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Financial Inclusion and Monetary Policy: A Review of Literature

Authors :
Simona Elena Ciobanu
Source :
Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics, Vol 30, Iss 3, Pp 314-324 (2024)
Publication Year :
2024
Publisher :
Dunarea de Jos University of Galati, 2024.

Abstract

We conducted a literature review of some of the most important studies over the last few years (2007-2024) to highlight the main variables used and to emphasize the main findings and practical research directions. The study shows that financial inclusion positively influences monetary policy, leading to the fulfillment of its objectives through the dimensions of access, use and availability of financial products and services. Thus, with an inclusive monetary policy, economic growth can be achieved without generating inflationary potential. Some papers also argue that there is a bidirectional relationship between monetary policy and financial inclusion, as they influence each other.

Details

Language :
English
ISSN :
15840409
Volume :
30
Issue :
3
Database :
Directory of Open Access Journals
Journal :
Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
Publication Type :
Academic Journal
Accession number :
edsdoj.91325fa1d05446ada0f2a6214fa81662
Document Type :
article
Full Text :
https://doi.org/10.35219/eai15840409457