More private capital flows needed to drive financial inclusion — Study
Finance expert, Prof Joshua Yindenaba Abor, has said policy interventions should be directed at attracting more private capital flows, especially FDI, in markets with less developed financial markets and weak institutions to drive financial inclusion.
Delivering a virtual lecture on the topic ‘Private Capital Flows and Inclusive Finance: The Moderating Roles of Domestic Financial Markets and Institutions,’ at the Centre for Global Finance, School of Finance and Management, SOAS University of London, he said although global financial inclusion improved by about 18% between 2011 and 2017, many people especially the poor, are still financially excluded.