| Description |
1 online resource (33 pages) : color illustrations |
| Series |
IMF staff discussion note ; SDN/15/17 |
|
IMF staff discussion note ; SDN/15/17.
|
| Summary |
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 |
| Notes |
"Ratna Sahay, Martin Čihák, Papa N'Diaye, Adolfo Barajas, Srobona Mitra, Annette Kyobe, Yen Nian Mooi, and Seyed Reza Yousefi." |
|
"Monetary and Capital Markets Department with inputs from Strategy and Policy Review Department and other departments"--Page 2 of pdf |
| Bibliography |
Includes bibliographical references (pages 31-33) |
| Notes |
Online resource; title from PDF title page (IMF Web site, viewed October 9, 2015) |
| Subject |
Financial services industry.
|
|
Economic development.
|
|
Bank loans.
|
|
Financial risk management.
|
|
Banks and banking.
|
|
Equality -- Economic aspects
|
|
economic development.
|
|
Bank loans.
|
|
Banks and banking.
|
|
Economic development.
|
|
Equality -- Economic aspects.
|
|
Financial risk management.
|
|
Financial services industry.
|
|
Credit.
|
|
Finance.
|
|
Financial Inclusion.
|
|
General.
|
|
Government Policy and Regulation.
|
|
Inequality.
|
|
India.
|
|
United States.
|
| Form |
Electronic book
|
| Author |
Sahay, Ratna, author.
|
|
International Monetary Fund. Monetary and Capital Markets Department.
|
|
International Monetary Fund. Strategy, Policy, and Review Department.
|
|
