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This study analyzes the drivers of the use of formal vs. informal financial services in emerging and developing countries using the 2017 Global FINDEX data. In particular, we investigate whether individuals' choice of financial services correlates with macro-financial and macro-structural...
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finance, and microcredit/ microfinance. It goes on to discuss various empirical and institutional studies of these dimensions … of financial inclusion in the context of developing countries. The paper then outlines several recent studies for India … time and risk, the interaction of different dimensions of financial inclusion, the importance of details of policy design …
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, financial inclusion, and microfinance, using Mauritania as a case study. We used a mixed-methods’ methodology that combines … dimensions, yielding four quadrants: Attractive, industrious, moderate, and resource cursed. We expected that sparsely populated … microfinance is facing in Mauritania and provided recommendations to overcome these. As in most case studies, external validity was …
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