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In a polarised and highly unequal country such as South Africa, it is unlikely that a definition of the middle class that is based on an income threshold will adequately capture the political and social meanings of being middle class. We therefore propose a multi-dimensional definition, rooted...
Persistent link: https://www.econbiz.de/10011388311
The story of South Asia is a topsy-turvy one. Soon after independence from British rule, the region seemed to have a much better prospect than many other parts of the Third World; the prospects soon dimmed, however, as South Asia crawled while East and Southeast Asia galloped away. But a large...
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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 ….646 and 0.761. Second, the increased use of mobile phones to send/receive money is negatively correlated with: (i) poverty in …
Persistent link: https://www.econbiz.de/10011638880
This study assesses human development thresholds at which mobile banking mitigates poverty and inequality in 93 … used to receive/send money’ have an appealing role in promoting inclusive development in all poverty distributions, with ….705 in inequality and poverty specifications, respectively. The relevance of the findings is discussed in light of the …
Persistent link: https://www.econbiz.de/10011872835
The employment of financial development indicators without due consideration to country/regional specific financial development realities remains an issue of substantial policy relevance. Financial depth in the perspective of money supply is not equal to liquid liabilities in every development...
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