scholarly journals Financial Inclusion between Financial Innovation and Economic Growth A Study of Lower Middle Income Economies

2021 ◽  
Vol 7 (4) ◽  
Author(s):  
Hina Affandi ◽  
Qaisar Ali Malik
Keyword(s):  
Economic Growth ◽  
Financial Innovation ◽  
Income Group ◽  
Financial Inclusion ◽  
Sample Period ◽  
Middle Income ◽  
Underserved Community ◽  
Middle Income Group ◽  
The Relationship

Financial inclusion is a key concern that has achieved much impulsion in the last two decades internationally. It has the scope of reporting of financial scheme and institutions to the underserved community in the economy. This study examined the effect of financial innovation on economic growth with the mediation of financial inclusion. To address the relationship researchers in this study have used measures from a dataset of low and lower middle income group economies over a sample period from 2010-2017. The results of this study shows that financial innovation creates opportunities for financially excluded segment of the society which results in financial inclusion that leads to economic growth of low and lower middle economies. Therefore, financial innovation is a way for creation of financial inclusion in low and lower middle economies. 

scholarly journals Role of Public Sector Bank in Financial Inclusion of Low or Middle Income Group in Chennai

2019 ◽  
Vol 8 (4S3) ◽  
pp. 40-44
Keyword(s):  
Public Sector ◽  
Low Income ◽  
Income Group ◽  
Financial Inclusion ◽  
Behavioral Ethics ◽  
Economic Equality ◽  
Middle Income ◽  
Middle Income Group ◽  
The Government

The role of public sector bank, in raising the economic equality on low income or middle income group, the term financial inclusion emphasis on redistribution of income within the same household, the deprive section of society avail the benefit with some standard provided by the government and how the approach have been taken by public sector bank to distribute the same and their behavioral ethics trail over the schemes. The study focused the dominant properties which fabricate imperative on financial inclusion among various categories of customers in public sector banks and also investigated the recognition of public in stand point of financial assistance and financial features offered by public sector bank through correlation statistical analysis with the sample of 200 with Chennai arena..

scholarly journals Is Greenfield Investment Greener for the Welfare of Lower-Middle Income Countries? Market based Empirical Analysis with GMM Approach

2021 ◽  
Vol 3 (3) ◽  
pp. 194-206
Author(s):  
Ali Raza ◽  
Muhammad Iqbal ◽  
Nasir Hussian
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Income Group ◽  
Economic Activities ◽  
Host Countries ◽  
Middle Income ◽  
Middle Income Countries ◽  
Middle Income Group ◽  
One Step ◽  
Complete Data Analysis

Globalization is considered as the catalyst for the progress of economic activities and economic development of lower-middle-income countries. Greenfield investment not only promotes welfare but also helps in the health and education sector of these countries. This study examined thirty-four (34) sampled countries of the lower-middle-income group from different regions for a time span of 1998-2017. Im, Pesaran and Shin (2003) test is applied for testing panel unit root and one step system GMM technique is applied for the complete data analysis. The results of the study concluded that greenfield investment has increased economic growth and helped to push the welfare activities of sampled countries. Besides the increase in economic growth and welfare, greenfield investment also brings improvement in the health and education sectors through the transfer of new and advanced technologies from the developed nation firms to the host countries. Therefore, lower-middle-income countries must approve soft and friendly economic and business policies for the attraction of foreign investors from abroad. Such policies will help in promoting and increasing economic activities and economic development of the sampled countries.

scholarly journals The potential role of aid in escaping the middle-income trap

2020 ◽  
Vol 42 (4) ◽  
pp. 420-441
Author(s):  
Timothy Yaw Acheampong ◽  
Beáta Udvari
Keyword(s):  
Economic Growth ◽  
Latin American ◽  
Income Group ◽  
Annual Growth Rate ◽  
Middle Income ◽  
Middle Income Countries ◽  
Income Status ◽  
Middle Income Group ◽  
Middle Income Trap ◽  
The Impact

