bibtype V - Research Report
ARLID 0572589
utime 20240402214026.5
mtime 20230606235959.9
title (primary) (eng) Determinants of Financial Inclusion in Africa and OECD Countries
publisher
place Praha
name UK FSV – IES
pub_time 2023
specification
page_count 40 s.
media_type E
edition
name IES working papers
volume_id IES WP 18/2023
keyword Financial Inclusion
keyword Financial Inclusion Index
keyword Sub-Saharan Africa
author (primary)
ARLID cav_un_auth*0312139
name1 Kočenda
name2 Evžen
institution UTIA-B
full_dept (cz) Ekonometrie
full_dept (eng) Department of Econometrics
department (cz) E
department (eng) E
full_dept Department of Econometrics
country CZ
share 50
fullinstit Ústav teorie informace a automatizace AV ČR, v. v. i.
author
ARLID cav_un_auth*0450936
name1 Eshun
name2 S. F.
country GH
share 50
source
url http://library.utia.cas.cz/separaty/2023/E/kocenda-0572589.pdf
cas_special
abstract (eng) Sub-Saharan Africa (SSA) has been identified as one of the least financially inclusive regions in the world with a huge disparity in comparison to highly financially inclusive regions. Using a dynamic panel data analysis, we explore the factors influencing financial inclusion in Sub-Saharan Africa (SSA) using countries belonging to the Organisation for Economic Co-operation and Development (OECD) as a benchmark. We employ the System Generalized Method of Moments (GMM) estimator and assess 31 SSA and 38 OECD countries from 2000-2021. We show that the differences in trade openness, banks' efficiency, income, and remittances are some macro-level factors that explain the variation in financial inclusion levels. We highlight the importance of quality literacy policies, trade improvement with restrictions on cross-border capital flows, and a more efficient financial system to promote financial inclusion.
RIV AH
FORD0 50000
FORD1 50200
FORD2 50202
reportyear 2024
num_of_auth 2
permalink https://hdl.handle.net/11104/0344417
confidential S
arlyear 2023
mrcbU10 2023
mrcbU10 Praha UK FSV – IES