Keywords:
Bibliometric
Biblioshiny R-studio
Financial Inclusion
Future Research
Poverty Alleviation

  • Abstract

    Financial inclusion plays an essential role in alleviating poverty. However, the literature regarding the role of financial inclusion in poverty is still fragmented, and there has been no comprehensive review. This paper wants to analyze the intellectual structure of the topic and provide a comprehensive picture of this topic that has been discovered so far empirically in the field. A bibliometric study using Rstudio bibliophily on 497 articles from the Scopus database. This study found an increasing trend in research on financial inclusion and poverty over the past ten years. The International Journal of Social Economics is the most influential in this field. Koomson I and its affiliate, the University of New England, are the leading authors and affiliates on this topic, and India is the country with the most publications. In addition, five keys and directions for developing research on financial inclusion and poverty were found. study specifically analyzes the progress of research on financial inclusion and poverty, which has not been investigated in previous studies. This study can provide insight into future research on this topic. This study is limited to Scopus data, scientific articles, and the English language. In addition, the keywords used may not represent all research on this topic. Future research can expand the search database and use keywords that better represent the topic.

  • References

    1. Abor, J. Y., Amidu, M., & Issahaku, H. (2018). Mobile Telephony, Financial Inclusion and Inclusive Growth. Journal of African Business, 19(3), 430–453. https://doi.org/10.1080/15228916.2017.1419332
    2. Adeniji, A. O., Okaiyeto, K., Mohammed, J. N., Mabaleha, M., Tanor, E. B., & George, M. J. (2023). A mixed method assessment of research productivity on microplastics in various compartments in the environment. International Journal of Environmental Science and Technology, 20(11), 12847–12874. https://doi.org/10.1007/s13762-023-04916-7
    3. Adera, A., & Abdisa, L. T. (2023). Financial inclusion and women’s economic empowerment: Evidence from Ethiopia. Cogent Economics and Finance, 11(2), 1–22. https://doi.org/10.1080/23322039.2023.2244864
    4. Afjal, M. (2023). Bridging the financial divide: a bibliometric analysis on the role of digital financial services within FinTech in enhancing financial inclusion and economic development. Humanities and Social Sciences Communications, 10(1). https://doi.org/10.1057/s41599-023-02086-y
    5. Anwar, S. M. R., Mustafa, R., & Kalam Azad, M. A. (2023). Application of fintech in financial inclusion: a bibliometric review. International Journal of Operational Research, 48(4), 509–528.
    6. Appio, F. P., Cesaroni, F., & Di Minin, A. (2014). Visualizing the structure and bridges of the intellectual property management and strategy literature: a document co-citation analysis. Scientometrics, 101(1), 623–661. https://doi.org/10.1007/s11192-014-1329-0
    7. Aria, M., & Cuccurullo, C. (2017). bibliometrix: An R-tool for comprehensive science mapping analysis. Journal of Informetrics, 11(4), 959–975. https://doi.org/10.1016/j.joi.2017.08.007
    8. Aziz, M. R. A., Jali, M. Z., Noor, M. N. M., Sulaiman, S., Harun, M. S., & Mustafar, M. Z. I. (2021). Bibliometric Analysis Of Literatures On Digital Banking And Financial Inclusion Between 2014-2020. Library Philosophy and Practice, 1–31.
    9. Chakraborty, R., & Abraham, R. (2021). The impact of financial inclusion on economic development: the mediating roles of gross savings, social empowerment and economic empowerment. International Journal of Social Economics, 48(6), 878–897. https://doi.org/10.1108/IJSE-02-2020-0077
    10. Chen, C. (2006). CitiSpace II: Detecting and Visualizing Emerging Trends and Transient Patterns in Scientific Literature. Journal of the American Society for Information Science and Technology, 57(3), 359–377. https://doi.org/10.1002/asi
    11. Chhatoi, B. P., Sahoo, S. P., & Nayak, D. P. (2021). Assessing the academic journey of “financial inclusion” from 2000 to 2020 through bibliometric analysis. Journal of Scientometric Research, 10(2), 148–159. https://doi.org/10.5530/JSCIRES.10.2.29
    12. Churchill, S. A., & Marisetty, V. B. (2020). Financial inclusion and poverty: a tale of forty-five thousand households. Applied Economics, 52(16), 1777–1788. https://doi.org/10.1080/00036846.2019.1678732
    13. De Moya-Anegón, F., Chinchilla-Rodríguez, Z., Vargas-Quesada, B., Corera-Álvarez, E., Muñoz-Fernández, F. J., González-Molina, A., & Herrero-Solana, V. (2007). Coverage analysis of Scopus: A journal metric approach. Scientometrics, 73(1), 53–78. https://doi.org/10.1007/s11192-007-1681-4
    14. Demir, A., Pesqué-Cela, V., Altunbas, Y., & Murinde, V. (2022). Fintech, financial inclusion and income inequality: a quantile regression approach. European Journal of Finance, 28(1), 86–107. https://doi.org/10.1080/1351847X.2020.1772335
    15. Demirguc-Kunt, A., Klapper, L., & Singer, D. (2017). Financial Inclusion and Inclusive Growth: A Review of Recent Empirical Evidence. In Financial Inclusion and Inclusive Growth: A Review of Recent Empirical Evidence (Issue April). https://doi.org/10.1596/1813-9450-8040
    16. Donthu, N., Kumar, S., Mukherjee, D., Pandey, N., & Lim, W. M. (2021). How to conduct a bibliometric analysis: An overview and guidelines. Journal of Business Research, 133(March), 285–296. https://doi.org/10.1016/j.jbusres.2021.04.070
    17. Ellili, N. O. D. (2024). Financial inclusion and sustainable development: A review and research agenda (2024). Journal of Financial Services Marketing.
