Financial Inclusion in the Context of Sustainable Development of Rural Areas

Abramova, I.; Nedilska, Larysa; Kurovska, Nataliia O.; Martynyuk, Halyna

doi:10.15544/mts.2021.29

Cited by 4 publications

(5 citation statements)

References 2 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…In previous studies (Abramova, 2020), the authors outlined the factors that influence financial inclusion and proved that financial education, access to financial services, and the financial well-being of citizens are key among them. Considerable attention was paid to financial inclusion in the context of sustainable rural development and it was concluded that financial inclusion is a means of full use of financial services that stimulates innovation, mobilizes savings and supports investment, and thus contributes to the economic development of territories (Abramova et al, 2021).…”

Section: Discussionmentioning

confidence: 99%

“…Scientific sources typically pay attention to the level of education and age, income and wealth level (Cassimon, 2022), the inclusion of the poorest segments of the population in the functioning of the financial system, religiously-oriented financial services, distance from financial institutions (Tefera, 2022), and others. The analysis of the mentioned works and previous scientific contributions by authors (Abramova, Nedilska et al, 2021) provide grounds to identify potentially significant determinants of financial inclusion. The most important ones include the level of education and knowledge in financial matters, savings availability, duration of maintaining solvency in the event of a sudden loss of all sources of income, age, readiness for diversification of savings, type of territorial community, and form of payment transactions.…”

Section: Discussionmentioning

confidence: 99%

See 1 more Smart Citation

Modern State and Post-War Prospects of Financial Inclusion in Ukraine Considering the Eu Experience

Abramova,

Nedilska,

Kurovska

et al. 2023

ФКДПТП

Self Cite

View full text Add to dashboard Cite

The purpose of the article is theoretical and methodological substantiation of the state and post-war prospects of financial inclusion in Ukraine, taking into account the experience of EU countries. The objectives of the study are as follows: to theoretically substantiate the content and features of financial inclusion, taking into account the experience of EU countries; to assess the current state of financial inclusion; and to outline post-war prospects for the development of financial inclusion in Ukraine. It is argued that the key parameters of financial inclusion are financial well-being, financial behaviour, financial knowledge, and the utilization of financial products, as well as physical access to financial services. Drawing on the experience of EU countries, it is substantiated that creating conditions for free access to financial services for all categories of the population and businesses, as well as their digitalization, contribute to the growth of citizens' income, the simplification of investment mechanisms, and thus the economic development of the country. An assessment of the state of financial inclusion in Ukraine is conducted through online surveys of various categories of citizens. It is determined that Ukrainians feel a strong need for additional sources of income, and the financial situation of the majority of them is extremely unstable. Based on the results of correlation-regression analysis, the priorities of financial inclusion are identified as the level of financial literacy and competency among the population. This will enable them to budget their income and expenses, promote the transformation of savings into investments, and have a positive impact on the post-war recovery of the country's economy.

show abstract

Section: Discussionmentioning

confidence: 99%

Section: Discussionmentioning

confidence: 99%

Modern State and Post-War Prospects of Financial Inclusion in Ukraine Considering the Eu Experience

Abramova,

Nedilska,

Kurovska

et al. 2023

ФКДПТП

Self Cite

View full text Add to dashboard Cite

show abstract

“…Campañas de educación financiera promovidas por las instituciones financieras en conjunto con los centros educativos. ) (Abramova et al, 2021) Evaluación de la cognición cultural de la comunidad rural para diseñar intervenciones eficaces de educación financiera. (Bongomin et al, 2018) Productos adecuados a las necesidades de los clientes…”

Section: Educación Financieraunclassified

“…Mejora en la legislación y en los canales de comunicación del sistema de garantías estatales para los consumidores de servicios financieros. (Abramova et al, 2021) La tabla 5 presenta alternativas desde la integración de las entidades financieras, las empresas Fintech, las instituciones gubernamentales y las comunidades rurales para el trabajo conjunto en la gestión de los retos relacionados con la IF. Cabe resaltar que las iniciativas populares, como: clubes, redes colaborativas y manejo del capital social juegan un importante rol en la transformación cultural que se requiere para el aumento de la IF .…”

Section: Mecanismos De Vigilancia Y Controlunclassified

See 1 more Smart Citation

Brechas en Inclusión Financiera en la producción de frutales de Boyacá, Colombia

Niño-Amézquita,

Sánchez-Rueda

2023

rev. investig. desarro. innov

View full text Add to dashboard Cite

La Inclusión Financiera (IF) implica el acercamiento del sector financiero a toda la población a fin de mejorar sus condiciones de vida. Sin embargo, su alcance en el sector rural es limitado. Frente a esto, esta investigación hace una identificación de brechas en IF centrándose en el acceso, uso y calidad de productos y servicios financieros en el contexto de la producción de frutales del departamento de Boyacá, Colombia. Para esto, se realiza un análisis cualitativo entre oferentes del sector financiero regional y representantes del gremio de frutales de Asohofrucol, Boyacá. Los hallazgos muestran que la falta de garantías financieras, recursos tecnológicos, informalidad, distancia física, escasa educación financiera y diversidad de productos financieros se constituyen como las principales brechas en IF. A partir de estos resultados se consolidan alternativas para la mitigación de brechas, donde se destaca la articulación entre instituciones y comunidades rurales para abordar problemáticas de forma efectiva.

show abstract