Constructing a composite financial inclusion index for Brazil

Authors

  • João Guilherme Magalhães-Timotio CEPEAD - Centro de Pós-Graduação e Pesquisas em Administração - FACE/UFMG.
  • Francisco Vidal Barbosa CEPEAD - Centro de Pós-Graduação e Pesquisas em Administração - FACE/UFMG.
  • Bruno Pérez Ferreira CEPEAD - Centro de Pós-Graduação e Pesquisas em Administração - FACE/UFMG.

DOI:

https://doi.org/10.20397/2177-6652/2022.v22i1.1721

Keywords:

produção científica, fintechs, setor financeiro.

Abstract

ABSTRACT

Study objective: This work aimed to develop a composite index of financial inclusion for the Brazilian territory.

Methodology/approach: The Displaced Ideal Method was used to operationalize the data.

Originality/relevance: an inclusive financial system necessarily involves the democratization of finance. Financial inclusion represents a multidimensional social phenomenon that is characterized by the availability, access and use by people and companies of the products and services offered by financial institutions.

Main results: the results show that, although the financial system in Brazil is accessible and available, the use by people and companies of its products and services is still limited, something seen as a barrier for the potential of finance to promote the broader social and economic development.

Contributions to knowledge: it essentially consists of presenting a research frontier, endowed with contributions in a state of scientific turmoil and that therefore deserves to receive new studies that envision new perspectives, as well as confirmations and projections of new scenarios.

Technical and corporate contributions: the study offers a consistent analysis of a model that can be applied to decisions, both in terms of public and corporate policies.

 

Keywords: Financial system, Financial inclusion, Composite index, Displaced Ideal Method, Brazil.

Author Biographies

João Guilherme Magalhães-Timotio, CEPEAD - Centro de Pós-Graduação e Pesquisas em Administração - FACE/UFMG.

Doutorando no CEPEAD - Centro de Pós-Graduação e Pesquisas em Administração - FACE/UFMG.

Francisco Vidal Barbosa, CEPEAD - Centro de Pós-Graduação e Pesquisas em Administração - FACE/UFMG.

É professor titular da Universidade Federal de Minas Gerais e professor visitante da University of Applied Sciences Schmalkalden - Alemanha desde 2002. Pós-doutorado em Gestão de empresas de base tecnológica - setor de biotecnologia pela Harvard University em Cambridge - EUA (2001/2002), doutorado em Competitividade Empresarial - Aston University em Birmingham - Reino Unido (1996).

Bruno Pérez Ferreira, CEPEAD - Centro de Pós-Graduação e Pesquisas em Administração - FACE/UFMG.

Possui graduação em Administração Pública pela Fundação João Pinheiro (2002), graduação em Matemática pela Universidade Federal de Minas Gerais (2000), mestrado em Finanças pela Universidade Federal de Minas Gerais (2006), mestrado em Economia da Saúde e Fármaco-Economia - Universitat Pompeu Fabra (2007) e doutorado em Administração pela Universidade Federal de Minas Gerais (2011).

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Published

2022-03-27

How to Cite

Magalhães-Timotio, J. G., Barbosa, F. V., & Ferreira, B. P. (2022). Constructing a composite financial inclusion index for Brazil. Journal of Management & Technology, 22(1), 168–192. https://doi.org/10.20397/2177-6652/2022.v22i1.1721

Issue

Vol. 22 No. 1 (2022): Janeiro/Março

Section

ARTIGO

License

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