<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>0186-1042</journal-id>
<journal-title><![CDATA[Contaduría y administración]]></journal-title>
<abbrev-journal-title><![CDATA[Contad. Adm]]></abbrev-journal-title>
<issn>0186-1042</issn>
<publisher>
<publisher-name><![CDATA[Universidad Nacional Autónoma de México, Facultad de Contaduría y Administración]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S0186-10422021000100011</article-id>
<article-id pub-id-type="doi">10.22201/fca.24488410e.2021.2498</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Interacción entre crecimiento económico, estabilidad e inclusión financiera: evidencia empírica internacional]]></article-title>
<article-title xml:lang="en"><![CDATA[Interaction between economic growth, stability and financial inclusion: International empirical evidence]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Gómez Rodríguez]]></surname>
<given-names><![CDATA[Tomás]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Ríos Bolívar]]></surname>
<given-names><![CDATA[Humberto]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Zambrano Reyes]]></surname>
<given-names><![CDATA[Adriana]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Autónoma del Estado de Hidalgo  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<aff id="Af2">
<institution><![CDATA[,Instituto Politécnico Nacional  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>03</month>
<year>2021</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>03</month>
<year>2021</year>
</pub-date>
<volume>66</volume>
<numero>1</numero>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S0186-10422021000100011&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S0186-10422021000100011&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S0186-10422021000100011&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen Empleando una muestra de 71 países y un período que abarca desde 2007 al 2016. Se analiza la relación entre inclusión financiera y crecimiento económico, así como la relación entre estabilidad financiera y crecimiento económico empleando el método de Mínimos Cuadrados Ordinarios (MCO) con efectos fijos de dos vías. Así mismo, como prueba de robustez se emplea el Método Generalizado de Momentos (GMM) con efectos fijos de dos vías. Además, se realiza la prueba de causalidad de Granger con el método de datos apilados desarrollado por Dumitrescu y Hurlin (2012). Los resultados sugieren la existencia de un nexo negativo tanto para la relación entre inclusión financiera y crecimiento económico, así como para la relación entre estabilidad financiera y crecimiento económico. Los resultados de la prueba de causalidad exhiben que la relación se extiende desde las variables de inclusión financiera hacia el crecimiento económico. Mientras que la relación para las variables de estabilidad se extiende desde el crecimiento económico hacia estas variables.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract Using a sample of 71 countries and a period that covers from 2007 to 2016. The relationship between financial inclusion and economic growth is analyzed, as well as the relationship between financial stability and economic growth using the Ordinary Least Squares (OLS) method with two-way fixed effects. Likewise, the Generalized Method of Moments (GMM) with two-way fixed effects is used as a robustness test. In addition, the Granger causality test is performed with the stacked data method developed by Dumitrescu y Hurlin (2012). The results suggest the existence of a negative link both for the relationship between financial inclusion and economic growth, as well as for the relationship between financial stability and economic growth. The results of the causality test show that the relationship extends from the variables of financial inclusion to economic growth. While the relationship for stability variables extends from economic growth to these variables.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[Panel de datos]]></kwd>
<kwd lng="es"><![CDATA[Mercados financieros]]></kwd>
<kwd lng="es"><![CDATA[Crecimiento económico]]></kwd>
<kwd lng="es"><![CDATA[D23]]></kwd>
<kwd lng="es"><![CDATA[E44]]></kwd>
<kwd lng="es"><![CDATA[O40]]></kwd>
<kwd lng="en"><![CDATA[Panel data]]></kwd>
<kwd lng="en"><![CDATA[Financial markets]]></kwd>
<kwd lng="en"><![CDATA[Economic growth]]></kwd>
<kwd lng="en"><![CDATA[C23]]></kwd>
<kwd lng="en"><![CDATA[E44]]></kwd>
<kwd lng="en"><![CDATA[O40]]></kwd>
</kwd-group>
</article-meta>
</front><back>
<ref-list>
<ref id="B1">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Acharya]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
<name>
<surname><![CDATA[Amanulla]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
<name>
<surname><![CDATA[Joy]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Financial development and economic growth in Indian states: an examination]]></article-title>
<source><![CDATA[International Research Journal of Finance and Economics]]></source>
<year>2009</year>
<volume>24</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>117-30</page-range></nlm-citation>
