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Financial inclusion is a multidimensional concept and countries have chosen diverse methods of enhancing financial inclusion with varying degrees of results. The heterogeneity of financial inclusion is particularly striking in the Asia-Pacific region as member countries range from those that are...
Persistent link: https://www.econbiz.de/10012102214
income inequality and poverty, except financial liberalization, which tends to exacerbate them. Also, banking sector … fully support the reduction of poverty and income equality …
Persistent link: https://www.econbiz.de/10011434750
The past two decades have seen a rapid increase in interest in financial inclusion, both from policymakers and researchers. This paper surveys the main findings from the literature, documenting the trends over time and gaps that have arisen across regions, income levels, and gender, among...
Persistent link: https://www.econbiz.de/10012300650
Persistent link: https://www.econbiz.de/10011282762
The linearity of the relationship between income inequality and economic development has been long questioned. While theory provides arguments for which the shape of relationship may be positive for low levels of inequality and negative for high ones, most of the empirical literature assumes a...
Persistent link: https://www.econbiz.de/10011671105
We investigate the link between gender inequality in financial inclusion and income inequality, with three contributions to the recent literature. First, using a micro-dataset covering 146,000 individuals in over 140 countries, we construct novel, synthetic indices of the intensity of financial...
Persistent link: https://www.econbiz.de/10011763549
We develop a micro-founded general equilibrium model with heterogeneous agents to identify pertinent constraints to financial inclusion. We evaluate quantitatively the policy impacts of relaxing each of these constraints separately, and in combination, on GDP and inequality. We focus on three...
Persistent link: https://www.econbiz.de/10014411930
decline in earnings, extreme poverty and the Gini coefficient based on labor income increased by around 9.2 and 5 percentage … than offset the labor income losses for the bottom four deciles, however, such that poverty relative to the pre … ended in late 2020. The challenge will be to avoid a sharp increase in poverty and inequality if the labor market does not …
Persistent link: https://www.econbiz.de/10012518867
This paper surveys the literature on the relationship between international trade and inclusive growth. It examines claims that the rise in inequality in many countries can be attributed to the concurrent rise in trade competition, especially from EMEs like China, spurring trade tensions and...
Persistent link: https://www.econbiz.de/10012518909
Addressing the poverty and distributional impacts of carbon pricing reforms is critical for the success of ambitious … which carbon pricing can potentially affect poverty and inequality. It finds that the channels differ in important ways …
Persistent link: https://www.econbiz.de/10012610729