Management of financial inclusion models in the context of global digitalization development
DOI:
https://doi.org/10.31558/2307-2318.2022.1.13Keywords:
financial inclusion; digitalization; digital finance; digital economics; regression analysis; comparative analysisAbstract
The article is devoted to the study of the impact of digital finance on the inclusive development of countries. It is stated that digital finance should improve the well-being of people and businesses that have official bank accounts and funds in their bank accounts for many financial transactions. The article systematizes the existing approaches to the definition of "financial inclusion". A comparative analysis of the regression coefficients showed that the selected factors have a greater impact on the development of high-income countries than on lower-income countries, and the direction of influence is the same for both groups of countries. The existing benefits of digital finance, which should improve the well-being of people and businesses, are discussed. The positive impact of digital finance on inclusion has been shown to provide access to global value chains, supply of goods and services; reducing the asymmetry of information on credit and savings and investment opportunities; formation of an informal insurance network.
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