scholarly journals Financial Inclusion Measurement in the Least Developed Countries in Asia and Africa

2021 ◽  
Author(s):  
Alicia Girón ◽  
Amirreza Kazemikhasragh ◽  
Antonella Francesca Cicchiello ◽  
Eva Panetti
Keyword(s):  
Young People ◽  
World Bank ◽  
Developed Countries ◽  
Financial Inclusion ◽  
Least Developed Countries ◽  
Formal Finance ◽  
Econometric Technique ◽  
Innovative Approaches

AbstractThe purpose of this paper is to examine the determinants of financial inclusion in the least developed countries in Asia and Africa. We used World Bank data to estimate the probit econometric technique in the studied countries. The results show that young people and women are groups excluded from financial inclusion and that education and income are two of the key pillars for increasing financial inclusion. Furthermore, the results reveal that a higher level of financial inclusion increases the level of official savings in countries, which in turn promotes their development. The findings of this study are beneficial for policymakers in the least developed countries to promote innovative approaches to enhance the involvement of excluded people in formal finance.

scholarly journals Development Aid - A Perspective on the Sustainability of World Bank Projects

2016 ◽  
Vol 9 (4) ◽  
pp. 241
Author(s):  
Dominik Schafer
Keyword(s):  
World Bank ◽  
Developed Countries ◽  
Development Aid ◽  
Project Delivery ◽  
Least Developed Countries ◽  
Asian Continent ◽  
The World Bank ◽  
The World

This paper focuses on the evaluation of the World Bank (WB) performance in delivering development aid to the Least Developed Countries (LDCs). For this purpose, an extensive research was performed to analyze a set of 790 Implementation Completion and Results reports for sustainability outcomes. Results of this research provide various insights on sustainability ratings of project delivery of the LDCs and the African and Asian continent, whereas overall satisfying sustainability ratings are disclosed.

scholarly journals Development Aid: A Perspective on the World Bank Performance Calculating the Social Return on Investment for the Least Developed

2017 ◽  
Vol 3 (3) ◽  
pp. 24
Author(s):  
Dominik Schäfer
Keyword(s):  
World Bank ◽  
Return On Investment ◽  
Net Present Value ◽  
Developed Countries ◽  
Development Aid ◽  
Least Developed Countries ◽  
The World Bank ◽  
Social Return On Investment ◽  
Project Costs ◽  
The World

This paper focuses on the evaluation of the World Bank (WB) performance in delivering development aid to the Least Developed Countries (LDCs). The portfolio Net Present Value (NPV) at the result stage of the LDCs (168 projects) was positive with NPV values ranging from 42,059 to 50,779 Mio USD (33,506 Mio USD total project costs) and from 6,188 to 7,799 Mio USD excluding the 7 outlier projects with abnormally “high-value” NPVs. The minimum Social Return on Investment (SROI) of the LDCs including all project costs was calculated. This SROI ratio outcomes of 1 and 1.06 in the weighted and 1.3 and 1.72 in the unweighted case indicate that projects delivered by the WB have a positive effect on the poor countries.

scholarly journals Wpływ międzynarodowych instytucji finansowych na sytuację gospodarczą krajów najsłabiej rozwiniętych

2019 ◽  
Vol 19(34) (3) ◽  
pp. 57-66
Author(s):  
Jakub Kraciuk
Keyword(s):  
World Bank ◽  
Developed Countries ◽  
Sub Saharan Africa ◽  
International Financial Institutions ◽  
Least Developed Countries ◽  
The World Bank ◽  
Per Capita ◽  
Sub Saharan ◽  
The Impact ◽  
The International Monetary Fund

