Your browser doesn't support javascript.
Financial Inclusion Paradigm Shift in the Postpandemic Period. Digital-Divide and Gender Gap.
Vasile, Valentina; Panait, Mirela; Apostu, Simona-Andreea.
  • Vasile V; Institute of National Economy, 050771 Bucharest, Romania.
  • Panait M; Institute of National Economy, 050771 Bucharest, Romania.
  • Apostu SA; Department of Cybernetics, Economic Informatics, Finance and Accounting, Petroleum-Gas University of Ploiesti, 100680 Ploiesti, Romania.
Int J Environ Res Public Health ; 18(20)2021 10 18.
Article in English | MEDLINE | ID: covidwho-1470879
ABSTRACT
Financial inclusion is strongly differentiated by age groups and countries and the pandemic has highlighted the increased gaps and inequalities but also the weaknesses of the system, in terms of flexibility, access and facilities of the customer-bank relationship and also from the perspective of the financial education of young generations and vulnerable people, active in the labor market. Based on the available data provided by the Global Findex database, and some findings after more than one year of COVID-19 crisis we outlined the main aspects of financial digitization, by categories of people and countries. At the same time, we identified the challenges and problems during the pandemic that significantly adjusted the consumption pattern of citizens and increased the need for on-line access for financial transactions. Starting from the analysis of the inequality of access to financial instruments in the last years, from the informational asymmetry in financial education and the challenges of the pandemic period, we underlined the main coordinates of changing the model of sustainable financial inclusion-based on five pillars-access, education, support tools, CSR and resilience. The research results highlight the need for convergence in providing opportunities to consider financial inclusion as a public good and an active tool to increase consumers' satisfaction and the quality of life of individuals.
Subject(s)
Keywords

Full text: Available Collection: International databases Database: MEDLINE Main subject: Quality of Life / COVID-19 Type of study: Experimental Studies / Randomized controlled trials Limits: Humans Language: English Year: 2021 Document Type: Article Affiliation country: Ijerph182010938

Similar

MEDLINE

...
LILACS

LIS


Full text: Available Collection: International databases Database: MEDLINE Main subject: Quality of Life / COVID-19 Type of study: Experimental Studies / Randomized controlled trials Limits: Humans Language: English Year: 2021 Document Type: Article Affiliation country: Ijerph182010938