Handbook of Research on Institution Development for Sustainable and Inclusive Economic Growth in Africa

Handbook of Research on Institution Development for Sustainable and Inclusive Economic Growth in Africa PDF Author: Osabuohien, Evans S.
Publisher: IGI Global
ISBN: 1799848183
Category : Business & Economics
Languages : en
Pages : 507

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Book Description
African countries are pursuing a number of development agendas toward achieving economic growth that is inclusive, pro-poor, and sustainable, particularly the type that can unleash the potential of women and booming youthful populations. However, available evidence shows that many African countries have experienced economic hardships and have performed more poorly than other developing and emerging countries in the global south. The Handbook of Research on Institution Development for Sustainable and Inclusive Economic Growth in Africa is an essential research publication that provides comprehensive research on the processes of building viable institutions in Africa that will serve as the fulcrum for utilizing and managing resources as well as promoting economic growth that is inclusive and sustainable. Featuring topics such as climate change, financial development, and poverty, this book is ideal for researchers, policymakers, developers, economic professionals, academicians, government officials, business professionals, and students.

Handbook of Research on Institution Development for Sustainable and Inclusive Economic Growth in Africa

Handbook of Research on Institution Development for Sustainable and Inclusive Economic Growth in Africa PDF Author: Osabuohien, Evans S.
Publisher: IGI Global
ISBN: 1799848183
Category : Business & Economics
Languages : en
Pages : 507

Get Book Here

Book Description
African countries are pursuing a number of development agendas toward achieving economic growth that is inclusive, pro-poor, and sustainable, particularly the type that can unleash the potential of women and booming youthful populations. However, available evidence shows that many African countries have experienced economic hardships and have performed more poorly than other developing and emerging countries in the global south. The Handbook of Research on Institution Development for Sustainable and Inclusive Economic Growth in Africa is an essential research publication that provides comprehensive research on the processes of building viable institutions in Africa that will serve as the fulcrum for utilizing and managing resources as well as promoting economic growth that is inclusive and sustainable. Featuring topics such as climate change, financial development, and poverty, this book is ideal for researchers, policymakers, developers, economic professionals, academicians, government officials, business professionals, and students.

The Global Findex Database 2017

The Global Findex Database 2017 PDF Author: Asli Demirguc-Kunt
Publisher: World Bank Publications
ISBN: 1464812683
Category : Business & Economics
Languages : en
Pages : 228

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Book Description
In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Inc., the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account—the unbanked—as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals.The database, the full text of the report, and the underlying country-level data for all figures—along with the questionnaire, the survey methodology, and other relevant materials—are available at www.worldbank.org/globalfindex.

Impact of Mobile Payment Applications and Transfers on Business

Impact of Mobile Payment Applications and Transfers on Business PDF Author: Opati, Thaisaiyi Zephania
Publisher: IGI Global
ISBN: 1799824004
Category : Business & Economics
Languages : en
Pages : 311

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Book Description
Consumers continue to rely heavily on their phones to complete such tasks as transferring funds between banks or accounts, depositing or withdrawing funds, paying bills, and purchasing items. Mobile money users are oftentimes more financially resilient and can protect themselves better against economic and other shocks. Moreover, mobile money can increase the velocity of money in circulation because it reduces the transactions and time costs of making retail payments. As such, understanding the impact of mobile payments is imperative for businesses and the economy. Impact of Mobile Payment Applications and Transfers on Business is a pivotal reference source that provides vital research on mobile money transfer and its impact in social, corporate, and micro- and macro-policies concerning the aggregate economy and individual households as a whole within an economy. It covers the impact, innovations, business-to-business transformations, regulatory framework, challenges, and ethical issues surrounding mobile money transfers around the world. This book is ideally designed for economists, financial analysts, business managers, leaders, scholars, practitioners, researchers, and students in fields that include management, finance, economics, commerce, and leadership.

The Promise of Fintech

The Promise of Fintech PDF Author: Ms.Ratna Sahay
Publisher: International Monetary Fund
ISBN: 1513512242
Category : Business & Economics
Languages : en
Pages : 83

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Book Description
Technology is changing the landscape of the financial sector, increasing access to financial services in profound ways. These changes have been in motion for several years, affecting nearly all countries in the world. During the COVID-19 pandemic, technology has created new opportunities for digital financial services to accelerate and enhance financial inclusion, amid social distancing and containment measures. At the same time, the risks emerging prior to COVID-19, as digital financial services developed, are becoming even more relevant.

Making Remittances Work

Making Remittances Work PDF Author: Emiko Todoroki
Publisher: World Bank Publications
ISBN: 1464801096
Category : Business & Economics
Languages : en
Pages : 267

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Book Description
Migrant workers routinely send small sums back to their families -- often a crucial lifeline for their survivial. But sending money across countries for these low income people is not easy and often very expensive and risky. Better regulation and supervision of these payment channels can make the process easier to access and more secure.

