دانلود کتاب Digital Financial Inclusion: Revisiting Poverty Theories in the Context of the Fourth Industrial Revolution (Palgrave Studies in Impact Finance)

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Preface
Acknowledgements
Contents
List of Figures
List of Tables
Part I Introduction
1 Introduction to Digital Financial Inclusion: Revisiting Poverty Theories in the Context of the Fourth Industrial Revolution
Introduction
References
2 The Fourth Industrial Revolution: An Introduction to Its Main Elements
Introduction
History of Industrial Revolutions
The First Industrial Revolution
Agriculture and Energy
Metallurgy and Textiles
Chemicals and Transportation
The Second Industrial Revolution
The Third Industrial Revolution
The Fourth Industrial Revolution
Technologies Driving the Fourth Industrial Revolution
Key Themes of the Fourth Industrial Revolution
Conclusion
References
3 Financial Inclusion and the Fourth Industrial Revolution
Introduction
Definition of Financial Inclusion
Background of the Theory of Financial Inclusion
The Origin of The Theory of Financial Inclusion
Theories of Financial Inclusion
Financial Inclusion Theories
Financial Inclusion and the Fourth Industrial Revolution
The Fourth Industrial Revolution and Financial Inclusion
Artificial intelligence (AI) and the Problem of Information Asymmetry
Adverse Selection and the Fourth Industrial Revolution
The Fourth Industrial Revolution and Moral Hazard
Conclusion
References
Part II Theories of Financial Inclusion in the Context of the Fourth Industrial Revolution
4 The Beneficiaries Theory of Financial Inclusion and the Fourth Industrial Revolution
Introduction
The Beneficiary Theories of Financial Inclusion
Vulnerable Group Theory of Financial Inclusion
The Merits and Demerits of the Vulnerable Group Theory of Financial Inclusion
Public Good Theory of Financial Inclusion
The Merits of The Public Good Theory
The Demerits of The Public Good Theory
Dissatisfaction Theory of Financial Inclusion
Merits and Demerits of the Dissatisfaction Theory
Systems Theory of Financial Inclusion
The Merits and Demerits of the Systems Theory
The Implication for the Fourth Industrial Revolution on the Beneficiary Theories of Financial Inclusion
Conclusion
References
5 The Delivery Agent Theory of Financial Inclusion in the Context of the Fourth Industrial Revolution
Introduction
The Community Echelon Theory of Financial Inclusion
The Merits and Demerits of the Community Echelon Theory
Public Service Theory of Financial Inclusion
Merits and Demerits of the Public Service Theory
Special Agent Theory of Financial Inclusion
The Special Agent Theory of Financial Inclusion’s Benefits and Drawbacks
Collaborative Intervention Theory of Financial Inclusion
Financial Literacy Theory of Financial Inclusion
The Merits and Demerits of the Financial Literacy Theory of Financial Inclusion
The Implications of The Fourth Industrial Revolution on the Delivery Agent Theory of Financial Inclusion
Conclusion
References
6 The Funding Theories of Financial Inclusion in the Context of the Fourth Industrial Revolution
Introduction
Public Money Theory of Financial Inclusion
Promotion of Front and Back-End Infrastructure
Making Rules for Infrastructure and Its Contribution to Responsible Market Development
Driving Transaction Volumes
Merits and Demerits of the Public Money Theory of Financial Inclusion
The Private Money Theory of Financial Inclusion
The Intervention Fund Theory of Financial Inclusion
The Implications of The Fourth Industrial Revolution on Funding Perspective Theories of Financial Inclusion
Conclusion
References
Part III Reconstructing the Theory of Financial Inclusion: From Traditional Financial Inclusion to Digital Financial Inclusion