</ref>
<ref id="B2">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Aboura]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
<name>
<surname><![CDATA[van Roye]]></surname>
<given-names><![CDATA[B.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Financial stress and economic dynamics: The case of France]]></article-title>
<source><![CDATA[International Economics]]></source>
<year>2017</year>
<volume>149</volume>
<page-range>57-73</page-range></nlm-citation>
</ref>
<ref id="B3">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Alsamara]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Mrabet]]></surname>
<given-names><![CDATA[Z.]]></given-names>
</name>
<name>
<surname><![CDATA[Jarallah]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
<name>
<surname><![CDATA[Barkat]]></surname>
<given-names><![CDATA[K.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[The switching impact of financial stability and economic growth in Qatar: Evidence from an oil-rich country]]></article-title>
<source><![CDATA[The Quarterly Review of Economics and Finance]]></source>
<year>2018</year>
</nlm-citation>
</ref>
<ref id="B4">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Angadi]]></surname>
<given-names><![CDATA[V.B.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Financial infrastructure and economic development: theory, evidence and experience]]></article-title>
<source><![CDATA[RBI Occasional Papers]]></source>
<year>2003</year>
<volume>24</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>191-223</page-range></nlm-citation>
</ref>
<ref id="B5">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Arellano]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Bond]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations]]></article-title>
<source><![CDATA[The Review of Economic Studies]]></source>
<year>1991</year>
<volume>58</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>277</page-range></nlm-citation>
</ref>
<ref id="B6">
<nlm-citation citation-type="">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Arora]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
</person-group>
<source><![CDATA[Measuring Financial Access]]></source>
<year>2010</year>
</nlm-citation>
</ref>
<ref id="B7">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Batuo]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Mlambo]]></surname>
<given-names><![CDATA[K.]]></given-names>
</name>
<name>
<surname><![CDATA[Asongu]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Linkages between financial development, financial instability, financial liberalisation and economic growth in Africa]]></article-title>
<source><![CDATA[Research in International Business and Finance]]></source>
<year>2018</year>
<volume>45</volume>
<page-range>168-79</page-range></nlm-citation>
</ref>
<ref id="B8">
<nlm-citation citation-type="">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Carbó]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
<name>
<surname><![CDATA[Pedagua]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Financial Stability and Economic Growth]]></article-title>
<source><![CDATA[Crisis, Risk and Stability in Financial Markets]]></source>
<year>2013</year>
<page-range>8-23</page-range></nlm-citation>
</ref>
<ref id="B9">
<nlm-citation citation-type="">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Chattopadhyay]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
</person-group>
<source><![CDATA[Financial Inclusion in India: A case-study of West Bengal]]></source>
<year>2011</year>
<numero>34269</numero>
<issue>34269</issue>
</nlm-citation>
</ref>
<ref id="B10">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Claessens]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
<name>
<surname><![CDATA[Perotti]]></surname>
<given-names><![CDATA[E.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Finance and inequality: Channels and evidence]]></article-title>
<source><![CDATA[Journal of Comparative Economics]]></source>
<year>2007</year>
<volume>35</volume>
<numero>4</numero>
<issue>4</issue>
<page-range>748-73</page-range></nlm-citation>
</ref>
<ref id="B11">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Creel]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
<name>
<surname><![CDATA[Hubert]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
<name>
<surname><![CDATA[Labondance]]></surname>
<given-names><![CDATA[F.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Financial stability and economic performance]]></article-title>
<source><![CDATA[Economic Modelling]]></source>
<year>2015</year>
<volume>48</volume>
<page-range>25-40</page-range></nlm-citation>
</ref>
<ref id="B12">
<nlm-citation citation-type="">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Demirguc-Kunt]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
<name>
<surname><![CDATA[Klapper]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
</person-group>
<source><![CDATA[Measuring Financial Inclusion: The Global Findex Database]]></source>
<year>2012</year>
