This paper reviews the impact of financial inclusion on economic development outcomes. It highlights the benefits of financial inclusion, including greater savings, improved resilience to economic shocks, and higher levels of economic empowerment, among others. It looks deeper into both the...

Financial inclusion is an important enabler of economic development and aligns with several United Nations Sustainable Development Goals. In most sub-Saharan African countries, financial inclusion efforts take place in the presence of concentrated and bank-dominated systems. This study...

The objective is to present a proposal for a gender-sensitive risk analysis model using artifcial intelligence (AI) within the framework of complex thinking that pro‑ vides access to opportunities, specifcally for vulnerable populations such as women from underprivileged sections. This...

A large share of the global workforce lacks access to employer-sponsored retirement plans. In Colombia, where labor informality is high, the government introduced the Beneficios Economicos Periodicos (BEPS) program to promote voluntary retirement savings. However, many enrollees fail to...

Most countries in Latin America and the Caribbean are implementing fast payment systems (FPS), often with the goal of enhancing access to and use of affordable financial services. FPS offer immediate transfer of funds on a 24x7 basis between end users. This paper assesses how FPS can promote...

Using a dynamic panel data analysis, we explore the factors that influence financial inclusion in sub-Saharan Africa (SSA) and other regions, using member countries of the Organization for Economic Cooperation and Development (OECD) as a benchmark. We employ a system generalized methods of...

This study employs the dynamic panel threshold estimation technique to examine whether the influence of financial inclusion on stability varies across countries with different levels of institutional development. This study analyzes 11,209 observations of bank-level data from 78 developed and...

The urgent need to address climate change has placed environmental degradation and sustainable development at the centre of policy discussions. This highlights the importance of examining how the financial system directs funds toward green investments or emission-intensive industries. Expanding...

The complexity of global supply chains and the interconnected nature of resource systems present significant challenges in ensuring equitable resource access and management. Good governance and an effective financial system are vital for managing natural resources sustainably. This study...

This paper analyses the relationship between financial inclusion and the economic and social development in Mexico. For this quantitative research, a study sample composed by 448 observations during the 2007-2020 was analyzed using fixed effect estimations with instrumental variables 2SLS....

As digital technologies rapidly transform global economies, the digital financial inclusion index (DFII) has emerged as a critical driver of economic growth, particularly in developing regions. In the context of China, where regional economic disparities persist, the expansion of digital...

This study analyses income dynamics and economic vulnerability in the Republic of Moldova between 2019 and 2023, using data on income and expenditures from the Household Budget Survey conducted by the National Bureau of Statistics. The findings reveal significant socio-demographic disparities,...

This paper investigates the effect of digital financial inclusion, creative innovations, and green finance on the stability of the national banking system in twenty-nine low-financially developed economies spanning the period 2011-2021. We demonstrate that digital financial inclusion promotion...

This study examines FinTech adoption in the Palestinian banking sector, highlighting its role in driving innovation, improving customer satisfaction, and ensuring competitiveness. Using an extended Technology Acceptance Model (TAM) and SmartPLS 4.0 software for structural equation modeling, the...

The purpose of this research is to examine the relationship between digital financial inclusion and economic growth in the SADC countries, while exploring the crucial moderating role of institutions. The digital financial inclusion (DFI) and institutional quality indices were constructed via...

The inclusive and environmentally sustainable transformation of economic growth is a crucial indicator for the high-quality development of urban areas. In this perspective, this paper explores the connection between digital inclusive finance and inclusive green growth in 270 Chinese cities from...

The integration or resettlement efforts aimed at self-reliance of refugees are requisite for their adaptation to social and economic shocks and consequently to their human development and contribution to economic growth. This study analyses the drivers of financial inclusion and social...

Access to finance and equal economic opportunities are crucial for female entrepreneurs, fostering business growth and economic participation. Drawing on interviews with key stakeholders involved in the legal reform processes, this Brief examines how Sierra Leone made strides in its reform...

We empirically examine the causal impact of women's financial inclusion on their exposure to Intimate Partner Violence (IPV) in India using data from the fifth round of the National Family Health Survey. However, establishing a causal link between women's financial inclusion and IPV is...

This paper examines the transition from exclusive card network-acquirer relationships to a multi-acquiring model. Using the case of Uruguay's adoption of multi-acquiring in 2022, as part of a broader financial inclusion program, we document significant market dynamics, including restructured...

Purpose - The literature review stated that financial inclusion (FI) influences economic growth through different channels. Hence, this paper aims to investigate the underlying process of FI in Egypt theoretically, and to derive some policy implications for promoting the process and achieving...

Purpose - Financial inclusion is a prerequisite for inclusive development. In 2014, the Indian Government introduced the Pradhan Mantri Jan-Dhan Yojana (PMJDY) with a similar objective. The study aims to analyse the effectiveness of banks in the implementation of financial inclusion policy, i.e....

This paper investigates strategies of European microfinance institutions (MFIs) and inclusive FinTech organisations to address financial and digital illiteracy among vulnerable customers. It reveals that both MFIs and FinTech organisations focus on personalised financial education, training and...

Retail central bank digital currencies (CBDCs) and fast payment systems (FPS) share a number of similarities. Both allow for instant transactions for end users, can rely on underlying infrastructures operated by the central bank and can allow for an important role for private payment service...

This volume provides insights and lessons learned from a range of fast payment systems (FPS). Over 100 jurisdictions worldwide, including 15 jurisdictions in Latin America, have implemented FPS, which are a promising tool to improve people's payment experience, access to financial services and...

Despite questions surrounding their reliability, much of the financial literacy literature continues to rely on simple metrics - without checking whether using an alternative might yield different findings. The present paper does just that: we replicate two prior studies and substitute the...