Social integration and financial inclusion of forcibly displaced persons in Sub-Saharan African countries
| Autor: | Adegbite O. Esther, Patrick Omoruyi Eke, Achugamonu Bede Uzoma, K. A. Adetiloye, Godswill Osagie Osuma |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2020 |
| Předmět: |
Economic growth
unemployment Information Systems and Management Index (economics) Sub saharan Sociology and Political Science poverty Sustainable Development Goals lcsh:Business Social integration 0502 economics and business 050207 economics Business and International Management Publication Financial inclusion 050208 finance business.industry Displaced person 05 social sciences social integration General Business Management and Accounting social seclusion business lcsh:HF5001-6182 Law Social Sciences (miscellaneous) |
| Zdroj: | Problems and Perspectives in Management, Vol 18, Iss 3, Pp 170-181 (2020) |
| ISSN: | 1810-5467 1727-7051 |
| Popis: | Most government and international financial institutions worldwide have adopted financial inclusion as a veritable platform for achieving the Social Development Goals of hunger and poverty eradication, inequality reduction, and employment creation. Their efforts will not yield much dividend if a sizeable part of the populace are constrained from social and formal financial inclusion due to social disorder. This study examined the relationship between social seclusion of forcibly displaced persons from formal financial inclusion in twenty-seven Sub-Saharan African countries. Granger Error Correction Method (ECM) with Generalized Methods of Moments (GMM) was used to analyze the short panel data obtained from the World Bank database. The study found a negative long-run relationship between social seclusion and financial inclusion. That is, an increase in social menace overtime will result in more people being financially excluded from formal financial transactions. It, therefore, recommends, amongst others, that government should encourage forcibly displaced persons to become gainfully employed and productive. Specifically, persons in refugee and internally displaced persons camps should be trained to acquire skills that will enable them to become self-employed, create wealth for themselves, and contribute actively to the sustainable economic growth of their host country rather than just provide food and other welfare packages as a temporal palliative for survival. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|