The aim of the study was to show the impact of the activities of the International Monetary Fund and the World Bank on the economic situation of the least developed countries in sub-Saharan Africa. It was found that the operation of these organizations in accordance with the principles of the Washington consensus did not bring the expected results, and the credit aid of IMF and World Bank increased debt, but did not contribute to a significant GDP growth per capita in the analyzed countries. Therefore, it is necessary to change the rules of operation of international financial institutions towards least developed countries. The proposed adjustment programs are to generate economic growth, which will be subordinated to the needs of societies, and the choice of economic and social policy options should be adapted to the conditions of a given country.

scholarly journals Foreign Aid and Development in the Democratic Republic of the Congo: An Analysis of International Barriers to Development

Perceptions ◽  
2018 ◽  
Vol 4 (2) ◽  
pp. 19 ◽  
Author(s):  
Anna N Smith
Keyword(s):  
Economic Growth ◽  
Foreign Aid ◽  
World Bank ◽  
Democratic Republic ◽  
Primary Source ◽  
Political Stability ◽  
Developed Countries ◽  
Least Developed Countries ◽  
Comprehensive Overview ◽  
The World

The Democratic Republic of Congo (DRC) remains one of the poorest and least developed countries in the world. Despite its abundance of natural resources, it has failed to develop and maintain political stability since its decolonization in 1960. With its unstable and corrupt government, the DRC’s primary source of fiscal investment comes from foreign aid, from both International Organizations (IOs), like the International Monetary Fund and World Bank, as well as International Non-Governmental Organization (INGOs). In this paper I examine how the role of international aid from The World Bank, IMF, and INGOs has contributed to the pervasive stagnation of the DRC’s economic growth, and how aid can be implemented equitably and efficiently. In order to create a comprehensive overview of economic development in the DRC, I analyze the repercussions of colonial legacies, government corruption, the benefits of foreign aid, and possible neo-colonial implications of foreign aid on the country’s growth. After analyzing the sum of these effects on economic growth, we can conclude that ultimately foreign aid is necessary for development in the DRC; however, adjustments must be made to current aid programs in order to create equitable growth.

scholarly journals Conformity of Higher Education with Requirements of Digital Natives

2019 ◽  
pp. 6-13
Author(s):  
V. Bazylevych ◽  
V. Osetskyi ◽  
I. Tatomur
Keyword(s):  
Young People ◽  
Educational Aspirations ◽  
Developed Countries ◽  
Digital Natives ◽  
Digital Immigrants ◽  
Least Developed Countries ◽  
Average Income ◽  
Ict Development ◽  
New Generation ◽  
Very High

The paper explores stages that teaching followed in its revolutionizing transitions from Education 1.0 to Education 4.0. The study presents a detailed analysis of the scientific approaches, which economists used in examining the influence of digital technologies on the behaviour of young people and on identifying a generation of children as “digital natives” who grew up in the era of informational changes. An assessment of traits inherent in the new generation of young people has been used as a basis for carrying out a comparative analysis of the features of “digital natives” with the distinctiveness of “digital immigrants.” The study identified factors that contributed to a growing number of “digital immigrants” in developing and least developed countries. The notions of “digital cowboys” and “digital nomads” are considered in terms of their recent appearance in the academic market. Countries with the highest share of “digital natives” comprise the high-income and above-average income countries, the countries with very high levels of general Internet penetration, the countries with top ICT Development Index (IDI), and the countries with a relatively high proportion of young people. Solutions are proposed to support “digital natives” in their educational aspirations and narrow the gap between them and “digital immigrants”.

scholarly journals Financial inclusion and development in the least developed countries in Asia and Africa

2021 ◽  
Vol 10 (1) ◽  
Author(s):  
Antonella Francesca Cicchiello ◽  
Amirreza Kazemikhasragh ◽  
Stefano Monferrá ◽  
Alicia Girón
Keyword(s):  
Rural Areas ◽  
Negative Impact ◽  
Panel Data Analysis ◽  
Empirical Finding ◽  
Developed Countries ◽  
Financial Inclusion ◽  
Vulnerable Groups ◽  
Annual Data ◽  
Least Developed Countries ◽  
Analysis Technique

