Financial Inclusion and Its Effects on Economic Disparity in Latin America
Keywords:
financial inclusion, economic disparity, Latin America, banking, inequalityAbstract
This study investigates the role of financial inclusion in addressing economic disparity in Latin America. By examining access to banking services, digital payment systems, and microfinance, the research evaluates their impact on income distribution and poverty alleviation. The study uses a combination of field research and statistical analysis to identify key factors driving financial inclusion. It presents policy recommendations to enhance access to financial services, particularly for marginalized communities. Findings underscore the potential of financial inclusion to reduce economic inequality and foster inclusive growth in the region, drawing lessons for global application.
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