Does financial inclusion enhance financial stability? Evidence from a developing economy

Atellu, Antony R; Muriu, Peter

doi:10.1080/19186444.2021.2019555

Cited by 10 publications

(3 citation statements)

References 29 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The rapid development of digital finance has created an extremely wide range of influences. Some studies have analyzed the impact of digital finance on financial inclusion and stability (Ozili, 2018;Durai & Stella, 2019;Risman et al, 2021;Atellu & Muriu, 2022). Several studies have examined the impact of digital finance on financial efficiency (Wang et al, 2020).…”

Section: Literature Reviewmentioning

confidence: 99%

Digital Finance and Pollution

yueling

Wang²,

Zhang

2023

Journal of Global Information Management

View full text Add to dashboard Cite

Using combined data from the 2011–2013 China Industrial Firm Database, China Industrial Firm Pollution Emission Database, and provincial-level digital financial inclusion index, this paper investigates the impact of digital finance on firm pollution. The authors find that digital finance significantly reduces firm SO2 emission intensity. The inclusive finance attribute of digital finance is conducive to alleviating firm financing constraints and promoting firm transformation and emission reduction. Furthermore, digital finance reduces pollution through innovation compensation. Digital finance mainly affects private firms and small and medium-sized firms, while it mainly plays its role through depth of use, digital payments, and digital credit. The basic conclusions of this paper are verified by using the Internet development level and the spherical distance from Hangzhou, as instrumental variables. This paper has important policy implications for developing countries using digital financial tools to promote green economic transformation and high-quality development.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

Digital Finance and Pollution

yueling

Wang²,

Zhang

2023

Journal of Global Information Management

View full text Add to dashboard Cite

show abstract

“…In accordance with, ref. [42] also scrutinized the connection between inclusive finance and financial sustainability by utilizing the data set of Kenya. The study employed multivariate regression by using SEM, and findings indicated that inclusive finance enhanced sustainability in Kenya.…”

Section: Financial Inclusion and Sustainabilitymentioning

confidence: 99%

Effects of Financial Inclusion on Economic Growth, Poverty, Sustainability, and Financial Efficiency: Evidence from the G20 Countries

et al. 2022

View full text Add to dashboard Cite

The main purpose of this study is to scrutinize the effect of financial inclusion on financial sustainability, financial efficiency, gross domestic product, and human development in the context of G20 nations. This study has employed annual data of 15 developed and emerging economies during the period from 2004 to 2017. The current study has utilized a single index for financial inclusion, financial sustainability, and financial efficiency by employing principal composite analysis (PCA). The outcomes of the panel stationarity test confirmed the ARDL model for both the long and short runs. Equally, the findings of the ARDL Model 1 showed no association between financial inclusion and financial sustainability in the short run, however, in the long run, inclusive finance showed a significant impact on sustainability. Likewise, the ARDL Model 2 showed that financial inclusion has no effect on efficiency in the short run, while it positively influenced financial efficiency in the long run. The results of the ARDL Model 3 are also similar to Models 1 and 2 where inclusive finance showed no effect on poverty in the short run, but a significant effect in long run. Similarly, the ARDL Model 4 also presented no association between GDP and inclusive finance in the short run, while it showed significant relationships in the long run. Moreover, the outcomes of the GMM Model 1 showed a significant impact of inclusive finance on financial stability, and these results were similar to the GMM Model 2 between financial inclusion and financial efficiency. Additionally, GMM Models 3 and 4 have shown that inclusive finance has a statistically significant impact on poverty and economic expansion, respectively. The outcomes of this article are essential for policymakers, academics, regulators, and practitioners with valuable and convincing debate over financial inclusion, economic growth, poverty, sustainability, and financial efficiency.

show abstract

“…Both propositions suggest that poor households have got needs and demands and these demands need some form of resources to settle their domestic problems and needs like household food security, health and education among others and these resources should be accessed with ease without many procedures, especially to the very most poor [14,18]. Both theories have a point of linkage on economic/ financial resources as a requirement for poor households for their demands.…”

Section: Theoretical Reviewmentioning

confidence: 99%

Perspectives on the Village Savings and Loans Association Activities and Household Food Security in Uganda

Ogwal

Obici²,

Mwesigwa³

2022

ARJASS

View full text Add to dashboard Cite

The study examined various perspectives on Voluntary Savings and Loans Association (VSLA) activities and household food security in Uganda. Specifically, the study examined the effect of VSLA on household food Availability, established the contribution of VSLA on household food Access, and determined the effects of VSLA on household food Stability. The study adopted a literature review approach to collect information. The results suggest a positive relationship between VSLA activities and household food security in Uganda. It further reveals that VSLA activities affect food availability, food accessibility and food stability. It is concluded that if the government of Uganda can improve on the quality of VSLA activities, the level of household food security will improve. This study contributes to the understanding of the association between VSLA activities and household food security in the country. Therefore, for improved household food security, it is encouraged that the leadership of Local Governments focus more attention on mobilising local communities to join VSLA groups so that they can access affordable capital to increase their level of production, which can translate into sustainable household food security in the long run.

show abstract

Does financial inclusion enhance financial stability? Evidence from a developing economy

Cited by 10 publications

References 29 publications

Digital Finance and Pollution

Digital Finance and Pollution

Effects of Financial Inclusion on Economic Growth, Poverty, Sustainability, and Financial Efficiency: Evidence from the G20 Countries

Perspectives on the Village Savings and Loans Association Activities and Household Food Security in Uganda

Contact Info

Product

Resources

About