Financial Inclusion in the Digital Economy-A Report of ADB
| Vol-3 | Issue-09 | September 2018 | Published Online: 07 September 2018 PDF ( 256 KB ) | ||
| Author(s) | ||
| Dr. Fulwinder Pal Singh 1 | ||
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1Associate Professor of Economics cum Principal, SBJS Khalsa College, Satlani Sahib, Amritsar (India) |
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| Abstract | ||
Inadequate access to financial services is a problem facing a significant portion of the population across the world. However, the nature of the challenges varies significantly among developed and developing countries, and even between different groups of the population in the same country and region. only 62 percent of the adults globally have access to basic financial services, defined as having a bank account or a mobile money account. Small enterprises face similar challenges in access to credit that limits their ability to grow and thrive. |
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| Keywords | ||
| financial services, ability to grow and thrive, Inadequate access | ||
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