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been truncated in Ghana due to limited access to financial opportunities. Despite this challenge, little is known about the …Globally Financial inclusion provides an opportunity to promote equal access to resources for all. One of the crucial … catalysts for microenterprises development is access to the financial market. However, the growth of many microenterprises has …
Persistent link: https://www.econbiz.de/10014501167
, financial institutions such as banks and microfinance institutions should develop financial products and services that promote … to gain access to scarce and vital information about available financial services like credit. …
Persistent link: https://www.econbiz.de/10011886047
such as microfinance banks enhance financial literacy to increase the scope of financial inclusion of the poor in rural … intermediaries such as microfinance banks to roll out financial literacy programs. This can be achieved through provision of …
Persistent link: https://www.econbiz.de/10012440403
This study aims to assess the role of culture as a determinant of financial inclusion, defined with respect to formal account ownership, saving and credit in/from formal financial institutions. A sample of 85 countries, comprising 50 developing and 35 developed countries from the World Bank’s...
Persistent link: https://www.econbiz.de/10013459337
-Saharan Africa using a panel of 46 countries for the period 2004–2018. The evidence suggests that usage of financial services, among … financial services. Precisely, a unit increase in the usage of financial products and services improves inclusive growth by 0 … growth benefits equitably. This can be achieved through moderate lending rates and transaction charges, improved access to …
Persistent link: https://www.econbiz.de/10013461052
Poverty reduction has become a top goal in the socio-economic development strategies of countries and a topic of interest for researchers. A number of prior empirical studies have identified the importance of financial inclusion to poverty reduction. However, most of these studies assess the...
Persistent link: https://www.econbiz.de/10014500269
than that of the digital financial inclusion which also is replicated in the access sub-dimensions, (3) Unlike the access … sub-dimensions the relative impact of the usage sub-dimension shows no large difference between the traditional and the … Granger caused more of traditional finance than the traditional finance Granger caused economic growth, (6) The access sub …
Persistent link: https://www.econbiz.de/10014500296
The youthful population of South Asia, holding the majority in the subregion, will also have a great share in the future alongside the risk of being not in education, employment, or training with a persisting gender gap. This makes it important to adopt a gender-responsive policy framework for...
Persistent link: https://www.econbiz.de/10014500310
context. Scholars and development agents have long argued for the importance of access to financial products and services in …, indicating that greater access to financial services contributes to improved economic outcomes for women. These findings …
Persistent link: https://www.econbiz.de/10014503033
excluded from formal financial services. Further results show that barriers to financial inclusion such as problem of access to … credit, absence of collateral, interest rate, lack of literacy, lack of internet access, lack of trust for financial … institutions, lack of money, problem of access to bank branches and ATMs are main obstacles of financial inclusion in Afar region …
Persistent link: https://www.econbiz.de/10013183910