A Comparative Study of Inclusive Finance Models Worldwide and China's Localized Practice Path
Journal: Modern Economics & Management Forum DOI: 10.32629/memf.v6i3.4017
Abstract
With the continuous development of the financial industry, the emerging concept of “inclusive finance” has drawn increasing attention. Years of practice have shown that inclusive finance plays a vital role in stabilizing financial development and promoting socio-economic growth. However, ensuring basic financial access for disadvantaged groups while maintaining financial institution profitability remains a global challenge. In response, countries have developed various approaches — Brazil’s agent banking, Kenya’s mobile payments, etc. This paper compares international inclusive finance models and proposes feasible paths for China’s context.
Keywords
Inclusive finance; international comparison; localized development
Full Text
PDF - Viewed/Downloaded: 1 TimesReferences
[1] China Banking Regulatory Commission. Banking Financial Institutions Supporting Small and Medium-sized Enterprises [R/OL]. http://cbrc.gov.cn, 2015-8-18.
[2] JINPU Jiao. International Experience of Inclusive Finance [J]. China Finance, 2014(10): 68–70.
[3] GUOWEN Hu, XU Shuai. Brazil’s Agent Banking System [J]. China Finance, 2012(05): 43–44.
[4] XIANGMEI Fan, DI Liao. Differences and Influencing Factors in the Development of Financial Inclusion between China and Other Countries [J]. Economic System Reform, 2017(5): 175–180.
[5] XIANG Xiao. International Comparison of Financial Inclusion and Its Implications [J]. Jiangxi Social Sciences, 2013, 33(7): 56–59.
[6] Chakravarty S.R., Pal R. Measuring Financial Inclusion: An Axiomatic Approach [R]. Microeconomics Working Papers, 2010.
[7] Sarma M. Index of Financial Inclusion [R]. Indian Council for Research on International Economic Relations, 2008.
[8] TIAN-YONG Guo, XIAO Ding, FAN Yang. How Far Is Inclusive Finance from China? — An International Comparative Perspective Based on Financial Service Accessibility [J]. Financial Market Research, 2016(6): 50–57.
[9] JINPU Jiao, TINGTING Huang, TIANDU Wang, SHAOHUA Zhang, ZHEN Wang. The Development Process and Empirical Research of Inclusive Finance in China [J]. Shanghai Finance, 2015(4): 12–22.
[10] JIA Li. Changes in Financial Structure and the Development of Bank Asset Securitization: Mechanisms and Empirical Evidence [J]. Research in Financial Economics, 2019, 34(1): 67–82.
[11] LIANSHENG Zheng. The Evolution Path and Experience of Shenzhen’s Financial Reform and Innovation [J]. Economic Review, 2019(4): 103–110.
[2] JINPU Jiao. International Experience of Inclusive Finance [J]. China Finance, 2014(10): 68–70.
[3] GUOWEN Hu, XU Shuai. Brazil’s Agent Banking System [J]. China Finance, 2012(05): 43–44.
[4] XIANGMEI Fan, DI Liao. Differences and Influencing Factors in the Development of Financial Inclusion between China and Other Countries [J]. Economic System Reform, 2017(5): 175–180.
[5] XIANG Xiao. International Comparison of Financial Inclusion and Its Implications [J]. Jiangxi Social Sciences, 2013, 33(7): 56–59.
[6] Chakravarty S.R., Pal R. Measuring Financial Inclusion: An Axiomatic Approach [R]. Microeconomics Working Papers, 2010.
[7] Sarma M. Index of Financial Inclusion [R]. Indian Council for Research on International Economic Relations, 2008.
[8] TIAN-YONG Guo, XIAO Ding, FAN Yang. How Far Is Inclusive Finance from China? — An International Comparative Perspective Based on Financial Service Accessibility [J]. Financial Market Research, 2016(6): 50–57.
[9] JINPU Jiao, TINGTING Huang, TIANDU Wang, SHAOHUA Zhang, ZHEN Wang. The Development Process and Empirical Research of Inclusive Finance in China [J]. Shanghai Finance, 2015(4): 12–22.
[10] JIA Li. Changes in Financial Structure and the Development of Bank Asset Securitization: Mechanisms and Empirical Evidence [J]. Research in Financial Economics, 2019, 34(1): 67–82.
[11] LIANSHENG Zheng. The Evolution Path and Experience of Shenzhen’s Financial Reform and Innovation [J]. Economic Review, 2019(4): 103–110.
Copyright © 2025 Zhener Chen
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
