1 option
The African Financial Development and Financial Inclusion Gaps / Allen, Franklin
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Allen, Franklin
- Series:
- Policy research working papers.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Access to Finance.
- Debt Markets.
- Development Gaps.
- E-Business.
- Economic Theory & Research.
- Emerging Markets.
- Finance and Financial Sector Development.
- Financial Development.
- Financial Inclusion.
- Macroeconomics and Economic Growth.
- Public Sector Development.
- Local Subjects:
- Access to Finance.
- Debt Markets.
- Development Gaps.
- E-Business.
- Economic Theory & Research.
- Emerging Markets.
- Finance and Financial Sector Development.
- Financial Development.
- Financial Inclusion.
- Macroeconomics and Economic Growth.
- Public Sector Development.
- Physical Description:
- 1 online resource (37 pages)
- Place of Publication:
- Washington, D.C., The World Bank, 2014
- System Details:
- data file
- Summary:
- 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.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.