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The main purpose of this paper is to empirically investigate the impacts of remittance inflows, financial inclusion, and economic development and whether inward remittances may help to construct an inclusive financial system. Using both endogeneity-robust generalized method of moments and a...
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Despite the commitments of the development community toward broader access to finance, financial inclusion rates worldwide are rather unsatisfactory. To date, around two billion adults do not have access to basic financial services such as savings and checking accounts. Attempting to bridge such...
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Financial inclusion is perceived as an enabler of poverty reduction around the world and today is in agenda of all … provide an insight to the level of financial inclusion around the world, this paper investigates the extent of financial … inclusion in different developing regions around the world. The paper investigates developing regions (Eastern, South and …
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This paper introduces a new index of financial inclusion for 151 economies using principal component analysis to compute weights for aggregating nine indicators of access, availability, and usage. It then assesses the impact of financial inclusion on poverty and income inequality. The results...
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