The Nexus of Financial Inclusion and Financial Stability : A Study of Trade-Offs and Synergies

Policy makers and regulators have devoted much effort to reforms aimed at improving financial stability in response to lessons from the 2007-09 crisis. At the same time, much effort has also been directed to promoting greater financial inclusion as...

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Bibliographic Details
Main Authors:	Cihak, Martin, Mare, Davide S., Melecky, Martin
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2016
Subjects:	MONETARY POLICY WITHDRAWAL DEPOSIT CAPITAL MARKETS FINANCIAL SERVICES REGULATORY FRAMEWORK MARGINAL TAX RATES BORROWER CREDIT CARDS DEPOSITS CUSTOMER URBANIZATION BANK FOR INTERNATIONAL SETTLEMENTS CALCULATION FINANCIAL DEEPENING PRINCIPAL INCOME INTEREST LIFE INSURANCE LAWS CONTRIBUTION FINANCIAL LITERACY WORTH INTEREST RATE BANKING SYSTEM INCOME GROUP SVERIGES RIKSBANK STRATEGIES PURCHASES BANKING SERVICES INFORMATION SERVICES BANK ACCOUNT PUBLIC SERVICES BANKING SYSTEMS WORKING AGE POPULATION MORTGAGE WELFARE LOAN BIS PROJECTS PROBABILITY OF DEFAULT BORROWERS REGRESSION ANALYSES OWNERSHIP CREDIT CARD SAVING CENTRAL BANKS PROVISION OF CREDIT LENDER SAFETY NETS FINANCIAL POLICY BANK LENDING LITERACY KNOWLEDGE PUBLIC POLICY SAVINGS MORTGAGES LOW-INCOME GROUPS FINANCIAL INSTITUTION LOW FINANCIAL LITERACY LIFE INSURANCE POLICY WAGE CONSUMER CREDIT RECENT LOAN PROBABILITY PRECAUTIONARY SAVINGS CHECKING EXTERNALITIES FINANCIAL INSTITUTIONS MARKETS FINANCIAL CUSTOMERS FOREIGN CAPITAL FLOWS FINANCIAL CRISES LOAN APPLICATION LEGISLATION COMMERCIAL BANK LOANS BUSINESS CYCLE LOANS LABOR FINANCIAL OUTCOME ENTERPRISES INVESTMENT OPPORTUNITIES FINANCIAL SYSTEM TRANSMISSION OF MONETARY POLICY INSURANCE POLICY DEBIT CARDS RETURN ON ASSETS FINANCE TAXES BANKING SECTOR SAVINGS ACCOUNT BANKS INVESTMENT DECISIONS EMERGING MARKETS BANKRUPTCY LAWS EQUITY SOCIAL SAFETY NETS SYSTEMIC RISK CONSUMER CAPITAL FINANCIAL STABILITY FINANCIAL POLICIES BANK FAILURES FINANCIAL CRISIS CREDIT ACCESS VALUE FINANCIAL EXCLUSION BANK SYSTEMIC BANKING CRISES CREDIT DEMAND ISLAMIC BANKING WORKING CAPITAL REPAYMENT CAPITAL FLOWS MANDATES TAX RATES DIVERSIFIED PORTFOLIOS ANALYTICAL APPROACH LOW-INCOME EIB FINANCIAL SERVICE DIVERSIFICATION REGRESSION ANALYSIS HOUSEHOLD SAVINGS CREDIT RISK GOVERNANCE INSURANCE ACCESS TO CREDIT MICROFINANCE ECONOMIC DEVELOPMENT FINANCIAL OUTCOMES LOW INCOME LAND EDUCATION FINANCIAL MARKET INVESTMENT FINANCIAL INTERMEDIATION RISK FINANCIAL INTERMEDIARIES WITHDRAWAL RATE COMMERCIAL BANKS DOMESTIC CREDIT SUPPLY RISK MEASUREMENT BANKING INVESTMENTS BORROWING RISK MANAGEMENT LENDING DEBIT CARD BASIC FINANCIAL SERVICES BANKING SUPERVISION WITHDRAWAL RATES CUSTOMERS BANK NEGARA MALAYSIA PROFITS BANKING CRISES LABOR MARKETS FINANCIAL SYSTEMS LIABILITIES FINANCIAL SECTOR GOVERNMENTS LIQUID ASSETS WORKING AGE SECONDARY EDUCATION DEVELOPMENT BANK NONPERFORMING LOANS FINANCIAL DEPTH GOVERNMENT INTERVENTION INCOME GROUPS
Online Access:	http://documents.worldbank.org/curated/en/2016/06/26511052/nexus-financial-inclusion-financial-stability-study-trade-offs-synergies http://hdl.handle.net/10986/24639