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INTERNATIONAL JOURNAL OF CREATIVE RESEARCH THOUGHTS - IJCRT (IJCRT.ORG)

International Peer Reviewed & Refereed Journals, Open Access Journal

IJCRT Peer-Reviewed (Refereed) Journal as Per New UGC Rules.

ISSN Approved Journal No: 2320-2882 | Impact factor: 7.97 | ESTD Year: 2013

Call For Paper - Volume 14 | Issue 3 | Month- March 2026

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  Published Paper Details:

  Paper Title

THE NEXUS OF SOCIO-ECONOMIC INCLUSION IN GLOBAL SOUTH

  Authors

  DR KAMAKULA N. MURTHY

  Keywords

Financial Inclusion, Human Development Index, Sustainable Development Digtal Economy.

  Abstract


The term "Global South" refers to developing countries, least developed countries, underdeveloped countries, lowincome economies, or thirdworld countries that have fallen out of favor. SouthSouth cooperation (SSC) has expanded in order to "challenge the North's political and economic dominance," and focused SSC activities have been renewed. The main objective is to develop mechanisms to promote the participation of people experiencing poverty and social exclusion in policy development and implementation. The existing literature provides more attention on socioeconomic exclusion in global south nation as characterized as developing nation. The Human Development Index (HDI) is a composite measure of a country's average achievements in three basic aspects of human development: health, knowledge, and standard of living. The Financial inclusion considered as economic inclusion is an enabler for the seventh of the seventeen Sustainable Development Goals, and the World Bank Group considers it a key enabler to reduce extreme poverty and boost shared prosperity. This study has made an attempts to measure financial inclusion using a cross country data set from Financial Access Survey (FAS) and the index of financial inclusion (IFI) developed by Sarma (2012). Then it presents an empirical analysis of the relationship between financial inclusion and human development across countries in global south. Thererfore the present study focused on the socioeconomic inclusion with the help of Human development index and financial inclusion index for the year 2022. This article investigates the relationship between financial inclusion and human development index positions in 138 countries throughout the global south. The purpose of this study is to investigate the nexus between financial inclusion and human development for global south nations and analyse the relation between financial inclusion and human development. The study examines the effect of IFI on the human development index (HDI) at the aggregate level.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2501655

  Paper ID - 236172

  Page Number(s) - f720-f733

  Pubished in - Volume 13 | Issue 1 | January 2025

  DOI (Digital Object Identifier) -    http://doi.one/10.1729/Journal.43320

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  DR KAMAKULA N. MURTHY,   "THE NEXUS OF SOCIO-ECONOMIC INCLUSION IN GLOBAL SOUTH", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.13, Issue 1, pp.f720-f733, January 2025, Available at :http://www.ijcrt.org/papers/IJCRT2501655.pdf

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Call For Paper March 2026
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ISSN and 7.97 Impact Factor Details


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ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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ISSN and 7.97 Impact Factor Details


ISSN
ISSN
ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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