Tóm tắt
Purpose – The purpose of this paper is to focus on measuring financial inclusion (FI) level for the developing countries. Design/methodology/approach – By using a two-stage principal component analysis method, we construct a composite FI index to measure the degree of FI. Data are collected through secondary sources including World Bank and IMF reports for the period 2012–2018. Findings – We have built an overall FI index which is considered as a comprehensive measure of FI, a useful tool for policymaking and policy evaluation. Comparison with other studies shows that our FI index corroborates with them. Practical implications – Building a good FI measurement method is important for developing countries. It helps to assess and compare the level of FI of each country and between countries together, made easily and accurately. Originality/value – This study emphasizes the important role of FI in the economy. From there, an FI solution is integrated into the construction and calculation of its impact on other factors. This will help policymakers to take effective measures to increase FI levels to achieve sustainable economic growth
Chủ đề
Financial inclusion, Measuring financial inclusion, FI index
Nhà xuất bản
Kinh Tế Quốc Dân???dc.relation.reference???
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Aduda, J. and Kalunda, E. (2012), “ Financial inclusion and financial sector stability with reference to Kenya: a review of literature” , Journal of Applied Finance and Banking, Vol. 2 No. 6, pp. 95-120. Ahamed, M.M. and Mallick, S.K. (2019), “Is financial inclusion good for bank stability? International evidence”, Journal of Economic Behavior and Organization, Vol. 157, pp. 403-427. Akileng, G., Lawino, G.M. and Nzibonera, E. (2018), “Evaluation of determinants of financial inclusion in Uganda”, Journal of Applied Finance and Banking, Vol. 8 No. 4, pp. 47-66.&...See More
