Determinants accelerating global financial inclusion index

Author: 
Dr Chitra Gounder, Prof Nivedita Nawge and Prof Vijay Prabhu

One of the main development agenda of IMF from 2015 was to put financial inclusion as a key objective for UN Member Countries. Financial inclusion is delivery of financial services to vast section of vulnerable group at affordable cost. Many countries are taking the financial Inclusion as their formal target as a step to develop their economy and its growth. Digitalization has tremendous potential to accelerate progress towards financial inclusion and countries are amplifying investment in Digitalization in order to reap benefits of financial inclusion innovation but there are other determinants impacting the Global Financial inclusion. The main of study is find the key determinants which’s has increased the scores of financial inclusion into 21 different countries reflecting political, economic, and geographic diversity. An attempt was made to study, interpret and analyze data from Brookings Financial and Digital Inclusion Project (FDIP) 2017 in panel data for different countries for three consecutive years with perspective to find determinants accelerating on Global Financial Inclusion

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DOI: 
http://dx.doi.org/10.24327/ijcar.2019.18491.3535
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