AbstractThe purpose of this paper is to investigate the relationship between the financial inclusion index and development variables in the least developed countries in Asia and Africa by using annual data of 42 countries for the period 2000–2019. The pooled panel regression and panel data analysis technique are used to explore this relationship. The empirical finding indicates that economic growth leads to financial inclusion. Unemployment and literacy rates are among the factors contributing to financial inclusion, and it is observed that women are more vulnerable than men are to lack financial inclusion. In less developed countries, the economy relies heavily on agriculture, and people are less financially inclusive when they live in rural areas of these countries. Also, pay inequality reduces financial inclusion rates and has a negative impact on development. The low financial inclusion rate reduces the levels of development in these countries. The results of this study can lead to the development and empowerment of vulnerable groups in the studied countries. In order to improve the conditions for development, policymakers should consider policies that enhance literacy, eliminate gender inequality and increase pay equality.

Quantification of Vitamin A in Fortified Rapeseed, Groundnut and Soya Oils Using a Simple Portable Device: Comparison to High Performance Liquid Chromatography

2013 ◽  
Vol 83 (2) ◽  
pp. 122-128 ◽  
Author(s):  
Cécile Renaud ◽  
Jacques Berger ◽  
Arnaud Laillou ◽  
Sylvie Avallone
Keyword(s):  
High Performance Liquid Chromatography ◽  
Liquid Chromatography ◽  
Vitamin A ◽  
High Performance ◽  
Vitamin A Deficiency ◽  
Developed Countries ◽  
Portable Device ◽  
Least Developed Countries ◽  
Control Food ◽  
Assay Precision

Vitamin A deficiency is still one of the major public health problems in least developed countries. Fortification of vegetable oils is a strategy implemented worldwide to prevent this deficiency. For a fortification program to be effective, regular monitoring is necessary to control food quality in the producing units. The reference methods for vitamin A quantification are expensive and time-consuming. A rapid method should be useful for regular assessment of vitamin A in the oil industry. A portable device was compared to high-performance liquid chromatography (HPLC) for three plant oils (rapeseed, groundnut, and soya). The device presented a good linearity from 3 to 30 mg retinol equivalents per kg (mg RE.kg- 1). Its limits of detection and quantification were 3 mg RE.kg- 1 for groundnut and rapeseed oils and 4 mg RE.kg- 1 for soya oil. The intra-assay precision ranged from 1.48 % to 3.98 %, considered satisfactory. Accuracy estimated by the root mean squares error ranged from 3.99 to 5.49 and revealed a lower precision than HPLC (0.4 to 2.25). Although it offers less precision than HPLC, the device estimates quickly the vitamin A content of the tested oils from 3 or 4 to 15 mg RE.kg- 1.

EMPOWERING WOMEN THROUGH ENTREPRENEURSHIP: ASPECTS AND APPROACHES

2014 ◽  
Vol 6 (01) ◽  
Author(s):  
JAVED ALAM SHEIKH
Keyword(s):  
Economic Development ◽  
Developed Countries ◽  
Substantial Contribution ◽  
Economic Empowerment ◽  
World Population ◽  
Least Developed Countries ◽  
The Road ◽  
Road Map ◽  
The World ◽  
The Status

Almost 50 per cent of the world population is constituted by the women and they have been making substantial contribution to socio-economic development. But, unfortunately their tremendous contribution remains unrecognized and unnoticed in most of the developing and least developed countries causing the problem of poverty among them. Empowering women has become the key element in the development of an economy. With women moving forward, the family moves, the village moves and the nation moves. Hence, improving the status of women by way of their economic empowerment is highly called for. Entrepreneurship is a key tool for the economic empowerment of women around the world for alleviating poverty. Entrepreneurship is now widely recognized as a tool of economic development in India also. In this paper I have tried to discuss the reasons and role of Women Entrepreneurship with the help of Push and Pull factors. In the last I have also discussed the problems and the road map of Women Entrepreneurs development in India.

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