Formation of a System for Ensuring the Development of Financial Inclusion in Conditions of Sustainable Development
(Pages 10-17)Oksana Desyatnyuk1, Andriy Krysovatyy2, Olena Ptashchenko3*, Olga Kyrylenko4, Iryna Shevchenko5 and Olena Nifatova6
1Rector, West Ukrainian National University, 11 Lvivska Str., Ternopil, 46009, Ukraine.
2Head of the academic council, S. I. Yuriy Department of Finance, West Ukrainian National University, 11 Lvivska Str., Ternopil, 46009, Ukraine.
3Department of entrepreneurship and trade, West Ukrainian National University, 11 Lvivska Str., Ternopil, 46009, Ukraine.
4S. Yuriy Department of Finance, West Ukrainian National University, 11 Lvivska Str., Ternopil, 46009, Ukraine.
5Department management and business administration, National Aerospace University «Kharkiv Aviation Institute», 17 Chkalova str., Kharkiv, 61000, Ukraine.
6Barcelona Economics Analysis Team, University of Barcelona, Gran Via de les Corts Catalanes, 585, L'Eixample, Barcelona, Spain. University of Barcelona, Barcelona, Spain.
DOI: https://doi.org/10.55365/1923.x2024.22.2
Abstract:
The formation of a system for ensuring the development of financial inclusion is a complex and multifaceted process that requires cooperation between various stakeholders and the implementation of a set of measures. One of the fundamental elements of financial inclusion is increasing financial literacy among the population. Providing access to financial services is not sufficient if users do not have the necessary knowledge and skills to use these services effectively. The purpose of the presented work is a comprehensive solution to determine the main features of the formation of the financial inclusion system and the use of its modern tools to ensure sustainable development. The systematization of financial inclusion tools is presented to improve forecasting of the main trends of its use in the system of ensuring sustainable development. The methods of the current study are the observation method to identify the main features of the financial inclusion toolkit, the forecasting method to identify the main trends in the development of financial inclusion tools, the methods of analysis, synthesis, deduction and induction to visually present the research results, and the graphic method to display a comprehensive methodological approach and illustrate the results research. The main results of the research are the formation of a methodological approach to ensuring the development of financial inclusion, taking into account the theoretical, conceptual and expert block and conclusions regarding the further development of the tools of financial inclusion.
Keywords:
Inclusive Economy, Financial Toolkit, Financial Service Accessibility, Investments, Capital Transfer, Firm Inclusion, Household Inclusion.
JEL Codes:
A10, F10, F30, G10, G19, G28.
How to Cite:
Oksana Desyatnyuk, Andriy Krysovatyy, Olena Ptashchenko, Olga Kyrylenko, Iryna Shevchenko and Olena Nifatova. Formation of a System for Ensuring the Development of Financial Inclusion in Conditions of Sustainable Development. [ref]: vol.22.2024. available at: https://refpress.org/ref-vol22-a2/
Licensee REF Press This is an open access article licensed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/3.0/) which permits unrestricted, non-commercial use, distribution and reproduction in any medium, provided the work is properly cited.