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This paper investigates how financial inclusion correlates with development across different countries.

Financial Inclusion and Development

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Empirical analysis finds links between financial inclusion and socio-economic factors in various countries, suggesting implications for policy.

This paper investigates how financial inclusion correlates with development across different countries.
Analyzed country-specific factors influencing financial inclusion
Considered socio-economic and infrastructure variables
Evaluated the relationship between banking sector health and financial inclusion
Human development levels are closely associated with financial inclusion
Income, inequality, literacy, urbanization, and connectivity infrastructure are key factors
Banking sector health does not consistently affect financial inclusion, but ownership patterns are significant

Sarma et al. (2010) studied this question.

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Empirical analysis finds links between financial inclusion and socio-economic factors in various countries, suggesting implications for policy.