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Digital financial services have been a key driver of financial inclusion in recent years. While there is evidence that … digital financial inclusion? What drives digital financial inclusion? Why does it advance more in some countries but not in … digital financial inclusion is positively associated with growth in GDP per capita during 2011-2018, which suggests that …
Persistent link: https://www.econbiz.de/10012612325
Higher digital connectivity is expected to bring opportunities to leapfrog development in sub-Saharan Africa (SSA …). Experience within the region demonstrates that if there is an adequate digital infrastructure and a supportive business … confirms the global digital divide through the unsupervised machine learning clustering K-means algorithm. Next, it derives a …
Persistent link: https://www.econbiz.de/10012103782
This paper examines the extent to which digitalization-measured by a new proxy based on IP addresses allocations per country-has influenced inflation dynamics in a sample of 36 advanced and emerging economies over 2000-2017. Phillips curve estimates show that digitalization has a statistically...
Persistent link: https://www.econbiz.de/10012154996
firms' digital transformation. This will be essential for economies to bounce back from the pandemic, and build the … the pandemic, and we expect firms facing digital constraints to be less resilient to supply shocks. This paper uses firm … the pandemic. Against this backdrop, our results suggest that policymakers need to close the digital gap and accelerate …
Persistent link: https://www.econbiz.de/10013170239
Persistent link: https://www.econbiz.de/10012605015
The COVID-19 pandemic has accelerated the shift toward digital services. Meanwhile, the race for technological and …-known result is that banning imports may be optimal in monopolistic sectors, such as the digital sector. The novel result of this …
Persistent link: https://www.econbiz.de/10012392638
sufficient to achieve inclusive growth. Digital technologies have potential to boost SMEs productivity and growth and economies … are rapidly digitalizing, thus SMEs need to embrace digital solutions to compete and survive. Therefore, for SMEs to be … effective engines of inclusive growth, a rethinking of the SME development strategy is needed that makes SMEs' digital …
Persistent link: https://www.econbiz.de/10012300586
China's digital economy has expanded rapidly in recent years. While average digitalization of the economy remains lower … fintech, and costal regions. Such transformation has boosted productivity growth, with varying impact on employment across …
Persistent link: https://www.econbiz.de/10012001580
Digital connectivity, including through the modern cellular network technologies, is expected to play a key role for … demographic transformation and rapid urbanization in SSA. We use the WorldPop and GADM databases and the UN's medium … of subscriber income by 2040 for 5G. Having the infrastructure in place is not sufficient to bridge the mobile Digital …
Persistent link: https://www.econbiz.de/10012154757
We examine how the development of the digital infrastructure known as the 'India Stack'-including an interoperable … payments system, a universal digital ID, and other features-is delivering on the government's objective to expand the provision … synergies across the layers of the Stack. Until recently, a large share of India's population lacked access to formal banking …
Persistent link: https://www.econbiz.de/10012518740