Financial Inclusion in Asia-Pacific

Financial Inclusion in Asia-Pacific PDF Author: Ms.Elena Loukoianova
Publisher: International Monetary Fund
ISBN: 1484371011
Category : Business & Economics
Languages : en
Pages : 139

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Book Description
Asia has made significant progress in financial inclusion, but both its across-country and intra-country disparities are among the highest in the world. The gaps between the rich and the poor, rural and urban populations, and men and women remain deep. Income is the main determinant of the level of financial inclusion; but other factors, such as geography, financial sector structure, and policies, also play important roles. While some countries in the Asia-Pacific region are leaders in fintech, on average the region lags behind others in several important areas such as online (internet) purchases, electronic payments, mobile money, and mobile government transfers. This Departmental Paper aims to take stock of the development and current state of financial inclusion and shed light on policies to advance financial inclusion in the region. The research focuses on the impact of financial inclusion on economic growth, poverty reduction, and inequality, linkages between financial inclusion and macroeconomic policies, as well as structural policies that are important for improving financial inclusion. Given the increasing importance of financial technologies (fintech), the paper also provides a snapshot of the fintech landscape in the Asia-Pacific.

Banking the World

Banking the World PDF Author: Robert Cull
Publisher: MIT Press
ISBN: 0262544016
Category : Business & Economics
Languages : en
Pages : 519

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Book Description
Experts report on the latest research on extending access to financial services to the 2.5 billion adults around the world who lack it. About 2.5 billion adults, just over half the world's adult population, lack bank accounts. If we are to realize the goal of extending banking and other financial services to this vast “unbanked” population, we need to consider not only such product innovations as microfinance and mobile banking but also issues of data accuracy, impact assessment, risk mitigation, technology adaptation, financial literacy, and local context. In Banking the World, experts take up these topics, reporting on new research that will guide both policy makers and scholars in a broader push to extend financial markets. The contributors consider such topics as the complexity of surveying people about their use of financial services; evidence of the impact of financial services on income; the occasional negative effects of financial services on poor households, including disincentives to work and overindebtedness; and tools for improving access such as nontraditional credit scores, financial incentives for banking, and identification technologies that can dramatically reduce loan default rates.

The U.S.-Honduras Remittance Corridor

The U.S.-Honduras Remittance Corridor PDF Author: Isaku Endo
Publisher: World Bank Publications
ISBN: 0821381466
Category : Technology & Engineering
Languages : en
Pages : 99

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Book Description
This paper provides an overview of remittances and migration between Honduras and the United States and analyzes the remittance regulatory and market environment, including financial inclusion strategies, transnational economic activities, and the impact of remittances on the Honduran economy. 'The U.S.-Honduras Remittance Corridor' makes policy recommendations to the authorities of Honduras and the United States, especially for regulatory reforms that promote the integrity and efficiency of money transfer businesses. We also recommend the development of financial infrastructures in rural areas for better distribution of remittances. Furthermore, we suggest that public policy should be more focused on building an environment for investment in the community and developing local businesses that export to Honduran communities abroad.

Remittances and Financial Inclusion

Remittances and Financial Inclusion PDF Author: Vincent Guermond
Publisher: Taylor & Francis
ISBN: 1000968464
Category : Business & Economics
Languages : en
Pages : 160

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Book Description
This book comprehensively explores the messy and contested relationship between everyday practices of remittance sending and receiving, processes of market making, and operations of micro- and global finance. Remittances and Financial Inclusion critically investigates a global migration-development agenda that aims to harness remittances for development by incorporating remittance flows and households into global financial circuits. The book develops a multidisciplinary perspective and combines insights from economic, development, and financial geography as well as international political economy and economic anthropology. It sets out a geographies of remittance marketisation approach to investigate the intricate and grounded ways in which remittance markets are constructed, the extent to which remittance flows and households can be (re)configured and incorporated into global finance, and why such processes are always fragile, contested, and in need of constant renegotiation. Drawing on extensive fieldwork research, the book provides an in-depth critical interrogation of the policies and initiatives that underpin remittance marketisation in Senegal, Ghana, and beyond. This volume will be especially useful to those researching and working in the areas of international development, contemporary geographies of finance and market making, and migration and remittances. It should also prove of interest to policymakers, practitioners, and activists concerned with the relation between migration, remittances, and finance in the Global South.

Financial Inclusion: What Have We Learned So Far? What Do We Have to Learn?

Financial Inclusion: What Have We Learned So Far? What Do We Have to Learn? PDF Author: Adolfo Barajas
Publisher:
ISBN: 9781513553009
Category :
Languages : en
Pages : 51

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Book Description
The past two decades have seen a rapid increase in interest in financial inclusion, both from policymakers and researchers. This paper surveys the main findings from the literature, documenting the trends over time and gaps that have arisen across regions, income levels, and gender, among others. It points out that structural, as well as policy-related, factors, such as encouraging banking competition or channeling government payments through bank accounts, play an important role, and describes the potential macro and microeconomic benefits that can be derived from greater financial inclusion. It argues that policy should aim to identify and reduce frictions holding back financial inclusion, rather than targeting specific levels of inclusion. Finally, it suggests areas for future research.