’.