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Financial Inclusion in Latin America

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  • First Online:
Global Encyclopedia of Public Administration, Public Policy, and Governance

Synonyms

Access to financial markets; Financial services; Financial stability; Microfinance

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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Author information

Authors and Affiliations

  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, CONICET, Buenos Aires, Argentina

    Ignacio Esteban Carballo

Authors
  1. Ignacio Esteban Carballo
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Corresponding author

Correspondence to Ignacio Esteban Carballo .

Editor information

Editors and Affiliations

  1. Florida Atlantic University, Boca Raton, Florida, USA

    Ali Farazmand

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Carballo, I.E. (2018). Financial Inclusion in Latin America. In: Farazmand, A. (eds) Global Encyclopedia of Public Administration, Public Policy, and Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-31816-5_3333-1

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  • DOI: https://doi.org/10.1007/978-3-319-31816-5_3333-1

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-31816-5

  • Online ISBN: 978-3-319-31816-5

  • eBook Packages: Springer Reference Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences

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