Analyzing the Consequences of Financial Inclusion on the Effectiveness of the Financial System and its Capacity to be Maintained Through Evidence from Asia
Journal Title: International Journal of Social Science And Human Research - Year 2022, Vol 5, Issue 11
Abstract
Using yearly data for 40 countries between 2000 and 2021, this article seeks to examine the connection between the financial inclusion index and development factors in the world's poorest regions: Asia. As a means of investigating this connection, we use pooled panel regression and panel data analysis. This empirical evidence suggests that expanding economies is the key to expanding access to financial services. Women are more likely than males to be economically excluded due to a variety of reasons, including unemployment and literacy rates. People in rural regions of less developed nations have less access to financial resources because of the economy's reliance on agriculture. Wage disparity has a chilling effect on people's ability to participate in the financial system and hampers progress. Because of this low degree of financial inclusion, these nations are not as developed as they may be. This research has the potential to improve the lives of marginalized people in the nations under consideration. Policymakers should think about enacting measures to boost literacy, eradicate gender discrimination, and increase wage equity in order to better the environment for development
Authors and Affiliations
Hasan Shirazi
Keywords
Related Articles
- EP ID EP712040
- DOI 10.47191/ijsshr/v5-i11-05
- Views 71
- Downloads 0
Legal Protection for Workers on Pension Plan Policy
Objective: to find out legal protection for workers over the polemic of the Minister of Manpower Regulation Number 2 of 2022 regarding the Pension Plan (Jaminan Hari Tua – JHT) which is considered legally flawed. Metho...
Navigating the Complexities of Identity: is there an Accelerated Israelization of Religion?
This research aims to explore the dynamics of Israeli politics, particularly regarding the interplay between religion, democracy, and identity. By delving into this complex landscape, the research unravels the multifacet...
The Evidentiary Power of the Deed Made Electronically by the Land Deed Officials
The Indonesian government has passed Law 11 of 2020 on Job Creation to improve the investment ecosystem. The changes include the making of a deed of transfer of land rights, which has been made on the condition that the...
A Study on Factors Affecting Smartphone Purchase Decisions in Indonesia
Smartphones are constantly developing and increasingly impacting human behavior, making them a key benchmark of current telecommunications technology. Smartphones, whether in our pockets or our hands, have become an indi...
The Relationship of Emotional Intelligence, Organizational Climate, and Interpersonal Communication to the Performance of Elementary School Teachers in Simpur District, Hulu Sungai Selatan Regency
This study aims to analyze the direct and indirect relationship of emotional intelligence, organizational climate, and interpersonal communication to the performance of primary school teachers in Simpur District, South H...