An important question raised in the literature is whether development leads to an all-inclusive financial system. This paper attempts to examine the relationship between financial inclusion and development by empirically identifying country specific factors that are associated with the level of financial inclusion. It finds that levels of human development and financial inclusion in a country move closely with each other. Among socio-economic and infrastructure related factors, income, inequality, literacy, urbanisation and physical infrastructure for connectivity and information are important. Health of the banking sector does not seem to have an unambiguous effect on financial inclusion whereas ownership pattern does seem to matter.
Financial Inclusion and Development
Related Resources
-
From ‘Social Evils’ to ‘Human Beings’: Vietnam’s LGBT Movement and the Politics of Recognition
Phuong, Pham Quynh. 2022. “From ‘Social Evils’ to ‘Human Beings’: Vietnam’s LGBT Movement and the Politics of Recognition.” Journal of Current Southeast Asian Affairs 41 (3): 422–39.
- Open Source Results
- Authors with Diverse Backgrounds
-
Silent Struggles: Women Education Leaders’ Agency for Peacebuilding in Islamic Schools in Post-Conflict Aceh
Lopes Cardozo, Mieke T.A., Rizki Amalia Affiat, Faryaal Zaman, Maida Irawani, and Eka Srimulyani. 2022. “Silent Struggles: Women Education Leaders’ Agency for Peacebuilding in Islamic Schools in Post-Conflict Aceh.” Journal of Peace Education 19 (2): 158–81.
- Open Source Results
- Authors with Diverse Backgrounds