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The 2016 Brookings Financial and Digital Inclusion Project Report
Report

The 2016 Brookings Financial and Digital Inclusion Project Report

Advancing Equitable Financial Ecosystems

John D. Villasenor, Darrell M. West and Robin J. Lewis
Brookings Institution, 2016
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Editorial Rating

8

Qualities

  • Comprehensive
  • Analytical

Recommendation

Working toward financial inclusion is not only about a country developing its financial services sector; it also requires that all individuals have ready access to and can use those resources. The Brookings Institution’s 2016 assessment of financial inclusion scores 26 developing nations on the factors influencing the participation of their lowest-income citizens in the financial system. This user-friendly report provides ample country-specific data and suggestions for increasing financial inclusion. getAbstract recommends this comprehensive study to policy makers, financial executives and activists seeking to extend financial services to all population segments.

Take-Aways

  • A “country commitment” to inclusion, a nation’s “mobile capacity and regulatory environment,” and its people’s use of financial services all contribute to furthering the goal of financial inclusion.
  • Kenya, Colombia and Brazil attain the highest scores for financial inclusion in 2016 among 26 developing countries. At the bottom are Afghanistan, Ethiopia and Egypt.
  • The Philippines, Peru, Colombia and Mexico employ specific national strategies that show their commitment to financial inclusion. South Africa, the Philippines and Indonesia rank among the best in mobile capacity.

About the Authors

John D. Villasenor, Darrell M. West and Robin J. Lewis work at Brookings’ Center for Technology Innovation.

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