Measuring Financial Access Around the World

By Jake Kendall, Nataliya Mylenko, A. Ponce. 2010

178 citations recorded by the source corpus.

This paper introduces a new set of financial access indicators for 139 countries across the globe and describes the results of a preliminary analysis of this data set. The new data set builds on previous work using a similar methodology. The new data set features broader country coverage and greater disaggregation by type of financial product and by type of institution supplying the product -- commercial banks, specialized state run savings and development banks, banks with mutual ownership structure (such as cooperatives), and microfinance institutions. The authors use the data set to conduct a rough estimation of the number of bank accounts in the world (6.2 billion) as well as the number of banked and unbanked individuals. In developed countries, they estimate 3.2 accounts per adult and 81 percent of adults banked. By contrast, in developing countries, they estimate only 0.9 accounts per adult and 28 percent banked. In regression analysis, they find that measures of development and physical infrastructure are positively associated with the indicators of deposit account, loan, and branch penetration.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/a830c765dd3aca0000b10c171ddcdbb7863f4130

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Citations in the corpus

The foundations of financial inclusion : understanding ownership and use of formal accounts (2012, background): “…for example, Barr (2004), Hogarth et al. (2004,2005), Rhine and Greene (2006), Rhine et al. (2006) and Gross et al. (2012). per capita), drawing on data collected from bank regulators and supervisors (Beck, DemirgucKunt, and Martinez Peria, 2007; Honohan, 2008; Kendall, Mylenko, and Ponce, 2010).”
ICT, Financial Inclusion, and Growth Evidence from African Countries (2011, methodology): “Building on Kendall, Mylenko, and Ponce (2010), we estimate the effect of mobile phone development on financial inclusion, while controlling for a range of factors Kendall, Mylenko, and Ponce (2010) have found important in explaining cross-country variations in deposit account and loan penetration…”
Resolving the African Financial Development Gap: Cross-Country Comparisons and a Within-Country Study of Kenya (2012, unknown): “In line with these facts, Kendall et al. (2010) report that the”
Is financial inclusion good for bank stability? International evidence (2017, background): “…decades, the banking sectors in the 3 Recent study suggests that almost 2.5 billion adults, just over half of the world’s adult population, do not use any form of formal financial services, where 19% and 72% of them are from developed and developing countries, respectively (Kendall et al., 2010).”
Mobile Phones, Financial Inclusion, and Growth (2012, methodology): “31 We also tested the effect of inflation and banking concentration on financial inclusion as in Kendall, Mylenko, and Ponce (2010), but none was significant.”
The Impact of Financial Inclusion on Economic Growth, Poverty, Income Inequality, and Financial Stability in Asia (2020, background): “Khan (2011) also showed that financial inclusion has a negative influence on economic growth.”
Challenges in Banking the Rural Poor: Evidence from Kenya's Western Province (2015, unknown): “Chaia et al. (2009) combine a number of data sources to estimate that only about 20% of households in Sub-Saharan Africa were banked in the early 2000s.1 While there has been some progress in recent years, Kendall et al. (2010) obtain similar results using more recent data.”
Access to Financial Services and the Financial Inclusion Agenda Around the World: A Cross-Country Analysis with a New Data Set (2011, unknown): “Kendall et al. (2010) predict that approximately 2.7 billion adults in the developing world and 160 million adults in the developed countries are unbanked using data from Financial Access 2009 as well as other sources.”
The Cost of Convenience? (2017, unknown): “Recent estimates suggest that nearly three quarters of individuals in developing countries are unbanked (Kendall et al. 2010), and in Sub-Saharan Africa, this estimate reaches 80 percent (Chaia et al.”