Does financial inclusion increase financial resilience? Evidence from Bangladesh

A. H. M. Belayeth Hussain*, Noraida Endut, Sumonkanti Das, Mohammed Thanvir Ahmed Chowdhury, Nadia Haque, Sumena Sultana, Khandaker Jafor Ahmed

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

Abstract

This study explores the impact of financial inclusion on financial resilience in Bangladesh, using World Bank data on global financial inclusions. It finds that respondents with financial accounts are more resilient than those without accounts. The chances of being financially resilient are around 1.4 times higher for account holders than their counterparts. There was also a significant relationship between gender and financial resilience; males are 1.4 times more resilient than females when other covariates are considered in the regression model.
Original languageEnglish
Pages (from-to)798-807
Number of pages10
JournalDevelopment in Practice
Volume29
Issue number6
DOIs
Publication statusPublished - 18 Aug 2019

Keywords

  • Governance and public policy
  • Gender and diversity
  • Social sector
  • South Asia
  • WORKPLACE
  • EDUCATION
  • IMPACT

Cite this

Hussain, A. H. M. B., Endut, N., Das, S., Chowdhury, M. T. A., Haque, N., Sultana, S., & Ahmed, K. J. (2019). Does financial inclusion increase financial resilience? Evidence from Bangladesh. Development in Practice, 29(6), 798-807. https://doi.org/10.1080/09614524.2019.1607256