Decentralized Environmental Regulations and Plant-Level Productivity
By Asli Demirgüç-Kunt, L. Klapper, Dorothe Singer, P. Oudheusden. 2015
392 citations recorded by the source corpus.
The Global Financial Inclusion (Global Findex) database, launched by the World Bank in 2011, provides comparable indicators showing how people around the world save, borrow, make payments, and manage risk. The 2014 edition of the database reveals that 62 percent of adults worldwide have an account at a bank or another type of financial institution or with a mobile money provider. Between 2011 and 2014, 700 million adults became account holders while the number of those without an account—the unbanked—dropped by 20 percent to 2 billion. What drove this increase in account ownership? A growth in account penetration of 13 percentage points in developing economies and innovations in technology—particularly mobile money, which is helping to rapidly expand access to financial services in Sub-Saharan Africa. Along with these gains, the data also show that big opportunities remain to increase financial inclusion, especially among women and poor people. Governments and the private sector can play a pivotal role by shifting the payment of wages and government transfers from cash into accounts. There are also large opportunities to spur greater use of accounts, allowing those who already have one to benefit more fully from financial inclusion. In developing economies 1.3 billion adults with an account pay utility bills in cash, and more than half a billion pay school fees in cash. Digitizing payments like these would enable account holders to make the payments in a way that is easier, more affordable, and more secure.
Subfields: Accounting, Economics and Econometrics, Management Information Systems
View Paper: https://www.semanticscholar.org/paper/af9233e8dabd63af285814dc36d5f379f4ed0f3a
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Citations in the corpus
- Is fin-tech the new panacea for poverty alleviation and local development? Contesting Suri and Jack’s M-Pesa findings published in Science (2019, neutral): “…a major role to play in achieving the UN’s Sustainable Development Goals (SDGs) (UNCDF 2018), and Suri and Jack’s article has rapidly become a cornerstone of the recent raft of uplifting articles on fin-tech (for example, see Beck and Frame 2018; Demirgüç-Kunt et al. 2015; Dupas et al. 2018).”
- Determinants of the Performance of Microfinance Institutions: A Systematic Review (2018, positive): “According to Demirg¨uc¸-Kunt et al. (2015) in 2014, around 2 billion adults worldwide were still unbanked, that is they did not have an account with or access to credit from a formal financial institution, such as a bank.”
- The Aggregate and Distributional Effects of Financial Globalization: Evidence from Macro and Sectoral Data (2018, neutral): “…low financial inclusion—identified as the ratio of adults in the population who have borrowed from a formal financial institution in past years (Demirguc-Kunt et al. 2015); and (iii) episodes that have been followed by financial crises in the 5 years following the liberalization—the same…”
- Is financial inclusion good for bank stability? International evidence (2017, neutral): “Since financial exclusion has been identified by policy makers as a key barrier to development globally, expanding banking services to people has been prioritised by governments to make financial inclusion a reality (Demirgüç-Kunt et al., 2015).”
- Does financial inclusion reduce poverty and income inequality in developing countries? A panel data analysis (2020, positive): “In addition, financial inclusion makes growth inclusive: access to finance can enable economic agents to take part in long-term participatory investment activities, facilitate efficient allocation of productive resources and thus reduce the cost of capital, cope with unexpected short-term shocks, si”
- The determinants of financial inclusion in Africa (2016, positive): “Levels of financial inclusion Demirgüç-Kunt et al. (2015) give global statistics about nancial inclusion with 2014 data from the Global Findex atabase.”
- Financial inclusion and green economic efficiency: evidence from China (2021, neutral): “Previous studies have concentrated on ways to measure financial inclusion (e.g. Chakravarty and Pal 2013; Demirg€uc-Kunt and Klapper 2013; Demirg€uc-Kunt et al. 2015; Fung a cov a and Weill 2015; Sarma 2010; Sarma and Pais 2011), but no unified measurement has been attained.”
- Factors influencing adoption of payments banks by Indian customers: extending UTAUT with perceived credibility (2019, neutral): “Only half of the adult population in developing countries – precisely 54 per cent – has access to bank accounts, compared to a whopping 94 per cent in OECD countries (Demirguc-Kunt et al., 2015).”