Ict Financial Inclusion And Growth

Author : Mr.Kangni Kpodar,Mihasonirina Andrianaivo
Publisher : International Monetary Fund
Page : 47 pages
File Size : 42,6 Mb
Release : 2011-04-01
Category : Business & Economics
ISBN : 9781455227068

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ICT, Financial Inclusion, and Growth by Mr.Kangni Kpodar,Mihasonirina Andrianaivo Pdf

This paper studies the impact of information and communication technologies (ICT), especially mobile phone rollout, on economic growth in a sample of African countries from 1988 to 2007. Further, we investigate whether financial inclusion is one of the channels through which mobile phone development influences economic growth. In estimating the impact of ICT on economic growth, we use a wide range of ICT indicators, including mobile and fixed telephone penetration rates and the cost of local calls. We address any endogeneity issues by using the System Generalized Method of Moment (GMM) estimator. Financial inclusion is captured by variables measuring access to financial services, such as the number of deposits or loans per head, compiled by Beck, Demirguc-Kunt, and Martinez Peria (2007) and the Consultative Group to Assist the Poor (CGAP, 2009). The results confirm that ICT, including mobile phone development, contribute significantly to economic growth in African countries. Part of the positive effect of mobile phone penetration on growth comes from greater financial inclusion. At the same time, the development of mobile phones consolidates the impact of financial inclusion on economic growth, especially in countries where mobile financial services take hold.

Author : Mohamed Sami Ben Ali
Publisher : Taylor & Francis
Page : 226 pages
File Size : 49,7 Mb
Release : 2022-06-09
Category : Business & Economics
ISBN : 9781000574159

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Digitalization and Economic Development by Mohamed Sami Ben Ali Pdf

This book analyses the impact of Information and Communication Technologies (ICTs) on economic development. It contains theoretical and empirical studies, including panel studies on various issues facing developing countries, such as education, corruption, economic growth, government expenditure, financial inclusion, foreign direct investment, infrastructure, economic and social welfare, and inequality. Each chapter offers a well-conceived analysis of the most recent trends in both theory and empirics and addresses numerous policy implications related to the different aspects dealt with in the volume. Overall, this book will be an excellent guide for global graduate students at the Master and PhD levels, as well as academics researching various issues related to economic development while analyzing the role of ICTs. It also addresses numerous policy implications related to economic development for policymakers, investors and stakeholders.

Author : Anonim
Publisher : Unknown
Page : 0 pages
File Size : 55,9 Mb
Release : 2024
Category : Electronic
ISBN : 9798369320617

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REVOLUTIONIZING CUSTOMER-CENTRIC BANKING THROUGH ICT. by Anonim Pdf

Author : Purva Khera,Miss Stephanie Y Ng,Ms. Sumiko Ogawa,Ms. Ratna Sahay
Publisher : International Monetary Fund
Page : 30 pages
File Size : 51,9 Mb
Release : 2021-06-11
Category : Business & Economics
ISBN : 9781513584669

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Is Digital Financial Inclusion Unlocking Growth? by Purva Khera,Miss Stephanie Y Ng,Ms. Sumiko Ogawa,Ms. Ratna Sahay Pdf

Digital financial services have been a key driver of financial inclusion in recent years. While there is evidence that financial inclusion through traditional services has a positive impact on economic growth, do the same results carry over for digital financial inclusion? What drives digital financial inclusion? Why does it advance more in some countries but not in others? Using new indices of financial inclusion developed in Khera et. al. (2021), this paper addresses these questions for 52 developing countries. Using cross-sectional instrument variable procedure, we find that the exogenous component of digital financial inclusion is positively associated with growth in GDP per capita during 2011-2018, which suggests that digital financial inclusion can accelerate economic growth. Fractional logit and random effects empirical estimation identifies access to infrastructure, financial and digital literacy, and quality of institutions as key drivers of digital financial inclusion. These findings are then used to help inform policy recommendations in areas related to the digitization of financial services to promote financial inclusion.