    18. Fomum, T. A., & Opperman, P. (2023). Financial inclusion and performance of MSMEs in Eswatini. International Journal of Social Economics, 50(11), 1551–1567. https://doi.org/10.1108/IJSE-10-2020-0689
    19. Gallego-Losada, M. J., Montero-Navarro, A., García-Abajo, E., & Gallego-Losada, R. (2023). Digital financial inclusion. Visualizing the academic literature. Research in International Business and Finance, 64(December 2022), 101862. https://doi.org/10.1016/j.ribaf.2022.101862
    20. Gálvez-Sánchez, F. J., Lara-Rubio, J., Verdú-Jóver, A. J., & Meseguer-Sánchez, V. (2021). Research Advances on Financial Technology: A Bibliometric Analysis. Sustainability, 13, 495–508. https://doi.org/10.1007/978-3-031-26953-0_45
    21. Ghosh, M. (2024). Financial inclusion studies bibliometric analysis: Projecting a sustainable future. Sustainable Futures, 7(May 2023), 100160. https://doi.org/10.1016/j.sftr.2024.100160
    22. Gu, J. (2024). Dynamic bidirectional relationship between financial inclusion and energy poverty: Evidence from China. Energy Reports, 11(5), 5300–5314. https://doi.org/10.1016/j.egyr.2024.05.004
    23. Guan, L., & Zhao, C. (2024). Exploring the dual role of financial inclusion and mineral resources in elevating sustainable development. Resources Policy, 90(July 2023), 104628. https://doi.org/10.1016/j.resourpol.2023.104628
    24. Gutiérrez-Salcedo, M., Martínez, M. Á., Moral-Munoz, J. A., Herrera-Viedma, E., & Cobo, M. J. (2018). Some bibliometric procedures for analyzing and evaluating research fields. Applied Intelligence, 48(5), 1275–1287. https://doi.org/10.1007/s10489-017-1105-y
    25. Hasan, M., Abedin, M. Z., Amin, M. Bin, Nekmahmud, M., & Oláh, J. (2023). Sustainable biofuel economy: A mapping through bibliometric research. Journal of Environmental Management, 336(March). https://doi.org/10.1016/j.jenvman.2023.117644
    26. Inoue, T. (2024). Digital financial inclusion, international remittances, and poverty reduction. Journal of Economic Structures, 13(1). https://doi.org/10.1186/s40008-024-00328-z
    27. Jha, S., & Dangwal, R. C. (2024). Fintech services and financial inclusion: a systematic literature review of developing nations. Journal of Science and Technology Policy Management. https://doi.org/10.1108/JSTPM-03-2023-0034
    28. Jung, S., & Segev, A. (2022). Analyzing the generalizability of the network-based topic emergence identification method. Semantic Web, 13(3), 423–439. https://doi.org/10.3233/SW-212951
    29. Khaki, A. R., & Sangmi, M. U. D. (2017). Does access to finance alleviate poverty? A case study of SGSY beneficiaries in Kashmir Valley. International Journal of Social Economics, 44(8), 1032–1045. https://doi.org/10.1108/IJSE-10-2015-0277
    30. Khan, N., Zafar, M., Okunlola, A. F., Zoltan, Z., & Robert, M. (2022). Effects of Financial Inclusion on Economic Growth, Poverty, Sustainability, and Financial Efficiency: Evidence from the G20 Countries. Sustainability (Switzerland), 14(19). https://doi.org/10.3390/su141912688
    31. Khongwir, C. M., & Sharmiladevi, J. C. (2023). A Bibliometric Analysis on Financial Inclusion and Financial Literacy – Analyzing the Current Research Trends. Indian Journal of Finance, 17(2), 27–53.
