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Open AccessJournal ArticleDOI

Microfinance, financial inclusion and ICT: Implications for poverty and inequality

TLDR
In this article, the role of information and communication technologies (ICT) in poverty and inequality reduction by fostering financial inclusion, using panel dataset of sixty-two countries between 2001 and 2012, was assessed.
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This article is published in Technology in Society.The article was published on 2019-11-01 and is currently open access. It has received 142 citations till now. The article focuses on the topics: Financial inclusion & Microfinance.

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Sustainable economic development in India: The dynamics between financial inclusion, ICT development, and economic growth

TL;DR: In this paper, the authors examined the short-run and long-run dynamics between economic growth, financial inclusion initiatives, and ICT infrastructure development in 20 Indian states over the period from 1991 to 2018.
Journal ArticleDOI

Rethinking digital financial inclusion: Evidence from Bangladesh

TL;DR: In this article, the authors investigate the mismatch between assumptions implicit in the financial inclusion discourse and ideas of access and use of digital technologies and seek to move the discourse forward through a comprehensive framework for digital financial inclusion.
Journal ArticleDOI

The nexus between financial inclusion and economic development: Comparison of old and new EU member countries

TL;DR: In this article, the authors investigated the impact of financial inclusion and trade openness on the economic development of 27 European Union (EU) nations, and found that access, depth, efficiency, and the overall development of financial institutions have significant positive impact on economic growth in both the full sample and sub-samples.
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Internet access and poverty reduction: Evidence from rural and urban Mexico

TL;DR: In this paper, the impact of Internet access on the multidimensional and income poverty of rural and urban Mexico was investigated using a Propensity Score Matching (PSM) approach.
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The rise of digital finance: Financial inclusion or debt trap?

TL;DR: In this article , the authors focus on the impact of digital finance on households and provide evidence that supports this notion and explain the channel through which digital finance increases the likelihood of financial distress.
References
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Journal ArticleDOI

Legal Determinants of External Finance

TL;DR: The authors showed that countries with poorer investor protections, measured by both the character of legal rules and the quality of law enforcement, have smaller and narrower capital markets than those with stronger investor protections.
Book

Theory of Economic Development

TL;DR: The theory of economic development was first published in 1911 by Schumpeter as discussed by the authors, who argued that economics is a natural self-regulating mechanism when undisturbed by "social and other meddlers." In his preface he argues that despite weaknesses, theories are based on logic and provide structure for understanding fact.
Posted Content

The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle

TL;DR: Schumpeter as discussed by the authors argued that economic development is the key to explaining the features of modern economic life, such as consumption, factors and means of production, labor, value, prices, cost, exchange, money as a circulating medium, and exchange value of money.
Journal ArticleDOI

Finance, entrepreneurship and growth

TL;DR: The authors construct an endogenous growth model in which financial systems evaluate prospective entrepreneurs, mobilize savings to finance the most promising productivity-enhancing activities, diversify the risks associated with these innovative activities and reveal the expected profits from engaging in innovation rather than the production of existing goods using existing methods.
Posted Content

Finance and the Sources of Growth

TL;DR: Beck, Levine, and Loayza as mentioned in this paper evaluate whether the level of development in the banking sector exerts a causal impact on economic growth and its sources- total factor productivity growth, physical capital accumulation, and private saving.
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