Determinants of Financial Inclusion in Africa: Is Institutional Quality Relevant?

Nsiah, Anthony Yaw; Tweneboah, George

doi:10.1080/23311886.2023.2184305

“…That is, financial inclusion is where households and businesses can access financial services such as savings, payments, credit and insurance that are accessible and affordable. (Nsiah et al, (2023).…”

Section: Introductionmentioning

confidence: 99%

Effect of Macroeconomic indicators on Financial Inclusion: A Study of EAGLES Economies

Al Ali

2024

EJBESS

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The effect of macroeconomic variables on financial inclusion in EAGLES economies is examined in this study. The Eagles economy, comprising nine nations—Brazil, China, India, Indonesia, South Korea, Mexico, Taiwan, and Turkey—is the foundation of the analysis. The data was examined from the other eight prefectures because Taiwan's data isn't available from 1992 to 2022. The findings demonstrate that the connection between financial inclusion and GDP is very weak—nearly zero—and linear. There is a very slight negative link between exchange rates and financial inclusion. Additionally, there is a very modest negative link between interest rates and financial inclusion. Interest rates and financial inclusion have a very weakly negative association. A very slight positive linear association is suggested between the inflation rate and financial inclusion. There is a slight positive link between financial inclusion and the unemployment rate.

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“…This study investigates whether terrorism affects the level of financial inclusion. Financial inclusion refers to access and use of affordable formal financial services (Ozili and Mhlanga, 2023;Nsiah and Tweneboah, 2023). High level of financial inclusion is essential for financial development, and it improves the economic wellbeing of any nation (Demirgüç-Kunt and Singer, 2017).…”

Section: Introductionmentioning

confidence: 99%

“…Despite their important role for financial inclusion, there are ongoing debates about the factors that hinder or encourage financial sector agents to accelerate financial inclusion (Ulwodi and Muriu, 2017;Diniz, Birochi and Pozzebon, 2012;Tambunlertchai, 2018). In the literature, multiple determinants of financial inclusion have been proposed (see, for example, Nsiah and Tweneboah, 2023;Murshed et al, 2023;Ozili and Mhlanga, 2023). But no attempt has been made to consider terrorism as a potential determinant of financial inclusion.…”

Section: Introductionmentioning

confidence: 99%

Impact of terrorism on financial inclusion: evidence from the most terrorized countries in the world

Ozili

2024

SC

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Purpose This study aims to investigate the impact of terrorism on financial inclusion that is achieved through automated teller machine penetration and bank branch expansion. Design/methodology/approach Eight countries that are the most terrorized countries in the world were analysed using the panel fixed effect regression model and the generalized linear model. Findings The results provide evidence that terrorism reduces the level of financial inclusion in countries experiencing terrorism, but the presence of strong legal institutions, accountability governance institutions and political stability governance institutions mitigate the adverse effect of terrorism on financial inclusion. Originality/value A growing literature has shown that terrorism affects the economy, yet little is known about its impact on financial inclusion.

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“…This study investigates whether terrorism affects the level of financial inclusion. Financial inclusion refers to access and use of affordable formal financial services (Ozili and Mhlanga, 2023;Nsiah and Tweneboah, 2023). High level of financial inclusion is essential for financial development, and it improves the economic wellbeing of any nation (Demirgüç-Kunt and Singer, 2017).…”

Section: Introductionmentioning

confidence: 99%

“…Despite their important role for financial inclusion, there are ongoing debates about the factors that hinder or encourage financial sector agents to accelerate financial inclusion (Ulwodi and Muriu, 2017;Diniz, Birochi and Pozzebon, 2012;Tambunlertchai, 2018). In the literature, multiple determinants of financial inclusion have been proposed (see, for example, Nsiah and Tweneboah, 2023;Murshed et al, 2023;Ozili and Mhlanga, 2023). But no attempt has been made to consider terrorism as a potential determinant of financial inclusion.…”

Section: Introductionmentioning

confidence: 99%

Impact of Terrorism on Financial Inclusion: Evidence From the Most Terrorized Countries in the World

Ozili

2024

SSRN Journal

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Determinants of Financial Inclusion in Africa: Is Institutional Quality Relevant?

Cited by 20 publications

References 39 publications

Effect of Macroeconomic indicators on Financial Inclusion: A Study of EAGLES Economies

Effect of Macroeconomic indicators on Financial Inclusion: A Study of EAGLES Economies

Impact of terrorism on financial inclusion: evidence from the most terrorized countries in the world

Impact of Terrorism on Financial Inclusion: Evidence From the Most Terrorized Countries in the World

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