    32. Koomson, I. (2024). Financial inclusion and multidimensional child poverty. Review of Economics of the Household, 22(1), 237–260. https://doi.org/10.1007/s11150-022-09641-7
    33. Koomson, I., & Danquah, M. (2021). Financial inclusion and energy poverty: Empirical evidence from Ghana. Energy Economics, 94, 105085. https://doi.org/10.1016/j.eneco.2020.105085
    34. Koomson, I., Kofinti, R. E., & Laryea, E. (2024). Financial inclusion and multidimensional child poverty. Review of Economics of the Household, 22(1), 237–260. https://doi.org/10.1007/s11150-022-09641-7
    35. Koomson, I., Villano, R. A., & Hadley, D. (2020a). Effect of Financial Inclusion on Poverty and Vulnerability to Poverty: Evidence Using a Multidimensional Measure of Financial Inclusion. Social Indicators Research, 149(2), 613–639. https://doi.org/10.1007/s11205-019-02263-0
    36. Koomson, I., Villano, R. A., & Hadley, D. (2020b). Effect of Financial Inclusion on Poverty and Vulnerability to Poverty: Evidence Using a Multidimensional Measure of Financial Inclusion. Social Indicators Research, 149(2), 613–639. https://doi.org/10.1007/s11205-019-02263-0
    37. Lee, C.-C., Lou, R., & Wang, F. (2023). Digital financial inclusion and poverty alleviation: Evidence from the sustainable development of China. Economic Analysis and Policy, 77, 418–434. https://doi.org/10.1016/j.eap.2022.12.004
    38. Li, Z., Hasan, M. M., & Lu, Z. (2023). Studying financial inclusion, energy poverty, and economic development of South Asian countries. Environmental Science and Pollution Research, 30(11), 30644–30655. https://doi.org/10.1007/s11356-022-24209-9
    39. Mader, P. (2018). Contesting Financial Inclusion. Development and Change, 49(2), 461–483. https://doi.org/10.1111/dech.12368
    40. Melcer, E., Dinh Nguyen, T.-H., Chen, Z., Canossa, A., El-Nasr, M. S., & Isbister, K. (2015). Games Research Today: Analyzing the Academic Landscape 2000-2014. Proceedings of the 10th International Conference on the Foundations of Digital Games, Fdg.
    41. Mou, J., Cui, Y., & Kurcz, K. (2019). Bibliometric and visualized analysis of research on major e-commerce journals using citespace. Journal of Electronic Commerce Research, 20(4), 219–237.
    42. Mushtaq, R., & Bruneau, C. (2019). Microfinance, financial inclusion and ICT: Implications for poverty and inequality. Technology in Society, 59(July), 101154. https://doi.org/10.10 16/j.techsoc.2019.101154
    43. Mushtaq, R., Dastane, O., Rafiq, M., & Başar, B. D. (2023). Women financial inclusion research: a bibliometric and network analysis. International Journal of Social Economics, 50(8), 1169–1185. https://doi.org/10.1108/IJSE-06-2022-0438
    44. Novreska, S., & Arundina, T. (2024). The Role of Islamic Financial Inclusion in Poverty, Income Inequality, and Human Development in Indonesia. Journal of Islamic Monetary Economics and Finance, 10(1), 135–154. https://doi.org/10.21098/jimf.v10i1.1973
    45. Omar, A., & Inaba, K. (2020). Does financial inclusion reduce poverty and income inequality in developing countries? A panel data analysis. Journal of Economic Structures. https://scholar.google.com/scholar?q=Does financial inclusion reduce poverty and income inequality in developing countries? A panel data analysis
    46. Omotehinwa, T. O. (2022). Examining the developments in scheduling algorithms research: A bibliometric approach. Heliyon, 8(5), e09510. https://doi.org/10.1016/j.heliyon.2022.e09510
    47. Park, C.-Y., & Mercado, R. J. (2018). Financial Inclusion, Poverty, and Income Inequality. Singapore Economic Review, 63(1), 185–206. https://doi.org/10.1142/S0217590818410059
    48. Pranajaya, E., Alexandri, M. B., Chan, A., & Hermanto, B. (2024). Examining the influence of financial inclusion on investment decision: A bibliometric review. Heliyon, 10(3), e25779. https://doi.org/10.1016/j.heliyon.2024.e25779
    49. Radhakrishnan, S., Erbis, S., Isaacs, J. A., & Kamarthi, S. (2017). Correction: Novel keyword co-occurrence network-based methods to foster systematic reviews of scientific literature (. PLoS ONE, 12(9), 1–16. https://doi.org/10.1371/journal.pone.0185771
