Author(s)

Dina Bao

Corresponding Author

Dina Bao

ABSTRACT

In recent years, the issue of economic development gap has been the focus of attention of all countries. With the international economic situation more severe, this paper selects the 2014-2019 balance panel data of 30 countries along the Belt and Road to conduct an empirical study, which analyzes the effect of the development of Inclusive Finance with regard to the country's import and export trade. It can be concluded that the development of Inclusive Finance has a positive effect on the country's foreign trade and economic growth. Therefore, based on the conclusion, the paper puts forward some suggestions, like easing the financial constraints of small and micro enterprises, expanding the availability and fairness of financial services, and strengthening the cooperation and exchanges of Inclusive Finance. Moreover, hope that it can give the related countries certain theory help.

KEYWORDS

Inclusive Finance, Belt and Road, trade effect, empirical analysis