Financial Inclusion and Economic Growth in Developing Nations: A Case Study of Bangladesh

Amena Hasan, Asif-Ud Dowla and Ramisa Tarannum

MPRA Paper from University Library of Munich, Germany

Abstract: This research paper examines the impact of financial inclusion on the economic growth of developing nations, with a focus on Bangladesh. It reviews existing literature and develops hypotheses related to savings, capital mobilization, entrepreneurship, poverty alleviation, financial stability, and formalization of the economy. The paper presents a conceptual framework illustrating the pathways between financial inclusion and economic growth indicators. Data analysis shows a positive correlation between financial inclusion and GDP growth, as well as a link to poverty reduction. The paper concludes with policy implications for promoting financial inclusion in Bangladesh.

Keywords: Financial inclusion; economic growth; Bangladesh; poverty alleviation; financial stability (search for similar items in EconPapers)
JEL-codes: D8 E4 H3 M2 (search for similar items in EconPapers)
Date: 2024-01-10, Revised 2024-02-08
New Economics Papers: this item is included in nep-ban, nep-fdg, nep-fle, nep-gro, nep-pay and nep-sbm
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Forthcoming in The Co 57.1(2024): pp. 37-53

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