Financial Inclusion in Latin America

  • Ignacio Esteban Carballo
Living reference work entry
DOI: https://doi.org/10.1007/978-3-319-31816-5_3333-1

Synonyms

Definition

Financial inclusion is an ecosystem in which supply, demand, and the regulatory framework interact with the same degree of relevance. Therefore, a definition that considers all its complexity and multidimensionality is crucial. Broadly speaking, we can say that financial inclusion includes the establishment, the promotion, and the regulation of an accessible, affordable, and safe financial environment for the society as a whole. It aims at promoting economic well-being and social inclusion through the supply of financial services and products designed to satisfy the needs of different segments of society.

Introduction

The significant contribution that financial inclusion can make to achieving inclusive economic growth and the Sustainable Development Goals has gained global recognition. This has in turn led to critical policy reforms that help establish an enabling environment to...

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Copyright information

© Springer International Publishing AG 2018

Authors and Affiliations

  1. 1.Pontifical Catholic University of Argentina (UCA) and University of Buenos Aires (UBA). Magister by Autonomous University of Madrid (UAM). Doctoral scholarship holder at Center of Studies of the Economic Structure (CENES / FCE-UBA), Institute of Economic Research, CONICETBuenos AiresArgentina