Financial Inclusion, Inequality and Women in Politics and Business

This present study examines the role of financial inclusion dynamics (depth, access and efficiency) in mitigating the incidence of income inequality on gender inclusion in terms of women in business and women in politics. The following main findings are established. Income inequality reduces gender inclusion while financial inclusion dynamics dampen the negative effect of income inequality on gender inclusion. The corresponding net effects are negative. Considering positive conditional or interactive effects and the negative net effects, financial institution thresholds at which income inequality no longer reduces gender inclusion are provided and discussed. Policy implications are discussed.