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Financial Inclusion Expectation Gap

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  • Ozili, Peterson K

Abstract

The objective of this article is to define the financial inclusion expectation gap, offer some insight into the nature and the causes of it, and suggest ways to reduce the gap. The discussion in the article provides helpful insights into this problem towards achieving the United Nations Sustainable Development Goals. It is hoped that such an attempt can provide insights to understand the expectation gap in financial inclusion.

Suggested Citation

  • Ozili, Peterson K, 2023. "Financial Inclusion Expectation Gap," MPRA Paper 116414, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:116414
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    File URL: https://mpra.ub.uni-muenchen.de/116414/1/MPRA_paper_116414.pdf
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    References listed on IDEAS

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    1. Allen, Franklin & Demirguc-Kunt, Asli & Klapper, Leora & Martinez Peria, Maria Soledad, 2016. "The foundations of financial inclusion: Understanding ownership and use of formal accounts," Journal of Financial Intermediation, Elsevier, vol. 27(C), pages 1-30.
    2. Milford Bateman & Ha-Joon Chang, 2012. "Microfinance and the Illusion of Development: From Hubris to Nemesis in Thirty Years," World Economic Review, World Economics Association, vol. 2012(1), pages 1-13, September.
    3. Martin Brown & Benjamin Guin & Karolin Kirschenmann, 2016. "Microfinance Banks and Financial Inclusion," Review of Finance, European Finance Association, vol. 20(3), pages 907-946.
    4. Aaron Mehrotra & James Yetman, 2015. "Financial inclusion - issues for central banks," BIS Quarterly Review, Bank for International Settlements, March.
    5. Adele Atkinson & Flore-Anne Messy, 2013. "Promoting Financial Inclusion through Financial Education: OECD/INFE Evidence, Policies and Practice," OECD Working Papers on Finance, Insurance and Private Pensions 34, OECD Publishing.
    6. repec:wea:worler:v:2012:y:2012:i:1:p:2 is not listed on IDEAS
    7. Sasidaran Gopalan & Ramkishen S. Rajan, 2018. "Foreign Banks and Financial Inclusion in Emerging and Developing Economies: An Empirical Investigation," Journal of International Development, John Wiley & Sons, Ltd., vol. 30(4), pages 559-583, May.
    8. Tarsem Lal, 2018. "Impact of financial inclusion on poverty alleviation through cooperative banks," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 45(5), pages 808-828, May.
    9. Isabelle Guérin & Jean-Michel Servet & Dominique Labie, 2015. "The crises of microcredit," Post-Print halshs-02913573, HAL.
    10. Peterson K. Ozili, 2018. "Impact of digital finance on financial inclusion and stability," Borsa Istanbul Review, Research and Business Development Department, Borsa Istanbul, vol. 18(4), pages 329-340, December.
    11. D’Espallier, Bert & Hudon, Marek & Szafarz, Ariane, 2013. "Unsubsidized microfinance institutions," Economics Letters, Elsevier, vol. 120(2), pages 174-176.
    12. Ozili, Peterson Kitakogelu, 2018. "Impact of Digital Finance on Financial Inclusion and Stability," MPRA Paper 84771, University Library of Munich, Germany.
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    Cited by:

    1. Peterson K. Ozili & David Mhlanga, 2024. "Why is financial inclusion so popular? An analysis of development buzzwords," Journal of International Development, John Wiley & Sons, Ltd., vol. 36(1), pages 231-253, January.

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    More about this item

    Keywords

    Access to finance; banked adults; development; expectation gap; financial inclusion; financial institutions; formal financial services; unbanked adults;
    All these keywords.

    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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