Bank-based Financial Intermediation for Financial Inclusion and Inclusive Growth

Vighneswara Swamy

MPRA Paper from University Library of Munich, Germany

Abstract: Financial Inclusion for inclusive growth is a topic of contemporary significance and relevance. This study besides establishing the growth enhancing role of bank-based financial intermediation through empirical evidence has also found that access to finance by the poor is a prerequisite for poverty reduction in order to achieve inclusive growth and sustainable economic development. The study has evaluated using appropriate statistical techniques the impact of financial inclusion efforts on the inclusive growth in the case of a developing economy like India by considering the most reliable data for the period from 1975 to 2007. The theoretical and empirical analysis leads us to conclude that bank led financial inclusion has definitive advantages for inclusive growth in developing economies.

Keywords: Government Policy and Regulation, Economic Development and Financial Markets; Financial Inclusion; Institutions and Growth (search for similar items in EconPapers)
JEL-codes: G2 G21 (search for similar items in EconPapers)
Date: 2010-03
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15)

Published in Banks and Bank Systems 4.5(2010): pp. 63-73

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/47510/1/MPRA_paper_47510.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/49602/8/BBS_en_2010_4_Swamy.pdf revised version (application/pdf)

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:pra:mprapa:47510

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().