Financial Inclusion

Author: Ms. Ratna Sahay   Martin Cihak   Mr. Papa N'Diaye   Mr. Adolfo Barajas   Ms. Srobona Mitra   Annette Kyobe   Yen Nian Mooi   Mr. Reza Yousefi  

Publisher: INTERNATIONAL MONETARY FUND‎

Publication year: 2015

E-ISBN: 9781513520797

Subject: F0 Economics;F8 Finances

Language: ENG

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Chapter

INTRODUCTION

PREVIOUS EVIDENCE ON MACROECONOMIC EFFECTS

CONCEPT, EXAMPLES, AND STYLIZED FACTS

A. Financial Inclusion: A Multifaceted Concept

B. Five Stylized Facts

FINANCIAL INCLUSION AND GROWTH

FINANCIAL INCLUSION AND STABILITY

FINANCIAL INCLUSION AND INEQUALITY

POLICY MESSAGES

ANNEX I. DATA ON FINANCIAL INCLUSION

ANNEX II. EMPIRICAL APPROACH: FINANCIAL INCLUSION AND GROWTH

ANNEX III. EMPIRICAL APPROACH—FINANCIAL INCLUSION AND STABILITY

REFERENCES

BOXES

1. Promoting Safe Financial Inclusion: Country Examples

2. Stability Implications of Including Women in Bank and Supervisory Boards

FIGURES

1. Account Holders and Credit Users Have Increased between 2011 and 2014

2. Use of Accounts and Small Firms Access to Credit in 2014

3. Gender Gap in Accounts in 2014

4. Gaps in Supervisory Quality

5. Financial Inclusion and Growth

6. Credit Extension and Bank Stability

7. Broader Credit Access and Economic Stability

8. Financial Inclusion and Income Inequality

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