Financial Inclusion and Monetary Policy: A Review of Literature

Simona Elena Ciobanu
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Simona Elena Ciobanu: Alexandru Ioan Cuza University of Iasi, Romania

Economics and Applied Informatics, 2024, issue 3, 314-324

Abstract: We conducted a literature review of some of the most important studies over the last few years (2007-2024) to highlight the main variables used and to emphasize the main findings and practical research directions. The study shows that financial inclusion positively influences monetary policy, leading to the fulfillment of its objectives through the dimensions of access, use and availability of financial products and services. Thus, with an inclusive monetary policy, economic growth can be achieved without generating inflationary potential. Some papers also argue that there is a bidirectional relationship between monetary policy and financial inclusion, as they influence each other.

Keywords: financial inclusion; monetary policy; inflation; accessibility; use; availability; financial services; digitalization (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fseeai:y:2024:i:3:p:314-324

DOI: 10.35219/eai15840409457

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