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Financial inclusion and inclusive growth : a review of recent empirical evidence

Author

Listed:
  • Demirguc-Kunt,Asli
  • Klapper,Leora
  • Singer,Dorothe

Abstract

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.

Suggested Citation

  • Demirguc-Kunt,Asli & Klapper,Leora & Singer,Dorothe, 2017. "Financial inclusion and inclusive growth : a review of recent empirical evidence," Policy Research Working Paper Series 8040, The World Bank.
  • Handle: RePEc:wbk:wbrwps:8040
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    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. 34. Notable Women researchers on Economics
      by Euro American Association EAAEDS in Euro-American Association: World Development on 2018-10-09 19:52:00

    Citations

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    Cited by:

    1. World Bank [WB], 2018. "The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution," Working Papers id:12735, eSocialSciences.
    2. Grohmann, Antonia & Klühs, Theres & Menkhoff, Lukas, 2018. "Does financial literacy improve financial inclusion? Cross country evidence," World Development, Elsevier, vol. 111(C), pages 84-96.
    3. Baborska, Renata & Hernandez-Hernandez, Emilio & Magrini, Emiliano & Morales-Opazo, Cristian, 2018. "The impact of financial inclusion on rural food security experience: a perspective from low-and middle-income countries," MPRA Paper 89249, University Library of Munich, Germany.
    4. repec:wbk:wbpubs:29510 is not listed on IDEAS
    5. World Bank Group, 2018. "Rwanda Agriculture Finance Diagnostic," World Bank Other Operational Studies 30453, The World Bank.
    6. repec:oup:wbrobs:v:32:y:2017:i:2:p:211-226. is not listed on IDEAS

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