Determinants of financial inclusion in Latin America and the Caribbean

Victor Motta and Lauro Emilio Gonzalez Farias

Development in Practice, 2022, vol. 32, issue 8, 1063-1077

Abstract: Financial inclusion is an important determinant of local economic development. Lack of adequate access to formal financial services can have detrimental effects on households, such as hampering liquidity levels. The benefits of financial inclusion could be especially important in Latin America and Caribbean, a region with modest and volatile economic growth, savings, and investment levels. The objective of this paper was to examine the determinants of financial inclusion in Latin America and the Caribbean region. Overall, our results indicate that greater income and education levels are associated with higher probability of financial inclusion.

Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/09614524.2022.2077314 (text/html)
Access to full text is restricted to subscribers.

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:taf:cdipxx:v:32:y:2022:i:8:p:1063-1077

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/cdip20

DOI: 10.1080/09614524.2022.2077314

Access Statistics for this article

Development in Practice is currently edited by Emily Finlay

More articles in Development in Practice from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().