 Financial Exclusion in Developing CountriesSantiago Carbo Valverde, Edward P. M. Gardener and Philip Molyneux () Chapter Chapter 8 in Financial Exclusion, 2005, pp 145-168 from Palgrave Macmillan Abstract: Abstract This chapter examines issues relating to financial exclusion in developing countries. There are many parallels between initiatives being made in the developed and developing world to encourage parts of society to make greater use of financial services. Obviously, many developing countries have substantially underdeveloped financial institutions and systems with a much greater part of the population having no financial services. The chapter focuses on the main features of financial exclusion in developing countries and examines various mechanisms that have been suggested to promote financial inclusion covering the role of informal financial networks and various microfinance initiatives. Reference throughout the chapter is made to the broader finance and development literature that also emphasises the promotion of thefinancial services industry as an important driver of economic growth. Keywords: Credit Risk; Banking Sector; Credit Union; Private Credit; Formal Intermediary (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-0-230-50874-3_8 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Studies in Banking and Financial Institutions from Palgrave Macmillan |
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