The African Financial Development and Financial Inclusion Gaps

• Tác giả: Franklin Allen
• Ngôn ngữ: eng
• Ký hiệu phân loại: 026.96 Libraries, archives, information centers devoted to specific subjects and disciplines
• Thông tin xuất bản: World Bank Group, Washington, DC, 2014
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 302071
• Chủ đề: 1. ACCESS TO ACCOUNTS; 2. ACCESS TO BANKING; 3. ACCESS TO CREDIT; 4. ACCESS TO LOANS; 5. BANK ACCOUNT

Tóm tắt

This paper investigates the African financial development and financial inclusion gaps relative to other peer developing countries. The paper uses a set of variables related to financial development and inclusion. It first estimates the gaps between African countries and other developing countries with similar degrees of economic development. Then, it explores the determinants of financial development and inclusion. The analysis finds that population density is considerably more important for financial development and inclusion in Africa than elsewhere. Finally, the paper shows evidence that a recent innovation in financial services, mobile banking, has helped to overcome infrastructural problems and improve financial access.