7 Digital Financial Inclusion in the Fourth Industrial Revolution
Introduction
Digital Financial Inclusion
The Goals of Digital Financial Inclusion
The Various Components of Digital Financial Inclusion
Providers and Instruments for Digital Financial Inclusion
Instruments for digital financial inclusion
Debit Cards
Credit Card
Internet Banking
Mobile Money
Agent Networks
E-money Accounts
Retail Point of Sale (Pos) Terminals
Conclusion
References
8 The Transition from an Informal Financial Money Market to a Formal Financial System Through Digital Financial Inclusion
Introduction
Informal Financial Market
Formal Financial Market
Digital Financial Services (DFS)
Fintech
Fintech Firms
BigTech Firms
A Brief History of FinTech
The Transition from an Informal Financial Money Market to a Formal Financial System Through Digital Financial Inclusion
Digital Financial Inclusion Models and Infrastructure for the Transition From an Informal to a Formal Financial System
Digital Financial Inclusion Models
Mobile Money
Platform Ecosystems
Open Application Programming Interfaces
Infrastructure that Supports Financial and Digital Transactions
Payment Systems
Credit Infrastructure
Digital Connectivity Infrastructure
Government Data Platforms
Digital ID
Channels of the Transition from An Informal Financial Money Market to A Formal Financial System Through Digital Financial Inclusion
Information Asymmetry and Digital Financial Services
Digital Tools and Cost Reduction Using Chatbots
Cybersecurity and Fraud Detection
Detection, Management, and Measurement of Risks
Informal Financial Money Market to A Formal Financial System through Digital financial inclusion
Providing Formal Financial Services Such as Payments, Transfers, Savings, Credit, Insurance, and Securities
Promoting Electronic Payments, Transfers, Savings, Credit, Insurance, and Investments
Lower Cost of Digital Transactions for Customers and Providers of Digital Financial Services
Summary of FinTech Benefits that Helps the Informal Sector to Participate in the Formal Financial Market
Conclusion
References
9 Prospects and Challenges of Digital Financial Inclusion/Fintech Innovation in the Fourth Industrial Revolution
Introduction
How Consumers in Emerging Markets Use Digital Financial Services
Formal Financial Services are Scarce in Emerging Markets
Low-Income Levels in Emerging Markets
Insufficient Infrastructure in Emerging Markets
Challenges for Banks of Digital Financial Inclusion/Fintech Innovation in Emerging Markets
Incomes that are Volatile and Limited
Geographical Barriers
Lack of Documentation and Informality
Literacy and Trust and Poverty
Challenges for Digital Financial inclusion for women
Women Have Constrained Access to Official Identification Cards
Women\'s Account Ownership Is Harmed by Laws that Discriminate Against Them
Women\'s Financial Inclusion Can Be Further Hampered by Attitudes on Their Participation in The Labor Force and Access to Digital Financial Services
Women\'s Digital Literacy and Financial Capabilities are Both Low
Women are Less Likely than Men to Own a Cell Phone
Many Government-To-Person Payments Are Still Made in Cash Especially to Women
Initiatives That Can Be Followed to Achieve Digital Financial Inclusion
Conclusion
References
Part IV Assessing Tools and Impact of Digital Financial Inclusion
10 The Introduction to Poverty in the Fourth Industrial Revolution
Introduction
The World Bank Poverty
The Impact of the Fourth Industrial Revolution on the Definition of Poverty
Digital Poor People
Conclusion
References
11 Channels Through Which Financial Inclusion Reduces Poverty, What is the Role of 4IR, Digital Technologies in This Process?
