Financial Inclusion : Can it Meet Multiple Macroeconomic Goals?

Using several recently available global datasets, this Staff Discussion Note examines macroeconomic effects of financial inclusion. It finds significant benefits to economic growth from financial inclusion, but the benefits diminish as financial inclusion and depth become large. Broadening access to credit can compromise economic and bank stability in countries with weak bank supervision. Other forms of financial inclusion-such as access to and use of bank accounts, branches, and ATMs-do not hurt stability, and can be promoted extensively. The note finds that gaps in financial inclusion are associated with economic inequality, but the association appears relatively weak.
Publication date: September 2015
ISBN: 9781513585154
$10.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
English
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

financial inclusion , inequality , finance , credit , General , Government Policy and Regulation , General , Government Policy and Regulation

Summary