Does financial inclusion increase financial resilience? Evidence from Bangladesh

ABSTRACT

This study explores the impact of financial inclusion on financial resilience in Bangladesh, using World Bank data on global financial inclusions. It finds that respondents with financial accounts are more resilient than those without accounts. The chances of being financially resilient are around 1.4 times higher for account holders than their counterparts. There was also a significant relationship between gender and financial resilience; males are 1.4 times more resilient than females when other covariates are considered in the regression model.

KEYWORDS:

• Governance and public policy
• Gender and diversity
• Social sector
• South Asia

Disclosure statement

No potential conflict of interest was reported by the authors.

Notes on contributors

A. H. M. Belayeth Hussain is a Teaching Fellow at the Centre for Research on Women and Gender (KANITA), Universiti Sains Malaysia (USM), Malaysia, and a Professor in the Department of Sociology, Shahjalal University of Science and Technology, Bangladesh.

Noraida Endut is Professor and Director of the Centre for Research on Women and Gender (KANITA), Universiti Sains Malaysia (USM), Malaysia.

Sumonkanti Das is a Postdoctoral Researcher in the School of Business and Economics, Maastricht University, Netherlands.

Mohammed Thanvir Ahmed Chowdhury is an Associate Professor in the Department of Applied Sociology and Social Work, North East University, Bangladesh.

Nadia Haque is an Assistant Professor in the Department of Sociology, Shahjalal University of Science and Technology, Bangladesh.

Sumena Sultana is an Assistant Professor in the Department of Sociology, Shahjalal University of Science and Technology, Bangladesh.

Khandaker Jafor Ahmed is a PhD candidate in the Department of Geography, Environment and Population, University of Adelaide, Australia.

Notes on contributors

A. H. M. Belayeth Hussain is a Teaching Fellow at the Centre for Research on Women and Gender (KANITA), Universiti Sains Malaysia (USM), Malaysia, and a Professor in the Department of Sociology, Shahjalal University of Science and Technology, Bangladesh.

Noraida Endut is Professor and Director of the Centre for Research on Women and Gender (KANITA), Universiti Sains Malaysia (USM), Malaysia.

Sumonkanti Das is a Postdoctoral Researcher in the School of Business and Economics, Maastricht University, Netherlands.

Mohammed Thanvir Ahmed Chowdhury is an Associate Professor in the Department of Applied Sociology and Social Work, North East University, Bangladesh.

Nadia Haque is an Assistant Professor in the Department of Sociology, Shahjalal University of Science and Technology, Bangladesh.

Sumena Sultana is an Assistant Professor in the Department of Sociology, Shahjalal University of Science and Technology, Bangladesh.

Khandaker Jafor Ahmed is a PhD candidate in the Department of Geography, Environment and Population, University of Adelaide, Australia.

ORCID

A.H.M. Belayeth Hussain http://orcid.org/0000-0002-9509-9562