Financial Inclusion and Inclusive Growth

Abstract
The empirical evidence on how the use of financial products
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.
Full content of the publication
Web
Additional Information
Date published
01/04/2017
Document Type
Working paper
Geographies
Global
Target
Academics, regulators, policymakers, public authorities, private sector
Pages
27
Related publications
30 December 2021
Household financial burden and financial literacy survey – IEFIC
29 December 2021
GFLEC’s Decennial Journey and Impact
GFLEC’s Decennial Journey and Impact
Ten years ago, the Global Financial Literacy Excellence Center (GFLEC) launched with a clear vision: a future in which e...
Read more29 December 2021
Financial Literacy and Inclusion Campaign: The US must confront financial illiteracy head-on
Financial Literacy and Inclusion Campaign: The US must confront financial illiteracy head-on
We freely discuss which vaccine we received. But conversations about money are somehow taboo
Read more