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

Hasan, Amena and Dowla, Asif-Ud and Tarannum, Ramisa (2024): Financial Inclusion and Economic Growth in Developing Nations: A Case Study of Bangladesh. Forthcoming in: The Co , Vol. 1, No. 57 (February 2024): pp. 37-53.

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.

• Item Type: MPRA Paper
• Language: English
• Keywords: Financial inclusion, economic growth, Bangladesh, poverty alleviation, financial stability
• Subjects: D - Microeconomics > D8 - Information, Knowledge, and Uncertainty; E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates; H - Public Economics > H3 - Fiscal Policies and Behavior of Economic Agents; M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M2 - Business Economics

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