    50. Rahman, M. M. (2024). Moderating effects of energy poverty on financial inclusion, FinTech lending, and economic growth: Evidence from fsQCA, NCA, and econometric models. Environmental Challenges, 15(February), 100867. https://doi.org/10.1016/j.envc.2024.100867
    51. Rainone, G. J., Nugent, J. G., Yeradi, M., Ramanathan, S., & Lega, B. C. (2024). Bibliometric Analysis and Applications of a Modified H-Index Examining the Research Productivity of Neurosurgery Faculty at High-Ranking Academic Institutions. World Neurosurgery, 181, e925–e937. https://doi.org/10.1016/j.wneu.2023.11.015
    52. Shi, R., & Wan, X. L. (2024). A bibliometric analysis of knowledge mapping in Chinese education digitalization research from 2012 to 2022. Humanities and Social Sciences Communications, 11(1). https://doi.org/10.1057/s41599-024-03010-8
    53. Singh, J., & Singh, M. (2023). Does financial inclusion impact socio-economic stability? A study of social safety net in Indian slums. International Journal of Social Economics, 50(8), 1060–1084. https://doi.org/10.1108/IJSE-04-2022-0261
    54. Tabash, M. I., Ezekiel, O., Ahmed, A., Oladiran, A., Elsantil, Y., & Lawal, A. I. (2024a). Examining the linkages among financial inclusion, economic growth, poverty, and inequality reduction in Africa. Scientific African, 23. https://doi.org/10.1016/j.sciaf.2024.e02096
    55. Tabash, M. I., Ezekiel, O., Ahmed, A., Oladiran, A., Elsantil, Y., & Lawal, A. I. (2024b). Examining the linkages among financial inclusion, economic growth, poverty, and inequality reduction in Africa. Scientific African, 23, e02096. https://doi.org/10.1016/j.sciaf.2024.e02096
    56. Tandon, P., Jasuja, D., Singh, A. B., & Jain, T. (2023). Financial inclusion as a tool for achieving inclusive growth: systematic literature and future research agenda. International Journal of Sustainable Economy, 15(4), 548–572.
    57. Thangavel, P., & Chandra, B. (2023). Two Decades of M-Commerce Consumer Research: A Bibliometric Analysis Using R Biblioshiny. Sustainability (Switzerland), 15(15). https://doi.org/10.3390/su151511835
    58. Wang, D., & Jia, Q. (2023). Twenty years of research development on teachers’ critical thinking: Current status and future implications——A bibliometric analysis of research articles collected in WOS. Thinking Skills and Creativity, 48(January), 101252. https://doi.org/10.1016/j.tsc.2023.101252
    59. Wang, F., Zhang, X., Ye, C., & Ca, Q. (2024). The Household Multidimensional Poverty Reduction Effects of Digital Financial Inclusion: A Financial Environment Perspective. Social Indicators Research, 172. https://doi.org/10.1007/s11205-023-03298-0
    60. Wang, X., & He, G. (2020). Digital financial inclusion and farmers’ vulnerability to poverty: Evidence from rural China. Sustainability (Switzerland), 12(4). https://doi.org/10.3390/su12041668
    61. Xie, H., Zhang, Y., Wu, Z., & Lv, T. (2020). A bibliometric analysis on land degradation: Current status, development, and future directions. Land, 9(1). https://doi.org/10.3390/LAND9010028
    62. Yanina, C. E. A., & Uriarte, C. J. S. (2023). Psychological Perspectives on Financial Inclusion and Gender Gaps: A Literature Review. Journal for ReAttach Therapy and Developmental Diversities, 6(7), 541–548.
    63. Zhang, L., & Eichmann-Kalwara, N. (2019). Mapping the Scholarly Literature Found in Scopus on “Research Data Management”: A Bibliometric and Data Visualization Approach. Journal of Librarianship and Scholarly Communication, 7(1). https://doi.org/https://doi.org/10.7710/2162-3309.2266
Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

How to cite

Kadir, R. D., Maski, G., Tri Wahyudi, S., & Devia Sagita Sumantri, V. (2025). Financial inclusion’s impact on reducing poverty: A bibliometric mapping. Multidisciplinary Reviews, (| Accepted Articles). Retrieved from https://malque.pub/ojs/index.php/mr/article/view/9909
  • Article viewed - 43