Title: Academic footprint of 'financial literacy and financial inclusion': a review and future research agenda

Authors: Biswajit Prasad Chhatoi; Sharada Prasad Sahoo; Durga Prasad Nayak

Addresses: Department of Business Administration, Berhampur University, Berhampur, Odisha-760007, India ' Department of Business Administration, Berhampur University, Berhampur, Odisha-760007, India ' Department of Business Administration, Berhampur University, Berhampur, Odisha-760007, India

Abstract: Despite the substantial interest by research geographer, experts, policymakers and the World Bank, there are still atypical and disintegrated theories of financial literacy and financial inclusion (FLFI) as the research domain is still emerging. In response, the objective of this research is to review and synthesise FLFI research and to suggest directions for future research. We review certified knowledge (journal articles) published during the first two decades of the 21st century. The research on FLFI is fragmented and has emerged in the 21st century in diverse directions. The current research unearths key publication outlets and articles, theoretical and methodological approaches and major variables, and several themes of FLFI literature. The findings also suggest future research direction in FLFI and themes associated to them. The current research is an attempt to summarise the current state of the FLFI literature and unearths future research direction that requires immediate attestation.

Keywords: financial literacy; financial inclusion; systematic literature review; financial awareness; financial services.

DOI: 10.1504/GBER.2023.131195

Global Business and Economics Review, 2023 Vol.28 No.4, pp.447 - 468

Received: 26 May 2021
Accepted: 27 Apr 2022
Published online: 01 Jun 2023 *

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