Financial Inclusion and Human Development: A Cross-country Evidence

  title={Financial Inclusion and Human Development: A Cross-country Evidence},
  author={K. Nanda and M. Kaur},
  journal={Management and Labour Studies},
  pages={127 - 153}
Of late, financial inclusion has assumed a development policy priority in many countries. To consider the importance of the same, this study attempts to compute a comprehensive, cross-country index of financial inclusion (IFI), and use it to measure progress of financial inclusion in 68 countries from 2004 through 2008, to 2012. With the mean IFI value upgrading from 0.292 (low inclusion level) in 2004 to 0.332 (medium inclusion level) in 2012, the article exhibits a general improvement in the… Expand

Figures and Tables from this paper

Determinants of Financial Inclusion: Comparative Study of Asian Countries
Using panel data of twenty Asian countries over a period of six years (2011-2016), this research investigated the key determinants of financial inclusion among Asian countries via the Random EffectsExpand
Financial Inclusion’s Role in Economic Growth and Human Capital in South Asia: An Econometric Approach
Many of the 2030 sustainable development goals have targeted the strengthening of financial inclusion, which is currently a key policy priority on the agendas of most governments in developingExpand
Financial inclusion and human development: Evidence from Sub-Saharan Africa
ABSTRACT Despite the rapid economic growth recorded since the 1990s, inequality, poverty and unemployment levels remain high in most African countries. As such, achieving socio-economic goals hasExpand
Financial inclusion and economic growth linkage: some cross country evidence
The purpose of this paper is to assess the dynamic impact of financial inclusion on economic growth for a large number of developed and developing countries.,This study uses some panel data modelsExpand
Impact of Financial Inclusion on Individual’s Standard of Living: Empirical Evidence From SAARC Countries
The aim of this study is to examine the impact of financial inclusion on individual’s standard of living in SAARC countries over the period 2004 to 2015. With the help of IMF database, the study hasExpand
Financial inclusion in Africa: does it promote entrepreneurship?
Financial inclusion policy focuses on bringing the less privileged groups into the formal financial system. Financial inclusion has a lot of benefits in the society. It can reduce the level ofExpand
A discourse analysis of financial inclusion: post-liberalization mapping in rural and urban India
The purpose of this study is to measure the availability, accessibility and usability of financial products and services in both rural and urban India from 1991 to 2014.,This paper uses principalExpand
Financial inclusion matters for economic growth in India
The purpose of this paper is to examine the relationship between financial inclusion (FI) and economic growth in India.,To measure FI, a multidimensional time-varying index is proposed following theExpand
Measuring Finance Access: An Enabler for Sustainable Development in the Sultanate of Oman
Development of the financial sector is an important component in achieving the micro-foundations of wealth creation and economic development of a country. An increasingly relevant component in thisExpand
Purpose of the study: This paper tries to review the existing literature on financial inclusion and to discuss the various definitions of financial inclusion, its diverse dimensions comprehensively -Expand


A Theoretical and Quantitative Analysis of Financial Inclusion and Economic Growth
The heterogeneity in view about the financial inclusion prevails across the globe. Since the need of financial products varies from individual to individual and country to country (Kempson andExpand
Index of Financial Inclusion
The promotion of an inclusive financial system is considered a policy priority in many countries. While the importance of financial inclusion is widely recognized, the literature lacks aExpand
Measuring Financial Inclusion: The Global Findex Database
This paper provides the first analysis of the Global Financial Inclusion (Global Findex) Database, a new set of indicators that measure how adults in 148 economies save, borrow, make payments, andExpand
Geographies of financial exclusion: financial abandonment in Britain and the United States
Financial exclusion refers to those processes that prevent poor and disadvantaged social groups from gaining access to the financial system. It has important implications for uneven developmentExpand
Access to Finance and Development : Theory and Measurement
  • 2007
FINANCE IS AT THE CORE OF THE DEVELOPMENT PROCESS. BACKED by solid empirical evidence, development practitioners are becoming increasingly convinced that effi cient, well-functioning fi nancialExpand
Financial Dependence and Growth
Does finance affect economic growth? A number of studies have identified a positive correlation between the level of development of a country's financial sector and the rate of growth of its perExpand
Status of Financial Inclusion in Haryana: An Evidence of Commercial Banks
In this paper, we have analyzed the status of financial inclusion in Haryana from 2001 to 2009, on the basis of deposit and credit accounts per 1000 people, population per bank office, and usesExpand
Financial services provision and prevention of financial exclusion
If you are interested in receiving the electronic newsletter "ESmail" from the European Commission's Directorate-General for Employment, Social Affairs and Equal Opportunities, please send an e-mailExpand
Kept out or opted out?: Understanding and combating financial exclusion
The extent of financial exclusion the processes of financial exclusion unmet needs and the consequences of financial exclusion meeting the needs of financially excluded households summary and policyExpand
Melbourne: Brotherhood of St Laurence and Centre for Public Policy
  • Australia: Griffith University. European Commission
  • 2010