Financial Inclusion in the Context of Sustainable Development of Rural Areas

Abramova Iryna (), Nedilska Larysa (), Kurovska Nataliia () and Martynyuk Halyna ()
Additional contact information
Abramova Iryna: Assoc. Prof. Dr. Polissia National University, Old Boulevard 7, Zhytomyr, Zhytomyr region, 10008, Ukraine. Phone No. +380968766380.
Nedilska Larysa: Assoc. Prof. Dr. Polissia National University, Old Boulevard 7, Zhytomyr, Zhytomyr region, 10008, Ukraine.
Kurovska Nataliia: Assoc. Prof. Dr. Polissia National University, Old Boulevard 7, Zhytomyr, Zhytomyr region, 10008, Ukraine.
Martynyuk Halyna: PhD Polissia National University, Old Boulevard 7, Zhytomyr, Zhytomyr region, 10008, Ukraine.

Management Theory and Studies for Rural Business and Infrastructure Development, 2021, vol. 43, issue 3, 328-336

Abstract: Financial inclusion is a means to make full use of financial services, which stimulates the introduction of innovation, mobilization of savings and investment support, and thus contributes to the economic development of territories. The purpose of the study is to substantiate scientific and practical approaches to determining the role and place of financial inclusion in sustainable development of rural areas. The state of financial inclusion in rural areas has been assessed having applied the statistical-economic and calculation-constructive methods. The abstract-logical method made it possible to prove the positive impact of financial inclusion on the sustainable development of rural areas and to offer proposals for its further advancement. It has been argued that the key tasks of financial inclusion in the context of sustainable development of rural areas are financial education, access to financial services, and protection of the rights of consumers of financial services.

Keywords: financial education; financial inclusion; financial literacy; financial service; payment infrastructure; rural areas; rural development (search for similar items in EconPapers)
JEL-codes: G2 O1 R1 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.15544/mts.2021.29 (text/html)

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:vrs:mtrbid:v:43:y:2021:i:3:p:328-336:n:9

DOI: 10.15544/mts.2021.29

Access Statistics for this article

Management Theory and Studies for Rural Business and Infrastructure Development is currently edited by Rasa Pakeltienė

More articles in Management Theory and Studies for Rural Business and Infrastructure Development from Sciendo
Bibliographic data for series maintained by Peter Golla ().