Does financial inclusion increase financial resilience? Evidence from Bangladesh

This study explores the impact of financial inclusion on financial resilience in Bangladesh, using World Bank data on global financial inclusions. It finds that respondents with financial accounts are more resilient than those without accounts. The chances of being financially resilient are around 1...

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Bibliographic Details
Published in:Development in practice 2019-08, Vol.29 (6), p.798-807
Main Authors: Belayeth Hussain, A.H.M., Endut, Noraida, Das, Sumonkanti, Chowdhury, Mohammed Thanvir Ahmed, Haque, Nadia, Sultana, Sumena, Ahmed, Khandaker Jafor
Format: Article
Language:English
Subjects:
Accounts
Financial inclusion
Gender and diversity
Governance and public policy
International finance
Resilience
Respondents
Social sector
South Asia
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Summary:This study explores the impact of financial inclusion on financial resilience in Bangladesh, using World Bank data on global financial inclusions. It finds that respondents with financial accounts are more resilient than those without accounts. The chances of being financially resilient are around 1.4 times higher for account holders than their counterparts. There was also a significant relationship between gender and financial resilience; males are 1.4 times more resilient than females when other covariates are considered in the regression model.
ISSN:0961-4524
1364-9213
DOI:10.1080/09614524.2019.1607256