Linking Financial Inclusion With Sustainable Development

Abstract

The core of financial inclusion is providing all people and companies with affordable official banking services. Financial inclusion guarantees that consumers and companies in the formal financial sector have the option of simple and low-cost financial services. The purpose of this chapter is to look at the relationship between financial prosperity and long-term development in developing nations. Financial inclusion, according to the findings, increases the degree of sustainable development and provides a solution to many social concerns in developing countries. Several examples and models are used in the study to highlight the relationship between financial inclusion and long-term growth. This work adds to the current body of knowledge of information by looking into the relationship between financial inclusion and sustained advancement in emerging nations.