Series: Staff Discussion Notes
Author(s): Ratna Sahay , Martin Cihak , Papa N'Diaye , Adolfo Barajas , Srobona Mitra , Annette Kyobe , Yen Mooi , and Reza Yousefi
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 September 2015
Keywords: Financial services, Economic growth, Inclusive growth, Household credit, Business enterprises, Financial sector, Income inequality, Gender, Economic stability, Financial stability
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...