Financial inclusion, bank ownership, and economy performance: Evidence from developing countries

Autor:	Djoulassi K. Oloufade, Isaac Marcelin, Aklesso Y.G. Egbendewe, Wei Sun
Rok vydání:	2022
Předmět:	Financial inclusion Economy business.industry Intermediation Developing country Business Macro Finance Financial services Gross domestic product Banking sector Institutional quality
Zdroj:	Finance Research Letters. 46:102322
ISSN:	1544-6123
DOI:	10.1016/j.frl.2021.102322
Popis:	This study analyzes financial inclusion and bank ownership structure's macro impact, using data from 44 developing countries over 2004-2017. Although foreign bank participation enhances the banking sector's efficiency, the benefits decline with circumscribed and exclusory intermediation, resulting in reduced per capita GDP and output growth. Use of and access to financial services and products, including ATMs availability and depositor accounts, positively impact economic performance. To positively impact the economy, financial inclusion and bank ownership require a minimum level of institutional quality.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::60c2b5673c9cfe768d21365c9c096ac2 https://doi.org/10.1016/j.frl.2021.102322 Zobrazit plný text záznamu Full Text from ScienceDirect