Enhancing Financial Inclusion in Developing Countries: Addressing the Gaps

Pami Dua, Deepika Goel (), Neha Verma () and Neeraj Kumar ()
Additional contact information
Deepika Goel: Aryabhatta College, University of Delhi
Neha Verma: Kirori Mal College, University of Delhi
Neeraj Kumar: Government of India, Department of Economic Affairs, Ministry of Finance

Chapter 2 in Financial Inclusion for Viksit Bharat, 2026, pp 49-90 from Springer

Abstract: Abstract In recent years, financial inclusion—measured by access to, usage of, and quality of financial products and services—has improved markedly across nations and regions. Yet, in many developing economies, significant disparities persist, particularly along lines of gender, age, income, education, and occupation. These inequalities not only hinder inclusive growth but also exacerbate vulnerabilities in countries already exposed to economic shocks and climate-related risks, owing to fragile institutional, regulatory, and social frameworks. Drawing on data from the World Bank’s Global Findex Database (2011–2025), this chapter explores these persistent gaps and the urgent need for targeted solutions. It is argued that developing economies must adopt innovative policy approaches, ranging from strengthening digital infrastructure and expanding access to tailored financial services to promoting financial literacy and institutional resilience. Such strategies are essential not only to bridge the financial inclusion divide but also to enhance adaptive capacity and resilience in the face of growing climate and economic challenges.

Date: 2026
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-92-0807-4_2

Ordering information: This item can be ordered from
http://www.springer.com/9789819208074

DOI: 10.1007/978-981-92-0807-4_2

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().