Understanding financial inclusion in China
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11230%2F15%3A10297895" target="_blank" >RIV/00216208:11230/15:10297895 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.1016/j.chieco.2014.12.004" target="_blank" >http://dx.doi.org/10.1016/j.chieco.2014.12.004</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.chieco.2014.12.004" target="_blank" >10.1016/j.chieco.2014.12.004</a>
Alternative languages
Result language
angličtina
Original language name
Understanding financial inclusion in China
Original language description
We use data from the World Bank Global Findex database for 2011 to analyze financial inclusion in China, including comparisons with the other BRICS countries. We find a high level of financial inclusion in China manifested by greater use of formal account and formal savings than in the other BRICS. Financial exclusion, i.e., not having a formal account, is mainly voluntary. The use of formal credit is however less frequent in China than in the other BRICS. Borrowing through family or friends is the mostcommon way of obtaining credit in all the BRICS countries, but other channels for borrowing are not very commonly used by individuals in China. We find that higher income, better education, being a man, and being older are associated with greater use offormal accounts and formal credit in China. Income and education influence the use of alternative sources of borrowing. Overall financial inclusion does not constitute a major problem in China, but such limited use of formal credit can c
Czech name
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Czech description
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Classification
Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
China Economic Review
ISSN
1043-951X
e-ISSN
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Volume of the periodical
34
Issue of the periodical within the volume
July
Country of publishing house
US - UNITED STATES
Number of pages
11
Pages from-to
196-206
UT code for WoS article
000356992800015
EID of the result in the Scopus database
2-s2.0-84949923219