Financial Inclusion's Impact on Income Inequality in South Asia

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This study investigates the significance of financial inclusion in reducing income inequality across South Asia, using data from 29 countries over the period 2010 to 2025. Employing a Panel Quantile Fixed Effect model, it reveals that financial inclusion notably benefits middle-income groups and has a pronounced impact on moderate inequality levels. Key influencing factors include trade openness, inflation, and disparity level variability. The study recommends tailoring financial inclusion...