An Empirical Study on the Poverty Alleviation Effects of Inclusive Finance in the Northwest Ethnic Regions
China has actively been developing inclusive finance to offer quality and affordable financial services to vulnerable groups,such as low-income populations,micro,small and medium-sized enterpris-es,to enhance their self-development capabilities and achieve poverty alleviation.This study focuses on the regional characteristics of the northwest ethnic areas,analyzing the current development of inclusive finance and its mechanisms for poverty alleviation,to advance the inclusive finance in these regions.Us-ing prefecture-level panel data from 27 ethnic regional cities in Northwest China from 2011 to 2021,the study establishes an evaluation index system for inclusive finance development and empirically examines the relationship between inclusive finance development and poverty reduction.It demonstrates the pro-motional effects of inclusive finance on economic development and poverty alleviation in the northwest ethnic areas.Furthermore,it offers a model for other ethnic regions on leveraging inclusive finance for poverty alleviation.
inclusive financepoverty alleviationnorthwest ethnic region