Financial Inclusion in Selected MENA Countries

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

Rousta Zohreh; Zohouri Kahnamoei Rahim

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: Majles & Economy Year:2023 | Volume:1 | Issue:1 Page(s): 129-148

Download Full-Text

Persian Verion

View:

Download:

Cites:

Information Journal Paper

Title

Financial Inclusion in Selected MENA Countries

Author(s)

Rousta Zohreh | Zohouri Kahnamoei Rahim | Issue Writer Certificate

Keywords

Financial inclusion

Quality of Governance

Financial Stability in Bank Sector

FMOLS

MENA Countries

Abstract

One of the main prerequisites of sustainable development to be Financial inclusion which is regarded as a key factor of financial development. By improving the efficiency of financial markets and the effectiveness of financial intermediation, Financial inclusion not only strengthens financial stability but increases having unrestricted access to investment fund and financial services as well. Promoting Financial inclusion and developing good governance are main but challenging priorities in the MENA region. Considering the importance of the matter, the paper empirically investigates the relationship between governance quality and the Financial inclusion by using Fully Modified Ordinary Least Squares (FMOLS) during the period of 2004-2021 for the 15 selected MENA Countries. To evaluate the influence, we take advantages of six governance indicators including control of corruption, voice and accountability, government effectiveness, political stability and absence of violence/terrorism, and rule of law. Also, for the Financial inclusion index of the banking sector the number of ATMs, the number of commercial banks and financial Institutions as well as financial assistance provided by banks and lending institutions are used. Applying FMOLS technique was chosen to estimate the models in our study because of the results of the static and cointegration tests. Estimating the models indicates that the improvement of governance indicators, in general, significantly affects Financial inclusion. In comparison with the variable of rule of law with the most favorable effect, voice and accountability has the least effect on Financial inclusion. Among the control variables, the financial stability index has a positive and significant impact, though population growth adversely affects Financial inclusion in these countries.

Multimedia

No record.

Cites

No record.

References

No record.

Cite

Related Journal Papers

No record.

Related Seminar Papers

No record.

Related Plans