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Financial inclusion strategies : reference framework
Douglas Pearce,Claudia Ruiz Ortega +1 more
- pp 1-60
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TLDR
A comprehensive approach to financial inclusion addresses at least three aspects: access to financial services and products; usage of financial services; and quality of financial service and products, defined by consumer ability to benefit from new financial services as mentioned in this paper.Abstract:
Financial inclusion strategies can be defined as road maps of actions, agreed and defined at the national or subnational level,that stakeholders follow to achieve financial inclusion objectives. Successful strategies coordinate efforts with the main stakeholders, define responsibilities among them, and state a clear planning of resources by, for example, prioritizing targets. A strategy can promote a more effective and efficient process to achieve significant improvements in financial inclusion, and is ideally prepared with the private sector in order to establish and achieve shared, achievable goals for financial inclusion. A comprehensive approach to financial inclusion addresses at least three aspects: access to financial services and products; usage of financial services and products; and quality of financial services and products, defined by consumer ability to benefit from new financial services and products.read more
Citations
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Journal ArticleDOI
Financial inclusion and socioeconomic development: gaps and solution
Shailesh Rastogi,E Ragabiruntha +1 more
TL;DR: In this paper, the authors identify factors relevant for financial inclusion and establish a model that shows how these factors lead to economic development (ED) through FI; primary data were collected through structured questionnaire.
Posted Content
Can financial inclusion and financial stability go hand in hand
TL;DR: In this article, the relation between financial inclusion and financial stability is discussed, and it is shown that broader access to deposits that leads to a more diversified base of deposits could improve significantly the resilience of the overall financial system and thus financial stability.
Journal ArticleDOI
Financial Inclusion and Stability: Review of Theoretical and Empirical Links
TL;DR: In this article, a review of the literature on financial stability and financial inclusion is presented, which suggests the possible co-dependence of stability and inclusion, and explores stylized facts (correlations) obtained from data sets that have been widely used in the literature.
Dissertation
Financial Inclusion of The Small and Marginal Farmers by the Banking Sector in Kerala
M. Biju John,Joseph Mary +1 more
Journal ArticleDOI
The impact of interest rate volatility on financial market inclusion: evidence from emerging markets
TL;DR: In this paper, the authors investigated the relationship between interest rate volatility and financial market inclusion for five selected emerging economies over the period 1980-2015 and found that the long-run effect of interest rate variability is asymmetric in all countries except for Mexico.
References
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BookDOI
Measuring Financial Inclusion : The Global Findex Database
Asli Demirguc-Kunt,Leora Klapper +1 more
TL;DR: The first analysis of the Global Financial Inclusion (Global Findex) database is presented in this article, which measures how adults in 148 economies save, borrow, make payments, and manage risk.
Book
Finance for all? : policies and pitfalls in expanding access
TL;DR: In this article, finance for all, the authors present first efforts at developing indicators illustrating that financial access is quite limited around the world and identify barriers that may prevent small firms and poor households from using financial services.
Journal ArticleDOI
Savings Constraints and Microenterprise Development: Evidence from a Field Experiment in Kenya
TL;DR: In this paper, the authors randomized access to noninterest-bearing bank accounts among two types of self-employed individuals in rural Kenya: market vendors and men working as bicycle taxi drivers, and found that despite large withdrawal fees, a substantial share of market women used the accounts, were able to save more, and increased their productive investment and private expenditures.
Posted Content
Finance for all?: Policies and pitfalls in expanding access
TL;DR: In this article, finance for all, the authors present first efforts at developing indicators illustrating that financial access is quite limited around the world and identify barriers that may prevent small firms and poor households from using financial services.
Journal ArticleDOI
The Impact of Credit on Village Economies
TL;DR: Thailand's 'Million Baht Village Fund' program, among the largest scale government microfinance iniative in the world, is evaluated using pre- and post-program panel data and quasi-experimental cross-village variation in credit-per-household, finding that the village funds have increased total short-term credit, consumption, agricultural investment, income growth, and overall asset growth.
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