Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/266871 
Year of Publication: 
2021
Citation: 
[Journal:] Financial Internet Quarterly [ISSN:] 2719-3454 [Volume:] 17 [Issue:] 2 [Publisher:] Sciendo [Place:] Warsaw [Year:] 2021 [Pages:] 44-50
Publisher: 
Sciendo, Warsaw
Abstract: 
This paper analyses how financially included adults might become unbanked again. Agents of financial inclusion incorporate economic and social constraints in the delivery of formal financial services. These constraints limit the ability of poor banked adults to use basic financial services to the fullest. The constraints affect agents of financial inclusion positively and affect customers negatively up to a point where the marginal benefit of being financially included is negative for poor customers. When the marginal benefit of using formal financial services becomes negative, the affected banked adults may discontinue using their formal accounts or exit the formal finan-cial sector when they can no longer bear the negative effect of social and economic constraints that hinder their ability to enjoy basic financial services to the fullest.
Subjects: 
financial inclusion
financial institutions
financial exclusion
banked adults
formal accounts
paradox
access to finance
households
constraints
JEL: 
G2
G21
O16
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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