Financial Inclusion and Human Development: A Cross-country Evidence

@article{Nanda2016FinancialIA,
  title={Financial Inclusion and Human Development: A Cross-country Evidence},
  author={K. Nanda and M. Kaur},
  journal={Management and Labour Studies},
  year={2016},
  volume={41},
  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

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