Publication:
Financial Inclusion and Stability : What Does Research Show?

dc.contributor.author Cull, Robert
dc.contributor.author Aslı Demirgüç-Kunt
dc.contributor.author Lyman, Timothy
dc.date.accessioned 2012-08-13T08:36:34Z
dc.date.available 2012-08-13T08:36:34Z
dc.date.issued 2012-05
dc.description.abstract A growing body of research suggests that whether broad-based access to formal financial services promotes financial stability depends on how that access is managed within the regulatory and supervisory framework, especially in terms of financial integrity and consumer protection. Four factors come into play: financial inclusion, financial consumer protection, financial integrity, and financial stability. These factors are inter-related and, under the right conditions, positively related. Yet failings on one dimension are likely to lead to problems on others. This brief explores what research to date shows about the linkages and potential beneficial relationships among these factors, and it identifies gaps that remain to be explored. There is limited empirical work exploring the specific linkages between financial inclusion and financial stability. Studies have focused largely on the impact of financial development on growth, income inequality, and poverty reduction. The evidence strongly indicates that, when effectively regulated and supervised, financial development spurs economic growth, reduces income inequality, and helps lift households out of poverty. en
dc.identifier http://documents.worldbank.org/curated/en/2012/05/16542131/financial-inclusion-stability-research-show
dc.identifier.uri http://hdl.handle.net/10986/9443
dc.language English
dc.publisher Washington, DC: World Bank
dc.relation.ispartofseries CGAP Brief
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo/
dc.subject ACCESS TO CREDIT
dc.subject ACCESS TO FINANCE
dc.subject ADVERSE EFFECTS
dc.subject ALLOCATION OF CAPITAL
dc.subject ANTI-MONEY LAUNDERING
dc.subject BAD BANKS
dc.subject BANK BRANCH
dc.subject BANK POLICY
dc.subject BANKING SUPERVISION
dc.subject BANKING SYSTEM
dc.subject BANKS
dc.subject BARRIER
dc.subject CAPITALIZATION
dc.subject COLLEGE DEGREE
dc.subject COMMERCIAL BANKING
dc.subject CONSUMER PROTECTION
dc.subject CORRUPTION
dc.subject COUNTRY LEVEL
dc.subject DEBT
dc.subject DEREGULATION
dc.subject DEVELOPING COUNTRIES
dc.subject DEVELOPMENT BANK
dc.subject DEVELOPMENT ECONOMICS
dc.subject DEVELOPMENT POLICY
dc.subject DIVERSIFICATION
dc.subject DOMESTIC SAVINGS
dc.subject ECONOMIC GROWTH
dc.subject ECONOMIC IMPACT
dc.subject ECONOMICS
dc.subject EDUCATIONAL ATTAINMENT
dc.subject EMERGING MARKETS
dc.subject EMPIRICAL STUDIES
dc.subject EMPIRICAL WORK
dc.subject ENTREPRENEURSHIP
dc.subject FINANCIAL ACCESS
dc.subject FINANCIAL ASSETS
dc.subject FINANCIAL CONSTRAINTS
dc.subject FINANCIAL CRISIS
dc.subject FINANCIAL DEPTH
dc.subject FINANCIAL DEVELOPMENT
dc.subject FINANCIAL EXCLUSION
dc.subject FINANCIAL INFRASTRUCTURE
dc.subject FINANCIAL INTERMEDIATION
dc.subject FINANCIAL LIBERALIZATION
dc.subject FINANCIAL LITERACY
dc.subject FINANCIAL MANAGEMENT
dc.subject FINANCIAL MARKETS
dc.subject FINANCIAL SECTOR
dc.subject FINANCIAL SECTOR POLICIES
dc.subject FINANCIAL SECTOR REGULATION
dc.subject FINANCIAL SECTORS
dc.subject FINANCIAL STABILITY
dc.subject FINANCIAL SYSTEM
dc.subject FINANCIAL SYSTEM STABILITY
dc.subject FINANCIAL SYSTEMS
dc.subject FINANCIAL TOOLS
dc.subject FINANCING OBSTACLES
dc.subject FIRM GROWTH
dc.subject FORMAL FINANCIAL SERVICES
dc.subject GINI COEFFICIENT
dc.subject GLOBAL STANDARD
dc.subject GROWTH RATES
dc.subject HOUSEHOLDS
dc.subject INCOME
dc.subject INCOME DIFFERENTIALS
dc.subject INCOME DISTRIBUTION
dc.subject INCOME INEQUALITY
dc.subject INCOME SHARE
dc.subject INCOMES
dc.subject INEQUALITY
dc.subject INFORMAL SAVINGS
dc.subject INSURANCE
dc.subject INVESTMENT OPPORTUNITIES
dc.subject LABOR MARKETS
dc.subject LACK OF KNOWLEDGE
dc.subject LEGAL CONSTRAINTS
dc.subject LONG RUN
dc.subject MANDATES
dc.subject MARKET STABILITY
dc.subject MICROFINANCE
dc.subject OPPORTUNITY COSTS
dc.subject POLICY ISSUES
dc.subject POLICY MAKERS
dc.subject POLICY RESEARCH
dc.subject POLITICAL STABILITY
dc.subject PORTFOLIOS
dc.subject POVERTY ALLEVIATION
dc.subject POVERTY LINE
dc.subject POVERTY REDUCTION
dc.subject PRIVATE SECTOR DEVELOPMENT
dc.subject PRO-POOR
dc.subject REGULATORS
dc.subject RELATIVE WAGE
dc.subject RESERVE
dc.subject RESERVE BANK
dc.subject RESERVE BANK OF INDIA
dc.subject RURAL BANKS
dc.subject SAVINGS
dc.subject SAVINGS PRODUCTS
dc.subject SMALL BUSINESS
dc.subject SMALL LOANS
dc.subject SMALL SAVERS
dc.subject SOCIAL BANKING
dc.subject STABLE ECONOMY
dc.subject STABLE SOCIETY
dc.subject SUPERVISORY FRAMEWORK
dc.subject SYSTEMIC RISK
dc.subject UNDERDEVELOPED FINANCIAL SYSTEMS
dc.subject UNSECURED DEBT
dc.subject WAGE RATES
dc.subject WHITE PAPER
dc.title Financial Inclusion and Stability : What Does Research Show? en
dspace.entity.type Publication
okr.date.disclosure 2012-07-26
okr.doctype Publications & Research :: Brief
okr.doctype Publications & Research
okr.docurl http://documents.worldbank.org/curated/en/2012/05/16542131/financial-inclusion-stability-research-show
okr.globalpractice Poverty
okr.globalpractice Finance and Markets
okr.globalpractice Trade and Competitiveness
okr.identifier.externaldocumentum 000333038_20120726025845
okr.identifier.internaldocumentum 16542131
okr.identifier.report 71305
okr.language.supported en
okr.pdfurl http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/07/26/000333038_20120726025845/Rendered/PDF/713050BRI0CGAP0f0FinancialInclusion.pdf en
okr.topic Banks and Banking Reform
okr.topic Finance and Financial Sector Development :: Debt Markets
okr.topic Private Sector Development :: Emerging Markets
okr.topic Finance and Financial Sector Development :: Access to Finance
okr.topic Poverty Reduction :: Achieving Shared Growth
okr.unit Consultative Group to Assist Poor
okr.volume 1 of 1
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