Equitable Development and Financial Inclusion: Recent Empirical Research Review

Equitable Development and Financial Inclusion: Recent Empirical Research Review

Authors

  • Faiza Ali Ms Scholar department of Management Science Riphah International University Islamabad
  • Miss Nayyab Shah Ms Scholar department of Management Science Riphah International University Islamabad

Keywords:

economic development, financial inclusion, inclusive growth

Abstract

A growing corpus of scholarly research indicates that individuals, particularly women and individuals with low incomes, derive significant advantages from accessing appropriate financial services. This study provides an overview of financial inclusion on a worldwide scale, while also examining the existing empirical data on the advantages of utilizing financial products, such as loans, savings accounts, insurance, and payment services, in relation to inclusive growth and economic development. In addition to engaging in a discourse on prospective areas of research, this study also endeavors to tackle some impediments that hinder the advancement of financial inclusion.

 

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Published

2024-03-31
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