Theories of Financial Inclusion

ArXiv ID: ssrn-3526548 “View on arXiv”

Authors: Unknown

Abstract

This article presents several theories of financial inclusion. Financial inclusion is defined as the availability of, and the ease of access to, basic formal fi

Keywords: Financial Inclusion, Formal Finance, Economic Development, Banking Accessibility, Credit

Complexity vs Empirical Score

• Math Complexity: 1.5/10
• Empirical Rigor: 2.0/10
• Quadrant: Philosophers
• Why: The paper is a conceptual review that categorizes existing theories of financial inclusion without presenting new mathematical models or empirical data analysis. It focuses on theoretical frameworks and policy discussions rather than quantitative methods or backtesting.

  flowchart TD
    A["Research Goal: Explore Theories of Financial Inclusion"] --> B["Methodology: Literature Review of Key Theories"]
    B --> C["Data: Academic Papers & Economic Studies"]
    C --> D["Computational Process: Analysis of Access Barriers & Impacts"]
    D --> E{"Outcomes"}
    E --> F["Theory 1: Supply-Side Constraints"]
    E --> G["Theory 2: Demand-Side Barriers"]
    E --> H["Theory 3: Institutional Frameworks"]
    F & G & H --> I["Key Finding: Link between Formal Finance & Economic Development"]