- Title
- The impact of financial inclusion on poverty: a case of selected SADC countries.
- Creator
- Ndlovu, Nkazimulo Glitter
- Subject
- Financial services industry
- Subject
- Poverty--Africa
- Subject
- Poverty
- Date Issued
- 2021-09
- Date
- 2021-09
- Type
- Master's theses
- Type
- text
- Identifier
- http://hdl.handle.net/10353/21311
- Identifier
- vital:48393
- Description
- Financial inclusion is widely regarded as another conduit through which poverty can be alleviated. However, both theoretical and empirical literature does not reach consensus on the effect of financial inclusion on poverty. Against this background, the study empirically examines the effect of financial inclusion on poverty in selected Southern African Development Community (SADC) countries, which include (Botswana, Malawi, Mauritius, Namibia, South Africa, Tanzania, and Zambia). The author employs the Generalized Method of Moments (GMM) technique for the period 1980 to 2019. Based on the Financial Intermediation Theory and the Social Justice Theory: Tunnel effect, 5 different models were estimated. Variables used to capture the different dimensions of financial inclusion include ATMs per 1000km and Bank Accounts per 1000 adults as well as Bank’s private Credit to GDP and Commercial Bank branches per 1000 adults’. The control variables used in the study are; GDP per Capita, Government Consumption, Inflation and Education. Empirical results revealed that financial inclusion reduces the level of poverty in the selected SADC states. The results also revealed that GDP per capita and government spending have a negative effect on poverty in the region. An interesting finding, even though not the major focus of the study was the effect of education. The results revealed that lower levels of education may exacerbate the level of poverty in the region. At the same time, tertiary education was found to have a negative and significant effect on poverty. The empirical results imply that policy makers should center their focus on reforms that will ensure that more people are financially included in the region. Also policies promoting high growth levels and acquisition of higher levels of education should be pursued.
- Description
- Thesis (MCom) (Economics) -- University of Fort Hare, 2021
- Format
- computer
- Format
- online resource
- Format
- application/pdf
- Format
- 1 online resource (89 pages)
- Format
- Publisher
- University of Fort Hare
- Publisher
- Faculty of Management and Commerce
- Language
- English
- Rights
- University of Fort Hare
- Rights
- All Rights Reserved
- Rights
- Open Access
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UFH Department of Economics
| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | SOURCE1 | Ndlovu_201506285_Economics.pdf | 1 MB | Adobe Acrobat PDF | View Details Download |