Artikel

The Impacts of Financial Inclusion on Economic Development: Cases in Asian‑Pacific Countries

Financial inclusion efforts seek to ensure that all members of an economy can have access to and effectively use appropriate financial services. Improving financial inclusion has become a significant concern for developed and developing countries alike. There are many indicators of financial inclusion, the most elementary of which includes having an account in a financial institution. This paper will evaluate the impact of indicators of financial inclusion on economic development. The result shows that correlations exist between large numbers of bank branches, ATMs, domestic credit in the private sector and the increased rate of development in the economy. People will gain a more prosperous life due to this development. The paper also provides recommendations for the governments of developing countries to improve financial inclusion.

Language
Englisch

Bibliographic citation
Journal: Comparative Economic Research. Central and Eastern Europe ; ISSN: 2082-6737 ; Volume: 22 ; Year: 2019 ; Issue: 1 ; Pages: 7-16 ; Warsaw: De Gruyter

Classification
Wirtschaft
General Economics: General
Subject
Asia
account
ATMs
bank
credit
economic development
financial inclusion

Event
Geistige Schöpfung
(who)
Van, Dinh Thi Thanh
Linh, Nguyen Ha
Event
Veröffentlichung
(who)
De Gruyter
(where)
Warsaw
(when)
2019

DOI
doi:10.2478/cer-2019-0001
Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Van, Dinh Thi Thanh
  • Linh, Nguyen Ha
  • De Gruyter

Time of origin

  • 2019

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