Financial exclusion and the importance of financial literacy

Mar'a José Roa and Alejandra Villegas

Chapter 27 in Research Handbook on Measuring Poverty and Deprivation, 2023, pp 283-297 from Edward Elgar Publishing

Abstract: The main aim of this chapter is to review cutting-edge research on the potential relationship between financial education and financial inclusion. To achieve this, we carry out a novel comprehensive review of the related literature. The relation between these two concepts has been studied mainly using national surveys and field experiments. From our review and discussion, we conclude that there is a positive relation between financial literacy and financial inclusion.

Keywords: Development Studies; Economics and Finance; Geography; Research Methods; Sociology and Social Policy (search for similar items in EconPapers)
Date: 2023
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