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Access to financial services and the financial inclusion agenda around the world : a cross-country analysis with a new data set

Author

Listed:
  • Ardic, Oya Pinar
  • Heimann, Maximilien
  • Mylenko, Nataliya

Abstract

Recent empirical evidence highlights that access to basic financial services can make a substantial positive difference in improving poor people's lives. Accordingly, financial sector reforms that promote financial inclusion are increasingly at the core of policymakers’ agendas. The Consultative Group to Assist the Poor and the World Bank Group, in response, launched the Financial Access project, including a cross-country database on financial inclusion topics and an annual report to inform the policy debate. Using this database, this paper (i) counts the number of unbanked adults around the world at 56 percent, (ii) analyzes the state of access to deposit and loan services as well as the extent of retail networks, and (iii) discusses the state of financial inclusion mandates around the world.

Suggested Citation

  • Ardic, Oya Pinar & Heimann, Maximilien & Mylenko, Nataliya, 2011. "Access to financial services and the financial inclusion agenda around the world : a cross-country analysis with a new data set," Policy Research Working Paper Series 5537, The World Bank.
    • Handle: RePEc:wbk:wbrwps:5537
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    References listed on IDEAS

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    Keywords

    Access to Finance; Financial Literacy; Banks&Banking Reform; Debt Markets; Emerging Markets;
    All these keywords.

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