39515

Financial Inclusion and Economic Growth MENA Region

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Last updated: 04 Jan 2025

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Abstract

Financial inclusion aims to include all excluded population into the financial system, to reduce poverty and raise economic growth rate. The paper examines financial inclusion in 23 countries in Middle East and North Africa region over the period from 2004 to 2016 using multi-dimensional index, which are availability, usage, and access to banking services.  Panel model estimated to test impact of financial inclusion on economic growth and poverty reduction using financial inclusion data set. Positive significant variables found to be number of automated teller machines, number of depositors, borrowers and bank accounts as well as credit as percentage of GDP. The paper underscores governments' needs to provide complementary policies towards higher financial inclusion to raise economic growth and reduce poverty.    

DOI

10.21608/jsec.2018.39515

Keywords

financial inclusion, Index, Economic growth, poverty reduction, MENA Countries, panel model, GDP, credit, Dimensions, bank usage

Authors

First Name

RASHA

Last Name

FOUAD ABD EL RAHMAN MOHAMED YONES

MiddleName

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Affiliation

Arab Academy for Science, Technology, and Maritime Transport Heliopolis, Cairo, Egypt,

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Volume

48

Article Issue

4

Related Issue

6321

Issue Date

2018-12-01

Receive Date

2018-11-30

Publish Date

2018-12-01

Page Start

799

Page End

819

Print ISSN

2636-2562

Link

https://jsec.journals.ekb.eg/article_39515.html

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https://jsec.journals.ekb.eg/service?article_code=39515

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13

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المقالة الأصلية

Type Code

914

Publication Type

Journal

Publication Title

المجلة العلمية للإقتصاد و التجارة

Publication Link

https://jsec.journals.ekb.eg/

MainTitle

Financial Inclusion and Economic Growth MENA Region

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Article

Created At

22 Jan 2023