Financial inclusion is promoted globally by governments and international organizations as a powerful tool for eliminating extreme poverty and accelerating economic progress. Yet, a number of questions about financial inclusion remain. For instance, what progress has been made in the worldwide promotion of financial inclusion in recent years? What motivates households to step in the financial market, and what motivates banks to provide financial services to the poor? What is the impact of financial inclusion on the lives of the poor? Using two sources of data covering global microfinance institutions, i.e. the supply side of financial market, and data covering households in China, i.e. the demand side of financial market, this thesis answers above questions and shed light on the progress, motivations and impact of financial inclusion.
|Qualification||Doctor of Philosophy|
|Place of Publication||[Groningen]|
|Publication status||Published - 2017|