Financial Inclusion and Inclusive Growth

Inclusión, EduFin, BBVA


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


Financial education Financial inclusion Financial Inclusion Financial literacy Financial products


Asli Demirguc-Kunt

Dorothe Singer

Leora Klapper

Lead Economist, Development Research Group World Bank

Additional Information

Date published


Document Type

Working paper




Academics, regulators, policymakers, public authorities, private sector




World Bank
Logo World Bank

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