Financial Inclusion, Growth and Inequality: A Model Application to Colombia
Financial inclusion has been one of the key pillars of Colombia's development strategy for a number of years. Financial inclusion policies have aimed at channeling microcredit to poor, spreading formal banking system usage, fostering electronic payment acceptance, and making financial services...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2014
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 14/166 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | Financial inclusion has been one of the key pillars of Colombia's development strategy for a number of years. Financial inclusion policies have aimed at channeling microcredit to poor, spreading formal banking system usage, fostering electronic payment acceptance, and making financial services more affordable. Using simulations from a general equilibrium model it is possible to identify the most binding financial sector frictions that preclude financial inclusion of enterprises, and study the effects on growth and inequality of efforts to remove these frictions. The study finds that lowering contraints on collateral promises higher growth while inequality is better tackled through measures that lower the financial participation cost |
| Beschreibung: | 1 Online-Ressource (31 p) |
| ISBN: | 1498344836 9781498344838 |
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| index_date | 2024-07-03T20:13:35Z |
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| spelling | Karpowicz, Izabela Verfasser aut Financial Inclusion, Growth and Inequality A Model Application to Colombia Karpowicz, Izabela Washington, D.C International Monetary Fund 2014 1 Online-Ressource (31 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 14/166 Financial inclusion has been one of the key pillars of Colombia's development strategy for a number of years. Financial inclusion policies have aimed at channeling microcredit to poor, spreading formal banking system usage, fostering electronic payment acceptance, and making financial services more affordable. Using simulations from a general equilibrium model it is possible to identify the most binding financial sector frictions that preclude financial inclusion of enterprises, and study the effects on growth and inequality of efforts to remove these frictions. The study finds that lowering contraints on collateral promises higher growth while inequality is better tackled through measures that lower the financial participation cost Online-Ausg http://elibrary.imf.org/view/IMF001/21626-9781498344838/21626-9781498344838/21626-9781498344838.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Karpowicz, Izabela Financial Inclusion, Growth and Inequality A Model Application to Colombia |
| title | Financial Inclusion, Growth and Inequality A Model Application to Colombia |
| title_auth | Financial Inclusion, Growth and Inequality A Model Application to Colombia |
| title_exact_search | Financial Inclusion, Growth and Inequality A Model Application to Colombia |
| title_exact_search_txtP | Financial Inclusion, Growth and Inequality A Model Application to Colombia |
| title_full | Financial Inclusion, Growth and Inequality A Model Application to Colombia Karpowicz, Izabela |
| title_fullStr | Financial Inclusion, Growth and Inequality A Model Application to Colombia Karpowicz, Izabela |
| title_full_unstemmed | Financial Inclusion, Growth and Inequality A Model Application to Colombia Karpowicz, Izabela |
| title_short | Financial Inclusion, Growth and Inequality |
| title_sort | financial inclusion growth and inequality a model application to colombia |
| title_sub | A Model Application to Colombia |
| url | http://elibrary.imf.org/view/IMF001/21626-9781498344838/21626-9781498344838/21626-9781498344838.xml |
| work_keys_str_mv | AT karpowiczizabela financialinclusiongrowthandinequalityamodelapplicationtocolombia |