Author : Daniel Makina
Publisher : Academic Press
Page : 342 pages
File Size : 42,5 Mb
Release : 2019-06-09
Category : Business & Economics
ISBN : 9780128142035

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Extending Financial Inclusion in Africa by Daniel Makina Pdf

Extending Financial Inclusion in Africa unveils the genesis and transformation of Africa’s financial sector and its ability to provide finance for all. Contributors of the Book traverse the whole spectrum of African financial systems, examining their depth and breadth and empirically evaluating their appropriateness and effectiveness to achieve inclusive financial services. Explores the evolution of the financial sector in Africa from the pre-colonial to post-colonial era Investigates the financial inclusion–economic growth nexus Explores the role of financial regulation and governance in either enhancing or limiting financial inclusion Evaluates unintended consequences of financial inclusion, including over-indebtedness and increased propensity to spend Assesses cross-sectional evidence on the link between financial inclusion and technological developments such as the internet and mobile technology

Author : Sajda Qureshi
Publisher : Wiley
Page : 0 pages
File Size : 46,7 Mb
Release : 2007-05-04
Category : Computers
ISBN : 0470183160

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Information Technology for Development, Volume 13, Number 2 by Sajda Qureshi Pdf

A journal examining the impact of global IT from a publisher of quality research Information Technology for Development is a journal that specifically addresses global information technology issues and opportunities. It's dedicated to providing quality research, including social and technical research regarding information technology's effects on economic, social and human development. This journal's purpose includes serving as a forum for discussions about strategies, best practices, tools and techniques for assessing the impact of IT infrastructure, whether it's in government or the private sector. This is a single issue of the journal, Volume 13, Number 2, from 2007.

Author : Inter-American Development Bank
Publisher : Springer
Page : 438 pages
File Size : 46,5 Mb
Release : 2011-04-25
Category : Business & Economics
ISBN : 9780230118379

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Development Connections by Inter-American Development Bank Pdf

Development Connections takes stock of recent advances in what is broadly known as Information and Communication Technologies (ICTs). The authors seek to discover how information and telecommunication technologies affect both the public and private sectors in Latin America and how they can optimize ICT returns to society.

Author : Ewa Lechman,Adam Marszk
Publisher : Routledge
Page : 192 pages
File Size : 54,9 Mb
Release : 2021-11-29
Category : Business & Economics
ISBN : 9781000174977

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The Digital Disruption of Financial Services by Ewa Lechman,Adam Marszk Pdf

This book contributes to the present state of knowledge, offering the reader broad evidence on how new digital technologies impact financial systems. It focuses on both macro- and micro-perspectives of ICT influence on financial markets. The book demonstrates how ICT can impact trading systems or information systems, which are crucial for financial systems to work effectively. It also shows how individuals can benefit from the adoption of digital technologies for everyday financial (e.g., banking) systems usage. The book provides empirical evidence of how digital technologies revolutionize the banking sector and stock exchange trading system and explores the associations between technology and various aspects of firms’ functioning. Furthermore, it raises elements of financial inclusion, ICT-based microfinance service and finance-related gender issues. The principal audience of the book will be scholars and academic professionals from a wide variety of disciplines, particularly in the fields of finance and economics. It will be especially useful for those who are addressing the issues of new technologies and the financial markets, FinTech, financial innovations, stock markets, and the role of technological progress in a broadly defined socio-economic system. It will be a valuable source of knowledge for graduate and postgraduate students in economic and social development, information and technology, worldwide studies, social policy or comparative economics.

Author : Lensink, Robert,Hamilton, Calumn,Adjasi, Charles
Publisher : Edward Elgar Publishing
Page : 200 pages
File Size : 43,9 Mb
Release : 2022-07-08
Category : Business & Economics
ISBN : 9781839107214

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Advanced Introduction to Financial Inclusion by Lensink, Robert,Hamilton, Calumn,Adjasi, Charles Pdf

Taking a detailed tour through the emerging economic field of financial inclusion, this timely book charts the subtle conceptual shifts that gave rise to the focus on inclusivity in development finance, and provides an overview of key concepts, issues, and empirical findings. Diving into the crucial interaction of financial inclusion with gender, further chapters present new conceptual frameworks for thinking about these interactions, as well as discussing the impacts of gendered financial exclusion on both economic and empowerment outcomes.

Author : Howard Thomas,Yuwa Hedrick-Wong
Publisher : Emerald Group Publishing
Page : 152 pages
File Size : 44,8 Mb
Release : 2019-04-10
Category : Business & Economics
ISBN : 9781789737813

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Inclusive Growth by Howard Thomas,Yuwa Hedrick-Wong Pdf

The book outlines a journey from enabling models of government and business to strategies for creating both financial and social inclusion and entrepreneurism as mechanisms for sustainable and inclusive growth.

