Financial inclusion and development in the least developed countries in Asia and Africa

Abstract The purpose of this paper is to investigate the relationship between financial inclusion index and development variables in least developed countries Asia Africa by using annual data 42 for period 2000–2019. pooled panel regression analysis technique are used explore relationship. empirical finding indicates that economic growth leads inclusion. Unemployment literacy rates among factors contributing inclusion, it observed women more vulnerable than men lack In less countries, economy relies heavily on agriculture, people financially inclusive when they live rural areas these countries. Also, pay inequality reduces has a negative impact development. low rate levels results study can lead empowerment groups studied order improve conditions development, policymakers should consider policies enhance literacy, eliminate gender increase equality.