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399835

Financial inclusion in Egypt: A Model Framework to Consider

Article

Last updated: 30 Dec 2024

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Abstract

The purpose of this article is to offer a model framework that could be used by researchers and policymakers in implementing financial inclusion in emerging countries to reach inclusive growth by using Egypt as a core example with financial inclusion acting as an integral part of its 2030 vision to achieve the Sustainable Development Goals and a top priority on the government's agenda. Research methods include a macro analysis, both qualitative at the country level, and quantitative at the individual behavioural level implementing a series of sequential steps to analyse the challenges faced by emerging countries when implementing financial inclusion. Steps include (1) an assessment of the degree of inclusive finance to fulfil the impediment of inclusive finance through an analysis of previous literature (2) comparative analysis of various empirical tests of individual behaviour and challenges that affect the degree of inclusive finance. (3) An analysis of the progress towards collaborative efforts at various levels to achieve financial inclusion and Results convey a need for collaborative efforts towards financial inclusion to implement inclusive finance, pinpointing the gaps and challenges. The article recommends policy measures that would raise individual financial awareness robusting financial literacy, and pushing forward with the establishment of a stable and resilient financial system.

DOI

10.21608/csj.2024.71708.1054

Keywords

financial inclusion, Collaborative efforts, inclusive finance

Authors

First Name

Abeer

Last Name

Rashdan

MiddleName

-

Affiliation

Future University

Email

abeer.rashdan@fue.edu.eg

City

Cairo

Orcid

-

Volume

7

Article Issue

12

Related Issue

30093

Issue Date

2021-07-01

Receive Date

2021-04-09

Publish Date

2021-07-01

Page Start

2,211

Page End

2,230

Print ISSN

2356-9255

Online ISSN

2356-9263

Link

https://csj.journals.ekb.eg/article_399835.html

Detail API

https://csj.journals.ekb.eg/service?article_code=399835

Order

399,835

Type

المقالة الأصلية

Type Code

1,297

Publication Type

Journal

Publication Title

مجلة الدراسات التجارية المعاصرة

Publication Link

https://csj.journals.ekb.eg/

MainTitle

Financial inclusion in Egypt: A Model Framework to Consider

Details

Type

Article

Created At

30 Dec 2024