Introduction
The Classical Economics Theory
The Keynesian Economics Theory
The Endogenous Growth Theory
Financial Inclusion, Financial Development, Economic Growth, and Poverty Reduction
Empirical Literature on the Financial Inclusion and Poverty Reduction
The Role of Digital Financial Inclusion in the 4IR in Fighting Poverty
Conclusion
References
12 The Impact of Financial Inclusion on Poverty from the Classical Theory of Poverty in the Fourth Industrial Revolution
Introduction
The Classical School of Thought and the Origins of Poverty
The Subculture Theory
The Fourth Industrial Revolution and the Classical Theory of Poverty
Financial Inclusion and Poverty from The Classical Point of View
Conclusion
References
13 The Impact of Financial Inclusion on Poverty from the Neoclassical Theory in the Fourth Industrial Revolution
Introduction
Poverty Under the Neoclassical School of Thought
The Monetary Approach to Poverty
Assets Approach to Poverty
Incentive, Market Failures, and Access to Credit Approach
Human Capital Theory
Ethnic Minority Groups and Immigration Perspective
Health and Demographics Perspective on Poverty
The Fourth Industrial Revolution and Neoclassical Theory of Poverty
Financial Inclusion and Neoclassical Theory of Poverty
Conclusion
References
14 The Impact of Financial Inclusion on Poverty: From Keynesian/Liberal Perspective in the Fourth Industrial Revolution
Introduction
Theories Of Poverty Under the Keynesian/Liberal Approach
Keynesian Macroeconomic View on Poverty
Fatalistic View of Poverty
Unemployment and Poverty
The Fourth Industrial Revolution and the Keynesian/Liberal Theory of Poverty
Financial Inclusion and The Keynesian/Liberal Theory of Poverty
Conclusion
References
15 Financial Inclusion, and Marxian/Radical Theory of Poverty in the Fourth Industrial Revolution
Introduction
Theories Of Poverty Under the Marxist/Radical Perspective
Dual Labour Markets
Discrimination and Class
Poverty and the Environment
Structural Approach to Poverty
The Fourth Industrial Revolution and the Marxian/Radical Theory
Financial Inclusion and the Marxian/Radical Theory
Conclusion
References
16 Financial Inclusion, Social Exclusion, Social Capital, and Psychological Theories of Poverty in the Fourth Industrial Revolution
Introduction
Social Exclusion Theory
Social Capital Theory
Psychological Explanations of the Causes of Poverty
Financial Inclusion the Social Exclusion, Social Capital, and the Psychological Explanations of Poverty
The Fourth Industrial Revolution, the Social Exclusion, Social Capital, and the Psychological Explanations
Conclusion
References
Part V Cases Studies of Digital Financial Inclusion
17 Selected Digital Financial Inclusion Success Stories Across Developing Economies
Introduction
Financial Inclusion and Digital Financial Inclusion in China
Automated Teller Machines (ATMs), Per 100,000 2006 to 2019
Village and Township Banks, Principal Sponsor Banking and Financial Inclusion
Ownership of Banking Accounts, Cards, and Credit Use of the Underserved Market Segments
Digital Financial Inclusion in China
Financial and Digital Financial Inclusion in Africa
Background of Digital Financial Inclusion in Africa
Key To Digital Financial Inclusion in Africa
M-Pesa Kenya Successful Case study for Financial and Digital Inclusion in Africa
The M-Tiba Service in Kenya for Digital Financial inclusion
How Does M-Tiba Operate?
Financial Inclusion Trends in Kenya
Conclusion
References
18 Digital Financial Inclusion, and the Way Forward for Emerging Markets: Towards Sustainable Development
Introduction
Digital Financial Inclusion
Necessary Elements for Digital Financial Inclusion in Africa and Other Markets
Digital Financial Inclusion Literature
The Opportunities for Digital Financial Services in Africa
Young and Dynamic Population
Significant Cash-Payment Volumes Through Informal Channels Represent a Large Untapped Market for Digital Financial Services
What Should Governments Do to Ensure that Digital Financial Services Yield More Towards Sustainable Development?
Regulators Ought to Promote Both Conventional and Digital Financial Literacy
Regulations Must Consider the Unique Opportunities and Constraints Consumers and Business Owners Encounter with Digital Financial Services.
While Providing a Digitization-Friendly Environment, Policymakers Must Improve Regulation, Oversight, And Market Conduct.
To Address Structural Challenges Preventing the Growth of The Financial Services Industry, Regulators, Public Policymaking Organizations, And The Private Sector Particularly Supply-Side Participants Must Collaborate.
Systemic Biases That Contribute to Financial Exclusion in The Financial System Can Be Removed Using Artificial Intelligence.
Conclusion and Policy Recommendations
References
19 The Conclusion of Digital Financial Inclusion: Revisiting Poverty Theories in the Context of the Fourth Industrial Revolution
Introduction
References
Index