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ZENODO
Journal . 2017
License: CC BY
Data sources: ZENODO
ZENODO
Journal . 2017
License: CC BY
Data sources: Datacite
ZENODO
Journal . 2017
License: CC BY
Data sources: Datacite
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Financial Inclusion And Its Implications For Economic Growth

Authors: Dr. (Smt.) Anita Modi; Dr. Chandra Prakash Kulshreshtha;

Financial Inclusion And Its Implications For Economic Growth

Abstract

Financial inclusion, the accessibility and usage of financial services by individuals and businesses, isincreasingly recognized as a crucial driver of economic growth and development. This paper explores therelationship between financial inclusion and economic growth, examining theoretical frameworks, empiricalevidence, and policy implications. It highlights the positive impact of financial inclusion onentrepreneurship, job creation, poverty reduction, and income equality. However, challenges such asinadequate infrastructure, socio-economic disparities, regulatory constraints, technological barriers, andcultural factors hinder efforts to expand financial access. Recommendations for advancing financialinclusion include prioritizing financial education, leveraging technology, fostering an enabling regulatoryenvironment, and promoting collaboration among stakeholders. By implementing targeted strategies andinterventions, policymakers and practitioners can work towards creating a more inclusive financialecosystem that empowers individuals and promotes sustainable economic development.

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    selected citations
    These citations are derived from selected sources.
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    0
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average