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This paper examines the mainstream theories of "financial sustainability" and "financial development". It is suggested understanding "financial development" as the complex dynamic characteristics of the financial sector, which is formed under the influence of financial and economic policy...
Persistent link: https://www.econbiz.de/10012302049
This study assesses human development thresholds at which mobile banking mitigates poverty and inequality in 93 ….705 in inequality and poverty specifications, respectively. The relevance of the findings is discussed in light of the …" contribute to reducing inequality in countries at the bottom and top ends of the inequality distribution, while (ii) "mobiles …
Persistent link: https://www.econbiz.de/10011872835
This paper examines the dynamic causal relationship between financial development, external debt and investment in Lesotho, Namibia and Eswatini from 1980-2020 using a multivariate Granger-causality model. The study considers trade, savings and economic growth as intermittent variables in the...
Persistent link: https://www.econbiz.de/10014466539
This study aims to identify policies that influence the development of financial institutions as measured across three dimensions: depth, efficiency, and stability. Applying the concept of the financial possibility frontier, developed by Beck & Feyen (2013) and formalized by Barajas et al...
Persistent link: https://www.econbiz.de/10013015608
Persistent link: https://www.econbiz.de/10014326225
Sustainable finance refers to financial practices, policies, and interdisciplinary science, handling financial services, financial resources, financial decision-making, financial regulations, and the financial industry overall from sustainability perspectives by integrating environmental,...
Persistent link: https://www.econbiz.de/10014258423
This paper investigates whether financial development is conducive in poverty reduction. Separating financial … physical access is beneficial in reducing the proportion of people below the poverty line. Using alternative measures of … financial instability, the results also challenge existing findings that it may increase the incidence of poverty. In addition …
Persistent link: https://www.econbiz.de/10011779568
, knowledge economy (KE), inequality…etc. We conclude that the informal financial sector, a previously missing component in the … burgeoning trends in mobile phone penetration, KE and poverty. Hence, the IFS definition has incontrovertibly fought its final …
Persistent link: https://www.econbiz.de/10011409238
We assess the correlations between mobile banking and inclusive development (poverty and inequality) in 93 developing … findings are established. First, the increased use of mobile phones to pay bills is negatively correlated with: (i) poverty in … at HDI thresholds of 0.725, 0.727 and 0.778 and; (ii) inequality in UMIC and LA with HDI thresholds of respectively 0 …
Persistent link: https://www.econbiz.de/10011638880