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Impact of terrorism on financial inclusion: evidence from the most terrorized countries in the world

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  • Ozili, Peterson K

Abstract

This study investigates the impact of terrorism on financial inclusion that is achieved through ATM penetration and bank branch expansion. Eight countries that are the most terrorized countries in the world were analysed using the panel fixed effect regression model and the generalized linear model. The results provide evidence that terrorism reduces the level of financial inclusion in countries experiencing terrorism, but the presence of strong legal institutions, accountability governance institutions and political stability governance institutions mitigate the adverse effect of terrorism on financial inclusion.

Suggested Citation

  • Ozili, Peterson K, 2024. "Impact of terrorism on financial inclusion: evidence from the most terrorized countries in the world," MPRA Paper 120154, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:120154
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    References listed on IDEAS

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    Cited by:

    1. Najihah Marha Yaacob & Aminah Jazilah Azman & Arina Rus Zahira Rusli & Nur Mimi Najihah Ghazali, 2025. "Strengthening Financial Inclusion in the Insurance Industry Post-COVID-19: Challenges and Solutions," Information Management and Business Review, AMH International, vol. 17(1), pages 233-240.

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    Keywords

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    JEL classification:

    • G00 - Financial Economics - - General - - - General
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • I39 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Other

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