Digital Financial Inclusion as a Pillar of Disaster Resilience

Author:

Valencia Daniel Cardona1ORCID,Calabuig Carola2,Salazar Juan Felipe Laverde3ORCID,Morales Maria Eugenia4ORCID

Affiliation:

1. Universidad de Antioquia, Colombia

2. INGENIO, Valencia Polytechnic University, Spain

3. Institución Universitaria Pascual Bravo, Colombia

4. Institución Universitaria Politécnico Gran Colombiano, Colombia

Abstract

The global crisis from the COVID-19 pandemic has evolved into a multi-sectoral emergency, marked by volatile markets and adverse socio-economic consequences. Numerous initiatives and policies aim to stimulate business recovery and consumption, addressing the impact on household incomes. This chapter presents digital financial inclusion (DFI) as a strategy to tackle socio-economic challenges from the pandemic, focusing on vulnerable populations. The goal is to develop sustainable strategies enhancing their conditions. To achieve this, a bibliometric analysis of institutional publications and reports on financial inclusion has mapped challenges, contributions, and recommendations, particularly in the context of economic recovery in Colombia. The findings highlight DFIs' crucial role in formulating financial policies, emphasizing the adoption of fintech tools for inclusive innovation. These strategies align with pursuing Sustainable Development Goals (SDGs), crucial in rebuilding and strengthening economies, especially in developing countries.

Publisher

IGI Global

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