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367642

The Mutual Relationship between Financial Inclusion and Human Development and their Effects on Poverty in Egypt

Article

Last updated: 01 Jan 2025

Subjects

-

Tags

Agricultural economics

Abstract

The research generally aimed to analyze the reality of financial inclusion in Egypt, by studying the various dimensions of financial inclusion in general, and the positive effects it has on human development indicators and the relative decline in poverty rates in Egypt, and using a composite index to estimate the causal relationship between financial inclusion and the index. Human development and poverty rate during the period (2011-2023) using the counteraction method. The research found that there is a statistically significant bidirectional causal relationship with an inverse relationship between the financial inclusion index and the poverty rate. The causal relationship between the financial inclusion index and the human development index is a positive, statistically significant, one-way relationship that goes from financial inclusion to human development only.
The econometric method was also used through a model to measure the mutual relationship between financial inclusion and human development, which showed that human development is an integral factor in supporting financial inclusion, and another standard model was created to measure the impact of financial inclusion and human development on poverty in Egypt, a based on five economic variables: automated teller machines, the number of borrowers from commercial banks, the number of commercial bank branches, the number of depositors in commercial banks and education. The results of the research concluded that there is an inverse relationship between the variable Automated teller machines (ATMS) and the variable number of commercial bank branches per 100,000 population (CBB) on the one hand, and poverty on the other hand. The results also indicated that there is a direct relationship between the variables of the number of commercial bank borrowers per 1,000 adults (BCB), and the number of Depositors in commercial banks per 1,000 population (DCB), education (Educ) on the one hand, and the poverty variable on the other hand.

DOI

10.21608/asejaiqjsae.2024.367642

Keywords

financial inclusion, human development, poverty, cointegration

Authors

First Name

Amal

Last Name

SH.A. El-Shahed

MiddleName

-

Affiliation

Agricultural Economics Research Institute - Agricultural Research Center - Egypt.

Email

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City

-

Orcid

-

First Name

Wael

Last Name

A. Ahmed

MiddleName

-

Affiliation

Agricultural Economics Research Institute - Agricultural Research Center - Egypt.

Email

-

City

-

Orcid

-

Volume

45

Article Issue

2

Related Issue

47194

Issue Date

2024-06-01

Receive Date

2024-06-05

Publish Date

2024-06-30

Page Start

577

Page End

599

Print ISSN

1110-0176

Online ISSN

2536-9784

Link

https://asejaiqjsae.journals.ekb.eg/article_367642.html

Detail API

https://asejaiqjsae.journals.ekb.eg/service?article_code=367642

Order

367,642

Type

Original Article

Type Code

53

Publication Type

Journal

Publication Title

Alexandria Science Exchange Journal

Publication Link

https://asejaiqjsae.journals.ekb.eg/

MainTitle

The Mutual Relationship between Financial Inclusion and Human Development and their Effects on Poverty in Egypt

Details

Type

Article

Created At

23 Dec 2024