Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/173615
Authors: 
Asongu, Simplice
Nwachukwu, Jacinta C.
Year of Publication: 
2017
Series/Report no.: 
AGDI Working Paper No. WP/17/009
Abstract: 
The overarching question tackled in this paper is: to what degree has financial development contributed to providing opportunities of human development for those on low-incomes and by what information technology mechanisms? We survey about 180 recently published papers to provide recent information technology advances in finance for inclusive development. Retained financial innovations are structured along three themes. They are: (i) the rural-urban divide, (ii) women empowerment and (iii) human capital in terms of skills and training. The financial instruments are articulated with case studies, innovations and investment strategies with particular emphasis, inter alia on: informal finance, microfinance, mobile banking, crowdfunding, microinsurance, Islamic finance, remittances, Payment for Environmental Services (PES) and the Diaspora Investment in Agriculture (DIA) initiative.
Subjects: 
Finance
Inclusive Growth
Economic Development
JEL: 
G20
I10
I20
I30
O10
Document Type: 
Working Paper

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