EconPapers    
Economics at your fingertips  
 

Access to financial services: a review of the issues and public policy objectives

Stijn Claessens ()

Journal of Financial Transformation, 2006, vol. 17, 16-19

Abstract: Finance is an important component of development, including for the poor. Indeed, much recent empirical evidence has shown that a more developed financial system can help reduce poverty and lower income inequality. In addition to facilitating overall economic growth, finance can help individuals smooth their income, insure against risks, and broaden investment opportunities. Yet, access to finance is limited in many developing countries to few individuals and firms. Policy questions thus arise concerning what determines access to financial services, what barriers may hinder access, whether more general availability of financial services should be a public sector goal, and, if so, what the best means of achieving this are.

Keywords: access to financial services; poverty; growth; developing countries (search for similar items in EconPapers)
JEL-codes: G38 (search for similar items in EconPapers)
Date: 2006
References: Add references at CitEc
Citations View citations in EconPapers (48) Track citations by RSS feed

Downloads: (external link)
http://www.capco.com/files/pdf/67/02_INSTITUTIONAL ... ives%20(Opinion).pdf Full text (application/pdf)

Related works:
Journal Article: Access to Financial Services: A Review of the Issues and Public Policy Objectives (2006)
Working Paper: Access to financial services: a review of the issues and public policy objectives (2005) Downloads
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:ris:jofitr:0867

Access Statistics for this article

Journal of Financial Transformation is currently edited by Prof. Shahin Shojai

More articles in Journal of Financial Transformation from Capco Institute 77 Water Street, 10th Floor, New York NY 10005.
Series data maintained by Prof. Shahin Shojai ().

 
Page updated 2017-12-07
Handle: RePEc:ris:jofitr:0867