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Since the oil price downturn of 2015, the United Arab Emirates and fellow Gulf Cooperation Council countries have worked hard to expand digital payments in the interest of improved tax and revenue collection, transparency, and security. Yet despite a deep transformation and diversification of...
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Although financial inclusion is now recognized as an essential element of any economic development strategy that includes poverty reduction, a majority of the world's poor remain excluded from formal financial services. Since 2007, the Kenyan mobile payment scheme M-Pesa has captured world...
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Purpose: This study aims to assess the impact of financial development and financial inclusion on economic growth in Kenya by investigating the long-run relationships among them. Design/methodology/approach: This study uses bank claims on the private sector and broad money to proxy for financial...
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Contents: Preface xvi ahmad hassan ahmad, david t. Llewellyn and victor murinde -- 1. Introduction: Financial inclusion - an overview of key issues / David T. Llewellyn -- 2. Public policy for financial inclusion / David T. Llewellyn -- 3. Financial sector development and financial inclusion in...
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In this paper, we evaluate whether remittances promote financial inclusion in developing countries. We construct an index of financial inclusion and present single equation estimates of the effects of remittances on financial inclusion. The paper uses data on remittance flows to 61 developing...
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