</nlm-citation>
</ref>
<ref id="B13">
<nlm-citation citation-type="">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Demirguc-Kunt]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
<name>
<surname><![CDATA[Klapper]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
<name>
<surname><![CDATA[Singer]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
</person-group>
<source><![CDATA[Financial inclusion and inclusive growth: a review of recent empirical evidence]]></source>
<year>2017</year>
<numero>8040</numero>
<issue>8040</issue>
</nlm-citation>
</ref>
<ref id="B14">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Demirguc-Kunt]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
<name>
<surname><![CDATA[Klapper]]></surname>
<given-names><![CDATA[L.]]></given-names>
</name>
<name>
<surname><![CDATA[Singer]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
<name>
<surname><![CDATA[Van Oudheusden]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
</person-group>
<source><![CDATA[The Global Findex Database 2014: Measuring Financial Inclusion Around the World]]></source>
<year>2015</year>
<numero>7255</numero>
<issue>7255</issue>
<publisher-name><![CDATA[World Bank Group]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B15">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Diamond]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
<name>
<surname><![CDATA[Dybvig]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Bank Runs, Deposit Insurance, and Liquidity]]></article-title>
<source><![CDATA[Journal of Political Economy]]></source>
<year>1983</year>
<volume>91</volume>
<numero>3</numero>
<issue>3</issue>
<page-range>401-19</page-range></nlm-citation>
</ref>
<ref id="B16">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Diniz]]></surname>
<given-names><![CDATA[E.]]></given-names>
</name>
<name>
<surname><![CDATA[Birochi]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
<name>
<surname><![CDATA[Pozzebon]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Triggers and barriers to financial inclusion: The use of ICT-based branchless banking in an Amazon county]]></article-title>
<source><![CDATA[Electronic Commerce Research and Applications]]></source>
<year>2012</year>
<volume>11</volume>
<numero>5</numero>
<issue>5</issue>
<page-range>484-94</page-range></nlm-citation>
</ref>
<ref id="B17">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Dumitrescu]]></surname>
<given-names><![CDATA[E.-I.]]></given-names>
</name>
<name>
<surname><![CDATA[Hurlin]]></surname>
<given-names><![CDATA[C.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Testing for Granger non-causality in heterogeneous panels]]></article-title>
<source><![CDATA[Economic Modelling]]></source>
<year>2012</year>
<volume>29</volume>
<numero>4</numero>
<issue>4</issue>
<page-range>1450-60</page-range></nlm-citation>
</ref>
<ref id="B18">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Dupas]]></surname>
<given-names><![CDATA[P.]]></given-names>
</name>
<name>
<surname><![CDATA[Robinson]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Savings Constraints and Microenterprise Development: Evidence from a Field Experiment in Kenya]]></article-title>
<source><![CDATA[American Economic Journal: Applied Economics]]></source>
<year>2013</year>
<volume>5</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>163-92</page-range></nlm-citation>
</ref>
<ref id="B19">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Duprey]]></surname>
<given-names><![CDATA[T.]]></given-names>
</name>
<name>
<surname><![CDATA[Klaus]]></surname>
<given-names><![CDATA[B.]]></given-names>
</name>
<name>
<surname><![CDATA[Peltonen]]></surname>
<given-names><![CDATA[T.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Dating systemic financial stress episodes in the EU countries]]></article-title>
<source><![CDATA[Journal of Financial Stability]]></source>
<year>2017</year>
<volume>32</volume>
<page-range>30-56</page-range></nlm-citation>
</ref>
<ref id="B20">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Ellis]]></surname>
<given-names><![CDATA[K.]]></given-names>
</name>
<name>
<surname><![CDATA[Lemma]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
<name>
<surname><![CDATA[Rudd]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Financial inclusion, household investment and growth in Kenya and Tanzania]]></article-title>
<source><![CDATA[Project Briefing]]></source>
<year>2010</year>
<volume>43</volume>
</nlm-citation>
</ref>
<ref id="B21">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Ghosh]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Does financial outreach engender economic growth? Evidence from Indian states]]></article-title>
<source><![CDATA[Journal of Indian Business Research]]></source>
<year>2011</year>
<volume>3</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>74-99</page-range></nlm-citation>
</ref>
<ref id="B22">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Goldsmith]]></surname>
<given-names><![CDATA[R.W.]]></given-names>
</name>
</person-group>