AbstractRecently, the middle-income trap (MIT) has gained considerable attention – besides European countries, several African, Asian, and Latin-American developing countries are also affected. Many countries have remained in the middle-income bracket for decades, whilst only a few have advanced to high-income status. Felipe et al. in 2012 showed that an annual growth rate of at least 3.5 and 4.7% sustained for a period of 14 and 28 years is required respectively for upper-middle-income and lower-middle-income countries to escape the MIT. Economic growth is influenced by several factors including foreign aid received. Thus, in this study, we aim to answer the question of how aid affects economic growth in middle-income countries and whether aid may contribute to escaping the MIT. Focusing on the countries that have remained in the middle-income group between 1990 and 2017, our analysis confirms that aid contributes to economic growth; however, the impact is positive in the upper-middle-income countries and negative in the lower-middle-income countries. Aid is therefore, likely to be more effective in helping the upper-middle income countries to escape the MIT but not the lower-middle income countries.

scholarly journals FDI & economic growth in selected Country groups for (1989-2018)

2020 ◽  
Vol 9 (3) ◽  
pp. 196
Author(s):  
Khalil Gh. Hassan
Keyword(s):  
Economic Growth ◽  
Low Income ◽  
Null Hypothesis ◽  
Time Series Data ◽  
Income Group ◽  
Low Income Countries ◽  
Series Data ◽  
Host Countries ◽  
Middle Income ◽  
Middle Income Group

Theoretically, it is heavily believed that FDI is as a source of development, modernization, income, and employment growth and that FDI boosts the productivity of host countries and promotes economic growth. This paper examines, within a growth theory framework, the role which foreign direct investment (FDI) plays in the growth process in the context of different income group countries characterized by their per capita income. The paper tests (using time series data relating High, Middle- and Low-income countries) the hypothesis adopted is that FDI, enhance economic growth. The estimated indicators show evidence of rejecting Null hypothesis in the case of High- and Middle-income group countries but, vice versa the Null hypothesis is accepted for Low-income group countries.

Middle Income Group and Debt Fund

2011 ◽  
Vol 2 (3) ◽  
pp. 43-43
Author(s):  
Dr. Shakti Kumar ◽  
Keyword(s):  
Income Group ◽  
Middle Income ◽  
Middle Income Group

scholarly journals Attributes of childhood Cancer among the patients attending specialized hospitals in Bangladesh

2015 ◽  
Vol 14 (2) ◽  
pp. 173-178
Author(s):  
Syeda Musleha Ahmed ◽  
Md Ziaul Islam
Keyword(s):  
Acute Lymphoblastic Leukaemia ◽  
Childhood Cancer ◽  
Urban Communities ◽  
Lymphoblastic Leukaemia ◽  
Child Death ◽  
Income Group ◽  
Middle Income ◽  
Female Ratio ◽  
Middle Income Group ◽  
Structured Questionnaire

Background: Childhood cancer is an emerging health problem worldwide. It is the second common cause of child death. Epidemiological and clinical attributes of childhood cancer are not properly documented in Bangladesh. This study was designed to reveal the attributes of childhood cancer among the patients attended specialized hospitals in Dhaka city.Objective: To determine the epidemiological and clinical attributes of childhood cancer.Materials and Methods: The cross-sectional study was conducted among 99 under 18 years old children suffering from cancer, who were included considering specific selection criteria. Data were collected by face to face interview using a semi-structured questionnaire with the help of a semi-structured questionnaire and checklist. Data were analyzed by using SPSS software.Results: Of all the children, majority (40.4%) was in age group of 6-10 years and their mean (±SD) age was 7.48 (±3.70) years. Male to female ratio was 1.9:1.6 and majority (48.5%) was in middle income group. Major part (42.4%) of the children was from sub-urban followed by 30.3% rural and 27.2% from urban communities. Major types of childhood cancer comprised acute lymphoblastic leukaemia (37.4%), retinoblastoma (14.1%), neuroblastoma (10.1%), and Wilm’stumour (10.1%). Less common cancers included non-Hodgekin’s lymphoma (7.1%), Hodgekin’s lymphoma (5.1%), osteosercoma (5.1%), nasopharyngeal carcinoma (4.0%), germ cell tumour (3.0%), acute myeloid leukaemia (3.0%) and Ewing’s tumour (1.0%). Majority (35.1%) of acute lymphoblastic leukaemia patients were from urban while most (85.7%) of retinoblastoma patients from sub-urban, 50.0% of neuroblastoma cases from rural, and 40.0% of Wilm’s tumour from sub-urban communities, this geographical variation of childhood cancer was statistically significant [?2(33)=56.46, p=0.01]. In poor and middle income group, most of the children (91.8%) were detected in stage II while among the higher income group, most (88.9%) of the cancer were detected in stage-I and this variation was statistically significant [?2(9)=16.77, p=0.05]. Family history was strongly related with childhood cancer [?2(20)=32.81, p=0.04].Conclusion: Cancer was more prevalent among male children with poor socio-economic condition residing in sub-urban communities. The study recommends specific measures to detect childhood cancer and related risk factors at early stage to prevention and control.Bangladesh Journal of Medical Science Vol.14(2) 2015 p.173-178

