Financial inclusion and human development: Evidence from Sub-Saharan Africa

2020 ◽  
pp. 1-18 ◽  
Author(s):  
Weliswa Matekenya ◽  
Clement Moyo ◽  
Leward Jeke
Keyword(s):  
Human Development ◽  
Financial Inclusion ◽  
Sub Saharan Africa ◽  
Sub Saharan

Human Development Paradigm for South Asia

2018 ◽  
Keyword(s):  
South Asia ◽  
Human Development ◽  
Sub Saharan Africa ◽  
Health And Nutrition ◽  
The People ◽  
Sub Saharan ◽  
Development Paradigm

In the chapter, Haq gives a snapshot of the human progress of South Asia, comparing it with other regions. He was worried about the region beginning to lag behind all other regions, including Sub-Saharan Africa. He highlights the role of the two largest economies in the region, India and Pakistan, in financing the major investment in education, health and nutrition for the people. Haq advocates some fiscal and monetary reforms are suggested to invest in human development.

Shadow economy in Africa: how relevant is financial inclusion?

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Folorunsho M. Ajide
Keyword(s):  
Shadow Economy ◽  
Financial Inclusion ◽  
Sub Saharan Africa ◽  
African Countries ◽  
Content Type ◽  
Development Indicators ◽  
Panel Data Estimation ◽  
Sub Saharan ◽  
Data Estimation ◽  
Toda And Yamamoto

Purpose This study aims to investigate the possible relationship between financial inclusion and shadow economy in selected African countries. Design/methodology/approach The study uses panel data estimation technique and Toda and Yamamoto causality approach. The data of selected African counties over a period of 2005–2015 are sourced from World Bank Development Indicators, International Monetary Fund International Financial statistics database and International Country Risk Guide. Findings The results show that financial inclusion reduces the size of shadow economy. The causality results show that there is a unidirectional causality moving from financial inclusion to shadow economy. The results demonstrate that a country with lower level of corruption and higher level of growth can benefit more in reducing the size of shadow economy through financial inclusion. Originality/value This study provides the first evidence of the link between financial inclusion and shadow economy from the Sub-Saharan Africa perspective. The study suggests that financial inclusion may be useful in affecting the size of shadow economy in Africa.

scholarly journals Factors That Matter for Financial Inclusion: Evidence from Sub-Sharan Africa - The Zimbabwe Case

2021 ◽  
Vol 10 (6) ◽  
pp. 48
Author(s):  
David Mhlanga
Keyword(s):  
Smallholder Farmers ◽  
Multinomial Logistic Regression ◽  
Multinomial Logit Model ◽  
Financial Inclusion ◽  
Sub Saharan Africa ◽  
Farm Income ◽  
Smallholder Farming ◽  
Hand Off ◽  
Sub Saharan ◽  
The Government

The study intended to investigate the factors that are important in influencing the financial inclusion of smallholder farming households in Sub-Saharan Africa with a specific focus on Zimbabwe. Motivated by the fact that there is an increase in the evidence of the importance of financial inclusion in fighting poverty and the fact that by merely having a bank account, financial inclusion cannot be guaranteed, the study went further to interrogate factors that influence smallholder farmers to have a transaction account, to borrow and to have insurance. Since the dependent variable of financial inclusion had more than two categories, with three unordered categories, transaction account, savings/credit account, and insurance, the multinomial logistic regression was used to estimate the determinants of financial inclusion from these three categories of the dependent variable. The multinomial logit model results, with insurance as the reference category, indicated that the size of the household, transaction costs, gender and agricultural extension service were the factors influencing the demand for a household to open a transaction account. On the other hand, off-farm income and age of the household were the only two factors significantly influencing households to borrow. Therefore, it is imperative for, the government of Zimbabwe to come up with more policies that encourage farmers to participate in the formal financial market as financial inclusion can help to fight poverty and the general developments of societies.   Received: 28 April 2021 / Accepted: 31 August 2021 / Published: 5 November 2021

scholarly journals Malavika Karlekar (ed.). Paradigms of Learning: The Total Literacy Campaign in India. New Delhi: Sage Publications. 2004. 356 pages. Paperback. Indian Rupees 375.00.

2003 ◽  
Vol 42 (2) ◽  
pp. 167-169
Author(s):  
Samina Nazli
Keyword(s):  
World War Ii ◽  
Human Development ◽  
Adult Literacy ◽  
Developed Countries ◽  
Sub Saharan Africa ◽  
New Delhi ◽  
Least Developed Countries ◽  
Literacy Campaign ◽  
The Pacific ◽  
Sub Saharan

Raising the standards of literacy in the developing world has been a major goal of the less developed countries since most of them became independent in the process of decolonisation that followed World War II. The Human Development Report 2004, brought out by the United Nations Development Programme lists some major improvements in increasing literacy levels of a number of countries between the year 1990 and 2002. For example, low human development countries like Togo increased their adult literacy rates from 44.2 percent in 1990 to 59.6 percent in 2002. Congo saw an increase in its literacy rate for the same period from 67.1 percent to 82.8 percent. The rates for Uganda, Kenya, Yemen, and Nigeria are 56.1 percent and 68.9 percent, 70.8 percent and 84.3 percent, 32.7 percent and 49.0 percent, and 48.7 percent and 68.8 percent respectively. If one examines the breakdown by region, the least developed countries as a group saw an increase in their adult literacy rates from 43.0 percent to 52.5 percent, the Arab states from 50.8 percent to 63.3 percent, South Asia from 47.0 percent to 57.6 percent, Sub-Saharan Africa from 50.8 percent to 63.2 percent and East Asia and the Pacific from 79.8 percent to 90.3 percent. If we look at the increase in the levels of literacy from the perspective of medium human development and low human development, the figures are 71.8 percent and 80.4 percent, and 42.5 percent and 54.3 percent, respectively.

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