Access to Financial Services and the Financial Inclusion Agenda Around the World: A Cross-Country Analysis with a New Data Set
By O. Ardıç, Maximilien Heimann, Nataliya Mylenko. 2011
172 citations recorded by the source corpus.
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.
Subfields: Accounting, Economics and Econometrics, Finance
View Paper: https://www.semanticscholar.org/paper/8a16b479d5cc06085cc495a55b14ea278eb6c690
Citations in the corpus
- A Study on the Effect of Financial Inclusion on the Relationship Between Income Inequality and Economic Growth (2016, unknown): “More recent attempts have also employed an econometric approach to devise a measure for financial inclusion (Ardic, Heinmann, and Mylenko 2011).”
- Mobile Money and Financial Inclusion in Sub-Saharan Africa: the Moderating Role of Social Networks (2018, unknown): “” Scholars such as Ardic, Heimann, and Mylenko (2011) and Beck, Levine, and Levkov (2010) reveal that price and non-price barriers like high cost associated with fees and minimum balances, lack of physical access, long loan processing time, and strict documentation and collateral requirements have…”
- Index of Financial Inclusion – A measure of financial sector inclusiveness (2012, unknown): “Thus, using data only on physical outlets (such as bank branches and ATMs) can give an incomplete 18 Ardic et al. (2011) estimated that on average, an individual has 3 deposit accounts in the world.”
- Financial Inclusion, Financial Literacy and Economically Vulnerable Populations in the Middle East and North Africa (2019, unknown): “…access to and usage of financial services for those groups that have been traditionally excluded or underserved by the traditional financial system (Ardic, Heimann, and Mylenko 2011; BCBS 2015; G20 Financial Inclusion Experts Group ATISG Report 2010; G20 Global Partnership for Financial Inclusion…”