​

Abstract: In the context of the new era of accelerated evolution of the current century-old changes, the country's economic resilience has become a controlling factor in determining whether a country's economy can develop smoothly and safely. Substantial enhancement of the level of economic resilience of the country, financial inclusive development and industrial structure upgrading play an unignorable role in it. Based on the World Bank's global economic and social development database from 2011 to 2021, and on the basis of reconstructing the internationally comparable financial inclusion and national economic resilience index system, the impact of financial inclusion and industrial structure upgrading on national economic resilience in 64 economies is examined in depth by using the panel random-effects model, instrumental variable method, extended regression model and intermediary mechanism test, and the study finds that financial It is found that the increase in the level of financial inclusion has a positive effect on the enhancement of national economic resilience, but the upgrading of industrial structure directed by the increase in the proportion of the service industry will weaken the national economic resilience to a certain extent; the upgrading of industrial structure plays an obvious intermediary role in the process of financial inclusion affecting the national economic resilience, and the financial inclusion and the upgrading of industrial structure can synergistically improve the enhancement of the country's economic resilience. Further examining the heterogeneity, it is found that the development of financial inclusion has a significant positive impact on the economic resilience of countries of all types of cleanliness levels and countries of all income levels, and as the level of corruption increases, the greater the role of financial inclusion in promoting the economic resilience of the country. And among different income groups, The boosting effect of financial inclusion on national economic resilience is strongest in low- and middle-income countries, followed by upper-middle-income, and weakest in high-income countries. After the robustness test, the conclusion still holds, and this paper provides classified empirical support for different types of countries to further optimize financial and industrial policies to enhance national economic resilience according to local conditions.

Keywords: Financial Inclusion; Industrial Structural Upgrading; National Economic Resilience; Panel Data