Nexus among financial inclusion and sustainability in Asia: role of banking sector

被引:5
|
作者
Hasan, Mohammad Maruf [1 ,2 ]
Lu, Zheng [3 ]
机构
[1] Sichuan Univ, Sch Int Studies, Chengdu 610065, Sichuan, Peoples R China
[2] Sichuan Univ, China Ctr South Asian Studies, Chengdu 610065, Sichuan, Peoples R China
[3] Sichuan Univ, Sch Econ, Chengdu 610065, Sichuan, Peoples R China
关键词
Economic success; Financial inclusion; Banking sector; Monetary inclusion; Asian economies; EMPIRICAL-EVIDENCE; ECONOMIC-GROWTH; PERFORMANCE; EFFICIENCY;
D O I
10.1007/s11356-023-26028-y
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
Promoting shared prosperity, economic success, and the expansion of the financial sector to individual development supported by financial inclusion to reduce poverty. Financial inclusion in Asian countries is generally considered relatively low. Thus, the purpose of this study is to explore the connection between the accessibility of financial services and the dependability of the financial sector. To accomplish the study purpose, data is incorporated from financial institutions based in Asia from 2008 to 2017. The generalized moment approach (GMM) was used to analyze the data. The study findings indicated that a more equitable distribution of wealth might be achieved by expanding access to financial services and strengthening the banking system's capacity to weather shocks. Financial institutions might benefit from integration into the financial system by increasing profits, decreasing operational expenses, and increasing market share. Several directions for further research have been proposed based on the results of this work.
引用
收藏
页码:62481 / 62493
页数:13
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