Searched over 200M research papers for "financial inclusion"
10 papers analyzed
These studies suggest financial inclusion can enhance bank stability, economic growth, and sustainable development, while also addressing barriers to financial services and promoting inclusive growth.
19 papers analyzed
Financial inclusion refers to the process of making financial services accessible and affordable to all individuals and businesses, particularly those who are underserved or excluded from the traditional financial system. It is seen as a critical component for economic development, poverty alleviation, and equitable growth.
Impact on Economic Development and Poverty Alleviation
Bank Stability and Financial Inclusion
Role of Financial Literacy
Policy and Institutional Support
Challenges and Criticisms
Financial inclusion is widely recognized as a crucial element for economic development and poverty alleviation. It contributes to bank stability and is supported by policies and institutional frameworks globally. However, its effectiveness is often challenged, particularly in serving the poorest populations. Financial literacy plays a significant role in enhancing the use of financial services, and a multifaceted approach is necessary to achieve the desired outcomes of financial inclusion.
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