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This study addresses the issue of financial innovation in developing countries, focusing specifically on the role fintechs have in closing the gender gap of financial inclusion in Sub-Saharan Africa (SSA) over the period 2011-2017. The empirical evidence is based on the multilevel tobit...
Persistent link: https://www.econbiz.de/10014238084
This paper empirically examines the quantitative relationship between financial inclusion and inclusive growth in sub-Saharan Africa using a panel of 46 countries for the period 2004–2018. The evidence suggests that usage of financial services, among other covariates, has a quantifiable and...
Persistent link: https://www.econbiz.de/10013461052
Financial institutions play a pivotal role in the efficient allocation of capital resources. However, some households …
Persistent link: https://www.econbiz.de/10013184424
mobile money account holders and institutions of the financial sector, including DFS providers. To these risks belong …
Persistent link: https://www.econbiz.de/10013475263
This study examined the impact of financial inclusion on economic growth disaggregated into traditional finance and digital finance with its sub-dimension for 29 Sub-Saharan African countries, 2012-2020. The study employed the panel feasible generalised least squares and panel system generalised...
Persistent link: https://www.econbiz.de/10014500296
Using a dynamic panel data analysis, we explore the factors influencing financial inclusion in Sub-Saharan Africa (SSA) and countries belonging to the Organization for Economic Co-operation and Development (OECD). We employ the System Generalized Method of Moments (GMM) estimator and assess 31...
Persistent link: https://www.econbiz.de/10014286845
This study analyzes the drivers of the use of formal vs. informal financial services in emerging and developing countries using the 2017 Global FINDEX data. In particular, we investigate whether individuals' choice of financial services correlates with macro-financial and macro-structural...
Persistent link: https://www.econbiz.de/10012251399
Mobile money can potentially contribute to the well-being of people at the bottom of the pyramid by providing them with the necessary platforms to access financial services. The mobile money platforms allow individuals to send, receive or save money in their mobile money wallet, services which...
Persistent link: https://www.econbiz.de/10012908720
Persistent link: https://www.econbiz.de/10013352978
This study examines the impact of financial inclusion on economic growth using panel data of 22 sub-Sahara African (SSA) countries during the period spanning from 2012 to 2018. The study employs the system Generalized Method of Moments (GMM). Using a composite index of financial inclusion as...
Persistent link: https://www.econbiz.de/10013460258