Publication:
Financial Exclusion in Latin America - Or the Social Costs of Not Banking the Urban Poor

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dc.contributor.authorSolo, T. M.
dc.date.accessioned2012-03-30T07:32:25Z
dc.date.available2012-03-30T07:32:25Z
dc.date.issued2008
dc.description.abstractThis paper summarizes the findings of research in Bogota, Colombia and Mexico City on the use of financial services by the urban population. The focus is on the majority of persons who have no relation whatever with a formal bank, cooperative or credit union. The paper identifies the characteristics of those who are "unbanked" and the range of reasons for their exclusion. It also discusses the multiple and considerable costs that this exclusion imposes on the unbanked population, as well as the loss in income that results for formal sector financial institutions. The paper concludes by describing some measures taken to extend financial services to the low-income population, and proposes the importance of linking "financial inclusion" to programmes of urban development and upgrading focused on the poor in developing countries.en
dc.identifier.citationEnvironment and Urbanization
dc.identifier.issn0956-2478
dc.identifier.urihttps://hdl.handle.net/10986/5350
dc.language.isoEN
dc.relation.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights.holderWorld Bank
dc.titleFinancial Exclusion in Latin America - Or the Social Costs of Not Banking the Urban Pooren
dc.title.alternativeEnvironment and Urbanizationen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.doctypeJournal Article
okr.externalcontentExternal Content
okr.identifier.doi10.1177/0956247808089148
okr.identifier.externaldocumentum2036
okr.identifier.internaldocumentumWOS:000255580600004
okr.journal.nbpages47-66
okr.language.supporteden
okr.peerreviewAcademic Peer Review
okr.region.countryColombia
okr.region.countryMexico
okr.volume20
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