Author : Munacinga C. Simatele
Publisher : AOSIS
Page : 316 pages
File Size : 45,9 Mb
Release : 2022-02-15
Category : Business & Economics
ISBN : 9781776341818

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Financial inclusion by Munacinga C. Simatele Pdf

Financial inclusion has been noted as a key driver of poverty alleviation and growth. Yet, most of the scholarly work that exists lacks a comprehensive discussion of how the poor interact with financial services and the channels through which such services can affect their livelihoods. This book offers researchers who focus on financial inclusion and African economies a one-stop resource for understanding the channels of transmission for financial inclusion as well as an application of these channels through original country-specific empirical papers. The book provides a back-to-basics presentation of the transmission of financial services to growth and poverty. This theoretical discussion is complemented by an empirical presentation of the various services used by the poor, with a focus on Africa. Case studies of financial inclusion in six African countries cover a broad range of topics most important to African countries and highlight the unique African setting. These empirical papers provide important learning points. Firstly, hybrid financial institutions such as cooperative financial institutions and financial social entrepreneurs are the best way to increase financial inclusion in Africa. They provide important vehicles to circumvent the restrictive and exclusive bank-based financial markets typical of African economies. Secondly, digital finance is a potent tool for improving financial access and usage in Africa, and its impact on poverty operates through both traditional and nontraditional financial instruments. Thirdly, investment in infrastructure which supports complementary markets is critical and is likely to have a greater effect on credit rationing than direct provision of credit to small businesses.

Author : Ms.Ratna Sahay,Martin Cihak,Mr.Papa N'Diaye,Mr.Adolfo Barajas,Ms.Srobona Mitra,Ms.Annette Kyobe,MissYen Mooi,Mr.Reza Yousefi
Publisher : International Monetary Fund
Page : 33 pages
File Size : 49,6 Mb
Release : 2015-09-15
Category : Business & Economics
ISBN : 9781513592503

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Financial Inclusion by Ms.Ratna Sahay,Martin Cihak,Mr.Papa N'Diaye,Mr.Adolfo Barajas,Ms.Srobona Mitra,Ms.Annette Kyobe,MissYen Mooi,Mr.Reza Yousefi Pdf

Using several recently available global datasets, this Staff Discussion Note examines macroeconomic effects of financial inclusion. It finds significant benefits to economic growth from financial inclusion, but the benefits diminish as financial inclusion and depth become large. Broadening access to credit can compromise economic and bank stability in countries with weak bank supervision. Other forms of financial inclusion—such as access to and use of bank accounts, branches, and ATMs—do not hurt stability, and can be promoted extensively. The note finds that gaps in financial inclusion are associated with economic inequality, but the association appears relatively weak.

Author : Robert Cull,Asli Demirguc-Kunt,Jonathan Morduch
Publisher : MIT Press
Page : 519 pages
File Size : 53,5 Mb
Release : 2021-08-03
Category : Business & Economics
ISBN : 9780262544016

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Banking the World by Robert Cull,Asli Demirguc-Kunt,Jonathan Morduch Pdf

Experts report on the latest research on extending access to financial services to the 2.5 billion adults around the world who lack it. About 2.5 billion adults, just over half the world's adult population, lack bank accounts. If we are to realize the goal of extending banking and other financial services to this vast “unbanked” population, we need to consider not only such product innovations as microfinance and mobile banking but also issues of data accuracy, impact assessment, risk mitigation, technology adaptation, financial literacy, and local context. In Banking the World, experts take up these topics, reporting on new research that will guide both policy makers and scholars in a broader push to extend financial markets. The contributors consider such topics as the complexity of surveying people about their use of financial services; evidence of the impact of financial services on income; the occasional negative effects of financial services on poor households, including disincentives to work and overindebtedness; and tools for improving access such as nontraditional credit scores, financial incentives for banking, and identification technologies that can dramatically reduce loan default rates.

Author : Edith Ofwona Adera,T. M. Waema,Julian D. May,Ophelia Mascarenhas,Kathleen Diga
Publisher : IDRC
Page : 273 pages
File Size : 41,6 Mb
Release : 2014
Category : Computers
ISBN : 9781552505397

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ICT Pathways to Poverty Reduction by Edith Ofwona Adera,T. M. Waema,Julian D. May,Ophelia Mascarenhas,Kathleen Diga Pdf

'ICT Pathways to Poverty Reduction' presents a conceptual framework to analyse how poverty dynamics change over time and to shed light on whether ICT access benefits the poor as well as the not-so-poor. Essential reading for policymakers, researchers, and academics in international development or ICT for development.

Author : Asli Demirguc-Kunt,Leora Klapper,Dorothe Singer,Saniya Ansar
Publisher : World Bank Publications
Page : 148 pages
File Size : 50,7 Mb
Release : 2018-04-19
Category : Business & Economics
ISBN : 9781464812682

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The Global Findex Database 2017 by Asli Demirguc-Kunt,Leora Klapper,Dorothe Singer,Saniya Ansar Pdf

In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Inc., the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account—the unbanked—as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals. The database, the full text of the report, and the underlying country-level data for all figures—along with the questionnaire, the survey methodology, and other relevant materials—are available at www.worldbank.org/globalfindex.