Financial inclusion a leading indicator for assessing developing economies' future growth

Equitable societies make resilient markets

As the resilience of developed markets comes under increasing strain, financial inclusion can provide important signals about the developing economies unlocking growth through next generation capital and wealth creation.

After a decade of easy financial conditions, a series of exogenous shocks - the Covid-19 pandemic, the war in Ukraine and global monetary tightening - have exposed the extent of economic inequality underpinning many of the world's most advanced economies. High levels of inequity in societies threaten to derail future growth, deepen social divisions and present major risks to future growth prospects. In the context of widespread expectations of global recession, benchmarks of financial inclusion and security become more significant as leading indicators of economies' ability to withsta...