Financial inclusion can be defined as a process of providing financial services to the poor and deprived sections of the society, whose income is low. The main objective of financial inclusion is to remove all the barriers that prevent people from getting financial assistance and provide...

This paper provides an overview of financial inclusion in the Latin America and Caribbean region during the COVID pandemic based on 2021 Global Findex data. The trend analysis revealed that there was low level of financial inclusion in the LAC region. Account ownership and formal savings of the...

This paper investigates the determinants of financial inclusion in Mongolia – a country where persistent “reverse” gender gap in financial inclusion exists. Results show that women, and those who are more educated and older are more likely to be financially included. Women are four...

Financial inclusion can increase economic growth and productivity and reduce poverty and inequality by helping people and firms-particularly SMEs-to save and invest, smooth consumption, and better manage financial risks. This paper highlights Niger's lag compared to other WAEMU countries in...

The extent to which households are financially included may influence central banks’ operation of monetary policy. In such cases, authorities will not need to adjust interest rates as aggressively to key macro variables to have the necessary impact on the economy. Using data for 47 emerging...

This evaluation explores how and with what effect the World Bank Group has supported financial inclusion for the microenterprises, poor households, women, and other excluded groups. Financial inclusion is defined as the use of financial services by individuals and firms. It encompasses financial...