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The effect of financial inclusion on welfare in sub-Saharan Africa: Evidence from disaggregated data

Author

Listed:
  • Anthanasius F. Tita
  • Meshach J. Aziakpono

Abstract

Over two decades sub-Saharan Africa has grown an average by 4.8% per annum. A trend called “Africa rising in the literature†but this robust economic growth seem to have benefited only a minority of elite individuals as poverty in the region remains high and income inequality continues to rise. Critics attribute this to a lack […]

Suggested Citation

  • Anthanasius F. Tita & Meshach J. Aziakpono, 2017. "The effect of financial inclusion on welfare in sub-Saharan Africa: Evidence from disaggregated data," Working Papers 679, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:679
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    File URL: https://econrsa.org/wp-content/uploads/2022/06/working_paper_679.pdf
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    Citations

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    Cited by:

    1. Alfonso Siano & Lukman Raimi & Maria Palazzo & Mirela Clementina Panait, 2020. "Mobile Banking: An Innovative Solution for Increasing Financial Inclusion in Sub-Saharan African Countries: Evidence from Nigeria," Sustainability, MDPI, vol. 12(23), pages 1-24, December.
    2. Ofeh M. Edoh & Tii N. Nchofoung & Ofeh E. Anchi, 2021. "The Impact of Financial Inclusion on Household Health Expenditures in Africa," Working Papers of the African Governance and Development Institute. 21/080, African Governance and Development Institute..
    3. Sanderson Abel & Learnmore Mutandwa & Pierre Le Roux, 2018. "A Review of Determinants of Financial Inclusion," International Journal of Economics and Financial Issues, Econjournals, vol. 8(3), pages 1-8.
    4. Chima M. Menyelim & Abiola A. Babajide & Alexander E. Omankhanlen & Benjamin I. Ehikioya, 2021. "Financial Inclusion, Income Inequality and Sustainable Economic Growth in Sub-Saharan African Countries," Sustainability, MDPI, vol. 13(4), pages 1-15, February.
    5. EZZAHID, Elhadj & ELOUAOURTI, Zakaria, 2017. "Financial development and total factors productivity channel: Evidence from Africa," MPRA Paper 81764, University Library of Munich, Germany.
    6. Thanh Tam Le & Nguyen Dieu Linh Dang & Thi Dieu Thu Nguyen & Thanh Son Vu & Manh Dung Tran, 2019. "Determinants of Financial Inclusion: Comparative Study of Asian Countries," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 9(10), pages 1107-1123, October.

    More about this item

    Keywords

    business analysis; Financial Accounting; Financial Markets;
    All these keywords.

    JEL classification:

    • D6 - Microeconomics - - Welfare Economics
    • G2 - Financial Economics - - Financial Institutions and Services
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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