1.4 billion adults have no access to banking - that means it's harder for them to save, to borrow, to send money or to start a business - than for those of us that do.Our guest on Radio Davos is an expert on the global state of people's access to financial services, who helped create the Global Findex database, a huge survey on financial inclusion Leora Klapper, a Lead Economist in the Finance and Private Sector Research Team of the Development Research Group at the World Bank, has a truly global view of this issue. She tells Radio Davos why financial inclusion - which is, fortunately, on the rise - can be crucial in eliminating poverty and improving lives.

Also mentioned on this podcast: The Global Covid-19 Fintech Market Impact and Industry Resilience Study from the World Economic Forum, with data from 1,448 fintech firms from 192 countries.

Host: Robin Pomeroy
Editing: Jere Johannson
Studio production: Gareth Nolan

Transcript: https://www.weforum.org/agenda/2022/09/financial-inclusion-findex-radio-davos-world-bank-economist

Financial inclusion - how increased access to banking is lifting people out of poverty

Radio Davos