Book

Description

Financial inclusion is considered as a befitting support to help in economic development. This inclusion's gaining currency far and wide as different researchers and policymakers try to probe further into the matter along with its direct or indirect association with the economic and other (external) indicators. The designed pattern of this study underscores financial inclusion in the developed and developing states along with those macro-economic indicators and other factors that (somehow) influence this level of inclusivity. This study examines the effect of economic indicators (GDP, and inflation), human development (HDI), and governance factors (WGI) on financial inclusion; it further draws a comparative analysis for both the developed and developing countries. To assess the healthiness of this level of this inclusion in any state, Financial Access Survey (IMF), along with economic variables i.e., GDP and inflation, and different indexes (HDI and WGI) have vastly been assessed to determine the level of their influence.