Financial Inclusion and Inclusive Growth
There is growing evidence that appropriate financial services have substantial benefits for consumers, especially women and poor adults. This paper provides an overview of financial inclusion around the world and reviews the recent empirical evidence on how the use of financial products -- such as payments services, savings accounts, loans, and insurance -- can contribute to inclusive growth and economic development. This paper also discusses some of the challenges to achieving greater financial inclusion and directions for future research.
Main Authors: | , , |
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Format: | Working Paper biblioteca |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2017-04
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Subjects: | FINANCIAL INCLUSION, INCLUSIVE GROWTH, SHARED PROSPERITY, FINANCIAL LITERACY, CONSUMER FINANCE, FINANCIAL INSTITUTIONS, REGULATION, POLICY, |
Online Access: | http://documents.worldbank.org/curated/en/403611493134249446/Financial-inclusion-and-inclusive-growth-a-review-of-recent-empirical-evidence https://hdl.handle.net/10986/26479 |
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Summary: | There is growing evidence that
appropriate financial services have substantial benefits for
consumers, especially women and poor adults. This paper
provides an overview of financial inclusion around the world
and reviews the recent empirical evidence on how the use of
financial products -- such as payments services, savings
accounts, loans, and insurance -- can contribute to
inclusive growth and economic development. This paper also
discusses some of the challenges to achieving greater
financial inclusion and directions for future research. |
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