<source><![CDATA[Financial Structure and Development]]></source>
<year>1969</year>
<edition>1ª</edition>
<publisher-loc><![CDATA[New Haven ]]></publisher-loc>
<publisher-name><![CDATA[Yale University Press]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B23">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Granger]]></surname>
<given-names><![CDATA[C. W. J.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Investigating Causal Relations by Econometric Models and Cross-spectral Methods]]></article-title>
<source><![CDATA[Econometrica]]></source>
<year>1969</year>
<volume>37</volume>
<numero>3</numero>
<issue>3</issue>
<page-range>424</page-range></nlm-citation>
</ref>
<ref id="B24">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Greenwood]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
<name>
<surname><![CDATA[Jovanovic]]></surname>
<given-names><![CDATA[B.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Financial Development, Growth, and the Distribution of Income]]></article-title>
<source><![CDATA[Journal of Political Economy]]></source>
<year>1990</year>
<volume>98</volume>
<numero>5</numero>
<issue>5</issue>
</nlm-citation>
</ref>
<ref id="B25">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Gurley]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
<name>
<surname><![CDATA[Shaw]]></surname>
<given-names><![CDATA[E.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[inancial Aspects of Economic Development]]></article-title>
<source><![CDATA[The American Economic Review]]></source>
<year>1955</year>
<volume>45</volume>
<numero>4</numero>
<issue>4</issue>
<page-range>515-38</page-range></nlm-citation>
</ref>
<ref id="B26">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Jayakumar]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Pradhan]]></surname>
<given-names><![CDATA[R. P.]]></given-names>
</name>
<name>
<surname><![CDATA[Dash]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
<name>
<surname><![CDATA[Maradana]]></surname>
<given-names><![CDATA[R. P.]]></given-names>
</name>
<name>
<surname><![CDATA[Gaurav]]></surname>
<given-names><![CDATA[K.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Banking competition, banking stability, and economic growth: Are feedback effects at work?]]></article-title>
<source><![CDATA[Journal of Economics and Business]]></source>
<year>2018</year>
<volume>96</volume>
<page-range>15-41</page-range></nlm-citation>
</ref>
<ref id="B27">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Kim]]></surname>
<given-names><![CDATA[D.-W.]]></given-names>
</name>
<name>
<surname><![CDATA[Yu]]></surname>
<given-names><![CDATA[J.-S.]]></given-names>
</name>
<name>
<surname><![CDATA[Hassan]]></surname>
<given-names><![CDATA[M. K.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Financial inclusion and economic growth in OIC countries]]></article-title>
<source><![CDATA[Research in International Business and Finance]]></source>
<year>2018</year>
<volume>43</volume>
<page-range>1-14</page-range></nlm-citation>
</ref>
<ref id="B28">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Mckinnon]]></surname>
<given-names><![CDATA[R. I.]]></given-names>
</name>
</person-group>
<source><![CDATA[Money and Capital in Economic Development]]></source>
<year>1973</year>
<edition>1ª</edition>
<publisher-loc><![CDATA[Washington, DC ]]></publisher-loc>
<publisher-name><![CDATA[Brookings Institution Press]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B29">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Mehrotra]]></surname>
<given-names><![CDATA[A.]]></given-names>
</name>
<name>
<surname><![CDATA[Yetman]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Financial inclusion-issues for central Banks]]></article-title>
<source><![CDATA[BISQuarterly Review]]></source>
<year>2015</year>
</nlm-citation>
</ref>
<ref id="B30">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Mishkin]]></surname>
<given-names><![CDATA[F. S.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Anatomy of a financial crisis]]></article-title>
<source><![CDATA[Journal of Evolutionary Economics]]></source>
<year>1992</year>
<volume>2</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>115-30</page-range></nlm-citation>
</ref>
<ref id="B31">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Neaime]]></surname>
<given-names><![CDATA[S.]]></given-names>
</name>
<name>
<surname><![CDATA[Gaysset]]></surname>
<given-names><![CDATA[I.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Financial inclusion and stability in MENA: Evidence from poverty and inequality]]></article-title>
<source><![CDATA[Finance Research Letters]]></source>
<year>2018</year>
<volume>24</volume>
<page-range>230-7</page-range></nlm-citation>
</ref>
<ref id="B32">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Pradhan]]></surname>
<given-names><![CDATA[R. P.]]></given-names>
</name>
<name>
<surname><![CDATA[Arvin]]></surname>
<given-names><![CDATA[M. B.]]></given-names>
</name>
<name>
<surname><![CDATA[Hall]]></surname>
<given-names><![CDATA[J. H.]]></given-names>
</name>
<name>
