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Channels Through Which Financial Inclusion Reduces Poverty, What is the Role of 4IR, Digital Technologies in This Process?

David Mhlanga ()
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David Mhlanga: University of Johannesburg

Chapter Chapter 11 in Digital Financial Inclusion, 2022, pp 195-212 from Palgrave Macmillan

Abstract: Abstract The chapter's goal is to demonstrate how financial inclusion can contribute to the eradication of poverty. To determine the many ways financial inclusion can help fight poverty, a thorough assessment of the literature was conducted. The study also examines how innovations from the Fourth Industrial Revolution relate to the eradication of poverty. The chapter emphasizes how the relationship between the growth of the financial markets, economic growth, and the alleviation of poverty has been a major issue in the study of economics and interest in the connection between financial development and economic growth has increased since the start of the 2007 financial crisis. Again, the chapter demonstrates that while there are theories explaining the relationship between financial inclusion and poverty, they are not always accurate and exact. The chapter concludes by demonstrating how digital financial inclusion affects poverty.

Keywords: Channels; Financial Inclusion; Poverty (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psifcp:978-3-031-16687-7_11

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DOI: 10.1007/978-3-031-16687-7_11

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