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Sustainability and trust: financial inclusion in the Global South

Úbeda, Fernando, Mendez, Alvaro ORCID: 0000-0002-0919-5081 and Forcadell, Francisco Javier (2023) Sustainability and trust: financial inclusion in the Global South. Working paper series, 9 (2). LSE Global South Unit, London, UK.

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Abstract

Lack of access to banking and financial services appreciably hinders development, particularly in the global South. For this reason, financial inclusion is a crucial objective of the Sustainable Development Goals. One main barrier to financial inclusion is the lack of trust in banking. From a sample of 40 developing countries and 82,724 individuals, we verify that multinational banks can increase trust in banking by incorporating sustainability criteria into their business model.

Item Type: Monograph (Working Paper)
Official URL: https://www.lse.ac.uk/international-relations/cent...
Additional Information: © 2023 The Authors
Divisions: International Relations
IGA: LSE IDEAS
Subjects: H Social Sciences > HG Finance
H Social Sciences > HC Economic History and Conditions
JEL classification: G - Financial Economics > G2 - Financial Institutions and Services > G20 - General
Date Deposited: 13 Dec 2022 08:48
Last Modified: 15 Sep 2023 23:57
URI: http://eprints.lse.ac.uk/id/eprint/117589

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