Financial inclusion as a pillar of sustainable growth: International experience

Autor:	Cuéllar Pavón Lilianne
Rok vydání:	2021
Předmět:	Financial inclusion Economic policy Pillar Economics Sustainable growth rate General Economics Econometrics and Finance General Business Management and Accounting
Zdroj:	Ekonomski horizonti. 23:107-121
ISSN:	2217-9232 1450-863X
Popis:	As proposed by the current theoretical framework, the fact that the economic growth of a country depends not only on the formation of physical and human capital and the sustainable exploitation of its natural resources, but also on the financial inclusion that allows economic agents to find solutions to liquidity restrictions and channel savings towards productive investment is exhibited in this paper. By matching multiple databases, static and dynamic panel estimates are developed, verifying the robustness of results and the endogenous nature of economic growth. The current research demonstrates that social inclusion is not only the desired result of economic growth, but a required input for its future sustainability.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::60b9ed350ee2ed7a8d73700ea763b26e https://doi.org/10.5937/ekonhor2102107p Zobrazit plný text záznamu Plný text ve formátu PDF