An Empirical Investigation of the income share of the middle class

2019 ◽  
pp. 50-65
Author(s):  
Francesco Farina ◽  
Chiara Assunta Ricci
Keyword(s):  
Middle Class ◽  
Income Distribution ◽  
Income Group ◽  
Reverse Causality ◽  
Middle Income ◽  
Income Share ◽  
Redistributive Policies ◽  
Directional Relation ◽  
Middle Income Group ◽  
Income Dispersion

The scientific evaluation of the relationship between growth, redistribution, and the income share of the middle class is still in its infancy. This article aims to investigate how the drivers of economic growth impinge on market income distribution and how the middle class has a role in deciding the level of redistribution. Our strategy is to dodge the reverse causality problem, stemming from the bi-directional relation between income distribution and growth, by exploiting the peculiar feature of different indicators of income dispersion focused on the middle income group. The findings reveal that market forces and redistributive policies are both pivotal in shaping the evolution of income dispersion and in particular the income share of the middle class, over the growth process. The ability of redistributive policies to counteract the ongoing increase in income inequality seems to depend not only on the political pressure exerted by an impoverishing median voter but also on the expansion of fiscal revenues after sustained Gross Domestic Product (GDP) growth.

Inpatients’ experience and the associated factors: A cross-sectional study at Lung hospital, Son La, in 2020

2021 ◽  
Vol 05 (04) ◽  
pp. 110-116
Author(s):  
Huu Thang Nguyen ◽  
◽  
Thi Nguyet Minh Doan ◽  
Thanh Huong Tran ◽  
Hai Thanh Pham
Keyword(s):  
Low Income ◽  
Associated Factors ◽  
Income Group ◽  
Cross Sectional Study ◽  
Sectional Study ◽  
Related Factors ◽  
Cross Sectional ◽  
Middle Income ◽  
Medical Facilities ◽  
Middle Income Group

Objectives: Medical facilities with an autonomous tendency always try to serve positive and pleasant experiences to improve the brand name, increase patient satisfaction and loyalty. A descriptive cross-sectional study was conducted on 245 inpatients at Lung Hospital in Son La province in 2020. To describe the current situation of the inpatient's experience at Lung Hospital in Son La province by 2020 and its related factors. Methods: This was a cross-sectional study conducted on 245 inpatients at Son La Lung Hospital Results: The study showed that the total score of inpatients’ experience ranged from 22 points to 57 points and the mean of it was 39.7 (6.13) points. Subject's experience scores were divided into 2 groups, the satisfied group accounted for 32.7% and the percentage of the unsatisfied group was 67.3%. As compared to men, a higher total score of women was (OR: 1.134; 95% CI: 0.284-0.997). The urban area group’s score was 1,190 times higher than that of those who live in rural and mountainous areas (95% CI: 1,010 - 1,400). The middle-income group had more positive experience than the low-income group (OR: 1.180; 95% CI: 1.010 - 1.370). Conclusions: Our research showed that gender, living area and economic condition affected the total score of inpatients’ experience at the Lung hospital. Keywords: Patient experiences, inpatient treatment, hospital, associated factors

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