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[PDF] Has digital finance widened the income gap?


Inequality in the Digital Era - Brookings Institution

Within economies, income and wealth inequalities have risen as digitization has reshaped markets and the world of business and work. Inequalities have increased ...

DIGITAL FINANCE FOR ALL: POWERING INCLUSIVE GROWTH IN ...

income distribution. More than half of the total—880 million ... digital payments have already shown their potential to unlock a wide range of new business.

DIGITAL FINANCIAL SERVICES - World Bank

Countries with deeper, more developed financial systems enjoy higher economic growth and larger reductions in poverty and income inequality. Access to financial ...

The Digital Gender Gap in: Finance & Development Volume 59 ...

Increasing the access of both men and women to traditional financial services reduces income inequality within countries, but the benefits are ...

Leveraging Digital Financial Solutions to Promote Formal Business ...

And given that many MSMEs are owned by women, informality among small firms also represents a missed opportunity to close the gender gap in access to financial ...

The impact of COVID-19 on digital financial inclusion

In fact, digital payments, including government payments—which have been expanded in many countries ... There is also evidence of an income gap, with adults in ...

Widening Digital Gap between Developed, Developing States ...

... digital technologies have the potential to bridge economic and educational disparities. ... income, finance, economic growth and technology ...

U.S. Wealth Gaps Remain Despite Widespread Gains | St. Louis Fed

Notable Trends in Wealth Inequality from 2019 to 2022 · The Household Wealth Pie Grew by 25% · Low-Wealth Groups Had the Largest Percentage Gains.

Digital economy and the urban–rural income gap - Elsevier

Jiangsu, Guangdong, and other provinces has widened the Gap, resulting in a digital divide effect. However, in most areas of the. Northeast ...

Inequality in the Time of COVID-19 - International Monetary Fund (IMF)

As suffering and poverty have risen, some data show an increase in another extreme: the wealth of billionaires. With both extreme poverty and billionaire wealth ...

The Impact of digital finance on rural energy poverty-empirical ...

The wider the urban–rural income gap, the more inclined financial ... gap will have a more profound impact. Suggestion. In light of the ...

Social policy - OECD

However, their reduced capacity to tackle inequalities has been one of the factors behind the widening income gap between the rich and poor. It is crucial ...

the impact of digital financial inclusion on socio-economic ... - USC

It has created digital access channels for low-income and financially excluded people, particularly through mobile phones that have been spread out across the ...

Space–time exploration of the east–west gap in economic ...

... financial exclusion. Digital financial inclusion has not only further broadened the coverage of financial services, but financial services ...

Does digital finance alleviate household consumption inequality ...

Moreover, the consumption gap among residents has been widening annually, with pronounced disparities among urban and rural areas, regions, and ...

Digital Financial Literacy and Rural Income Inequality - Sage Journals

Digital finance plays a crucial role in enhancing financial inclusion and decreasing income inequality within developing countries.

Digital financial inclusion and quality of economic growth: Heliyon

On the one hand, it has expanded the coverage of financial services ... divide, the quality of economic growth has been receiving ...

The Limits of Accelerating Digital-Only Financial Inclusion

Famous mobile payments technology like Kenya's M-PESA has revolutionized economic development by giving people new tools to access financial ...

Digitalization's Effects on Income Growth and Distribution

digital economy has somewhat widened regional income disparities. ... H, Wu H. T. Narrowing the Digital Divide: The Development of Digital Finance ...

An Inclusive Digital Economy in the ASEAN Region

Some have broadened their scope to include digital finance, e ... This has the potential to widen the gap between income groups and sexes.