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To explore the determinants of peer-to-peer (P2P) lending expansion, this study examines factors that impact P2P lending using a sample of 62 economies over the period 2015–2017. We investigate the effects of financial development and financial literacy on the expansion of P2P lending. The...
Persistent link: https://www.econbiz.de/10012835251
In this study, we aim to analyse financial literacy as a driver of financial wellbeing and economic growth in three of the most recent EU Member States, namely Romania, Bulgaria, and Croatia. Our particular interest in studying more in-depth these three countries is generated by their difficult...
Persistent link: https://www.econbiz.de/10013252554
The past two decades have seen a rapid increase in interest in financial inclusion, both from policymakers and researchers. This paper surveys the main findings from the literature, documenting the trends over time and gaps that have arisen across regions, income levels, and gender, among...
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-one heterogeneous African markets for the period 2002-2019 with emphasis on financial technology (Fintech). The liquidity-preference and … study hypothesized that Fintech transmits directly to financial development among emerging Africa but indirectly through … coefficients of Fintech among the various groups. The study concludes that on average, emerging African markets report higher …
Persistent link: https://www.econbiz.de/10013179597
Financial technology (fintech) is emerging as an innovative way to achieve financial inclusion and the broader … objective of inclusive growth. Thus far, fintech in the MENAP and CCA remains below potential with limited impact on financial … inclusion. This paper reviews the fintech landscape in the MENAP and CCA regions, identifies the constraints to the growth of …
Persistent link: https://www.econbiz.de/10012909418
This paper offers a meta-regression analysis of the literature on the drivers of financial development. Our results based on 1900 estimates suggest that institutional quality is positively correlated to both private sector credit and stock market capitalization (both as share of GDP). Domestic...
Persistent link: https://www.econbiz.de/10012229266
Does financial development contribute to economic growth? The literature finds that an expansion in financial resources is useful for economic growth if the degree of financial development is under a certain threshold; otherwise, the expansion is detrimental to growth. Almost every published...
Persistent link: https://www.econbiz.de/10012213152