<surname><![CDATA[Nair]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Innovation, financial development and economic growth in Eurozone countries]]></article-title>
<source><![CDATA[Applied Economics Letters]]></source>
<year>2016</year>
<volume>23</volume>
<numero>16</numero>
<issue>16</issue>
<page-range>1141-4</page-range></nlm-citation>
</ref>
<ref id="B33">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Park]]></surname>
<given-names><![CDATA[C.-Y.]]></given-names>
</name>
<name>
<surname><![CDATA[Mercado]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Financial Inclusion: New Measurement and Cross-Country Impact Assessment]]></article-title>
<source><![CDATA[SSRN Electronic Journal]]></source>
<year>2018</year>
</nlm-citation>
</ref>
<ref id="B34">
<nlm-citation citation-type="">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Prasad]]></surname>
<given-names><![CDATA[E.]]></given-names>
</name>
</person-group>
<source><![CDATA[Financial Sector Regulation and Reforms in Emerging Markets: An Overview]]></source>
<year>2010</year>
</nlm-citation>
</ref>
<ref id="B35">
<nlm-citation citation-type="book">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Rajan]]></surname>
<given-names><![CDATA[R.G.]]></given-names>
</name>
</person-group>
<source><![CDATA[A Hundred Small Steps - Report of the Committee on Financial Sector Reforms]]></source>
<year>2009</year>
<edition>1ª</edition>
<publisher-loc><![CDATA[New Delhi ]]></publisher-loc>
<publisher-name><![CDATA[New Delhi Planning Commission, Government of India,]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B36">
<nlm-citation citation-type="">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Sarma]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
</person-group>
<source><![CDATA[Index of Financial Inclusion]]></source>
<year>2008</year>
<numero>215</numero>
<issue>215</issue>
</nlm-citation>
</ref>
<ref id="B37">
<nlm-citation citation-type="">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Sarma]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
</person-group>
<source><![CDATA[Index of Financial Inclusion - a measure of financial sector inclusiveness]]></source>
<year>2012</year>
</nlm-citation>
</ref>
<ref id="B38">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Sarma]]></surname>
<given-names><![CDATA[M.]]></given-names>
</name>
<name>
<surname><![CDATA[Pais]]></surname>
<given-names><![CDATA[J.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Financial Inclusion and Development]]></article-title>
<source><![CDATA[Journal of International Development]]></source>
<year>2010</year>
<volume>23</volume>
<numero>5</numero>
<issue>5</issue>
<page-range>613-28</page-range></nlm-citation>
</ref>
<ref id="B39">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Sethi]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
<name>
<surname><![CDATA[Acharya]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Financial inclusion and economic growth linkage: some cross country evidence]]></article-title>
<source><![CDATA[Journal of Financial Economic Policy]]></source>
<year>2018</year>
<volume>10</volume>
<numero>3</numero>
<issue>3</issue>
<page-range>369-85</page-range></nlm-citation>
</ref>
<ref id="B40">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Sethy]]></surname>
<given-names><![CDATA[S. K.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Developing a Financial Inclusion Index and Inclusive Growth in India]]></article-title>
<source><![CDATA[The Indian Economic Journal]]></source>
<year>2015</year>
<volume>63</volume>
<numero>2</numero>
<issue>2</issue>
<page-range>283-311</page-range></nlm-citation>
</ref>
<ref id="B41">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Sethi]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
<name>
<surname><![CDATA[Sethy]]></surname>
<given-names><![CDATA[S. K.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Financial inclusion matters for economic growth in India]]></article-title>
<source><![CDATA[International Journal of Social Economics]]></source>
<year>2019</year>
<volume>46</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>132-51</page-range></nlm-citation>
</ref>
<ref id="B42">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Sharma]]></surname>
<given-names><![CDATA[D.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Nexus between financial inclusion and economic growth]]></article-title>
<source><![CDATA[Journal of Financial Economic Policy]]></source>
<year>2016</year>
<volume>8</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>13-36</page-range></nlm-citation>
</ref>
<ref id="B43">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Yorulmaz]]></surname>
<given-names><![CDATA[R.]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Construction of a regional financial inclusion index in Turkey]]></article-title>
<source><![CDATA[Journal of BRSA Banking and Financial Markets]]></source>
<year>2013</year>
<volume>7</volume>
<numero>1</numero>
<issue>1</issue>
<page-range>79-101</page-range></nlm-citation>
</ref>
</ref-list>
</back>
</article>
