Exploring the Relationship Between Financial Inclusion and Poverty Reduction

Authors

  • Ashley King
  • Jordan Robinson
  • Jesse Smith

Keywords:

financial inclusion, poverty reduction, microfinance, digital banking, financial literacy

Abstract

This article investigates the relationship between financial inclusion and poverty reduction, with a focus on India and Bangladesh. By analyzing microfinance initiatives, digital banking, and financial literacy programs, the study aims to assess how access to financial services can lift communities out of poverty. Methodologically, it applies a combination of statistical analysis and field surveys to gauge the effectiveness of these initiatives. The findings demonstrate a positive correlation between financial inclusion and poverty alleviation, emphasizing the role of technology in enhancing accessibility.

Author Biographies

Ashley King

Ph.D. in Development Economics
Jawaharlal Nehru University
New Mehrauli Road, New Delhi 110067, India

Jordan Robinson

Ph.D. in Economics
University of Dhaka
Nilkhet Rd, Dhaka 1000, Bangladesh

Jesse Smith

Ph.D. in Economics
Columbia University
116th St & Broadway, New York, NY 10027, USA

References

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Published

2024-11-29

Issue

Section

Articles