Research on the Impact of Inclusive Finance on Urban-rural Income Inequality in the Context of Rural Revitalization
-- Based on Williamson's Concept of Economic Management
DOI:
https://doi.org/10.54097/ajmss.v4i1.11715Keywords:
Williamson Economic Management System, Digital Financial Inclusion in Rural Areas, Digital Financial Inclusion IndexAbstract
Inclusive finance has the inherent advantage of fostering rural regeneration. As a result, the role of financial institutions in promoting regional revitalization, which is a national strategy, will be fully clarified, and the income disparity between urban and rural areas can be further reduced. Based mainly on Williamson's concept of economic management, this project analyzes the interaction between the development of inclusive finance and rural regeneration in our country, especially the income gap between urban and rural areas. Conduct comprehensive diagnostic research on the current state of financial inclusion by focusing on analyzing the development status and challenges of inclusive finance in rural areas and clarifying the importance of further development of inclusive finance. Second, taking into account the lessons learned from foreign indicators of comprehensive financial development, the indicators of comprehensive financial development should be considered, taking into account indicators such as financial geographic penetration, financing through product contact, and user friendliness. Establishing a system for measuring the degree, building indicators of rural comprehensive finance based on six perspectives, and based on the data analysis of the above indicators, the development of comprehensive finance will affect the income growth rate between urban and rural residents. We will continue to study the effects on inequality and try to prove that: The development of inclusive finance can effectively reduce the income gap between urban and rural residents. Villagers conclude that inclusive finance plays a positive role in facilitating the expected completion of rural regeneration. Finally, it proposes rationalizations for inclusive finance to play a greater role in reducing the income gap between urban and rural areas.
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