From Rural Poverty to Prosperity: Reflections on Evidence, Policy, and the Path Forward

Abstract

<p>This concluding chapter draws on the thematic literature review in Part 1 and the extensive empirical findings of the contributed chapters from Parts 2 to 6 to provide reflections on evidence, and policy directions in charting the path forward regarding the viability of financial inclusion in driving sustainable rural development across the globe. In chronological order, the chapter summarises the key findings from all the empirical chapters and proceeds to discuss policy implications based on the findings. These policies mainly emphasise the importance of developing policies and implementing rural-based interventions by focusing on bridging rural–urban and gender differences in financial inclusion, boosting financial technological infrastructure, promoting digital and financial literacy, and designing policies that water down the cultural elements that reduce financial inclusion while widening its associated locational and gender gaps. Key challenges and recommendations in charting the path towards sustainable rural development through financial inclusion are discussed.</p>