Access to Finance

Recent data compilations show that many poor and nonpoor people in many developing countries face a high degree of financial exclusion and high barriers in access to finance. Theory and empirical evidence point to the critical role that improved access to finance has in promoting growth and reducing...

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Bibliographic Details
Main Authors:	Beck, Thorsten, Demirgüç-Kunt, Asli
Format:	Journal Article
Published:	World Bank 2012
Subjects:	access to finance barriers in access economic development enterprise growth financial exclusion financial markets financial systems inequality information asymmetries transaction costs
Online Access:	http://hdl.handle.net/10986/4485

id	okr-10986-4485
recordtype	oai_dc
spelling	okr-10986-44852021-04-23T14:02:18Z Access to Finance Beck, Thorsten Demirgüç-Kunt, Asli access to finance barriers in access economic development enterprise growth financial exclusion financial markets financial systems inequality information asymmetries transaction costs Recent data compilations show that many poor and nonpoor people in many developing countries face a high degree of financial exclusion and high barriers in access to finance. Theory and empirical evidence point to the critical role that improved access to finance has in promoting growth and reducing income inequality. An extensive literature shows the channels through which finance promotes enterprise growth and improves aggregate resource allocation. There is less evidence at the household level, however, and on the effectiveness of policies to overcome financial exclusion. The article summarizes recent efforts to measure and analyze the impact of access to finance and discusses the unfinished research agenda. 2012-03-30T07:12:37Z 2012-03-30T07:12:37Z 2008-12-01 Journal Article World Bank Economic Review 1564-698X http://hdl.handle.net/10986/4485 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank World Bank Journal Article Mexico Philippines Indonesia China Bangladesh
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
topic	access to finance barriers in access economic development enterprise growth financial exclusion financial markets financial systems inequality information asymmetries transaction costs
spellingShingle	access to finance barriers in access economic development enterprise growth financial exclusion financial markets financial systems inequality information asymmetries transaction costs Beck, Thorsten Demirgüç-Kunt, Asli Access to Finance
geographic_facet	Mexico Philippines Indonesia China Bangladesh
description	Recent data compilations show that many poor and nonpoor people in many developing countries face a high degree of financial exclusion and high barriers in access to finance. Theory and empirical evidence point to the critical role that improved access to finance has in promoting growth and reducing income inequality. An extensive literature shows the channels through which finance promotes enterprise growth and improves aggregate resource allocation. There is less evidence at the household level, however, and on the effectiveness of policies to overcome financial exclusion. The article summarizes recent efforts to measure and analyze the impact of access to finance and discusses the unfinished research agenda.
format	Journal Article
author	Beck, Thorsten Demirgüç-Kunt, Asli
author_facet	Beck, Thorsten Demirgüç-Kunt, Asli
author_sort	Beck, Thorsten
title	Access to Finance
title_short	Access to Finance
title_full	Access to Finance
title_fullStr	Access to Finance
title_full_unstemmed	Access to Finance
title_sort	access to finance
publisher	World Bank
publishDate	2012
url	http://hdl.handle.net/10986/4485
_version_	1764391568324689920

Access to Finance

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