Financial Services to the Unbanked: the case of the Mzansi intervention in South Africa
| Autor: | Philip Kostov, Thankom Arun, Samuel Annim |
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| Jazyk: | angličtina |
| Rok vydání: | 2014 |
| Předmět: | |
| Zdroj: | Contemporary Economics, Vol 8, Iss 2, Pp 1-123 (2014) |
| Druh dokumentu: | article |
| ISSN: | 2084-0845 1897-9254 |
| DOI: | 10.5709/ce.1897-9254.140 |
| Popis: | The Mzansi intervention is a major initiative designed to provide banking services to the unbanked South African population. This study investigates the underlying variables that define the choice of a Mzansi account from a consumer perspective. Unlike previous studies, we do not assume that demand for financial services is a given but instead that it is underlain by perceptions and attitudes. Financial attitudes and perceptions are found to exert significant effects on financial choices. In particular, aspirations and forward-looking values are instrumental in facilitating access to finance. |
| Databáze: | Directory of Open Access Journals |
| Externí odkaz: |
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