- Title
- The nexus between technology penetration, financial service regulation and financial inclusion in Sub-Saharan Countries
- Creator
- Ndlovu Sopho https://orcid.org/0000-0003-4958-5719
- Subject
- Technological innovations -- Developing countries
- Subject
- Finance -- Economic aspects
- Date
- 2023-11
- Type
- Master's theses
- Type
- text
- Identifier
- http://hdl.handle.net/10353/29506
- Identifier
- vital:77973
- Description
- Over the past two decades there has been a significant increase in technological advancement, with development and usage at high levels. One sector that has embraced the advancement in technology is financial services, with regulations revision following suit- albeit with criticism on some contradictions. On the other hand, technology penetration has been viewed as panacea to slow and almost reduced financial inclusion in emerging and developing economies. The study utilised a unique data for selected 24 Sub-Saharan Countries to interrogate the nexus between technology penetration, financial services regulation, and financial inclusion. The purpose of this study is to examine the nexus between technology penetration, financial regulation, and financial inclusion within the Sub-Saharan region. We look at the regulatory frameworks within these countries and the resultant financial inclusion levels. Using robust empirical estimation techniques controlling for the country differences, the results have important regulatory and financial sector transformation lessons. The author employed the Generalized Method of Moments (GMM) technique from 2011 to 2021. The study revealed that technology penetration has a positive effect on financial inclusion, while financial service regulation has a negative relationship with financial inclusion. In addition, the study revealed financial technology as the major drive to financial inclusion due to its ability to meet the unbanked section of the community. On the other hand, financial service regulation hinders the ability of the financial sector to provide finance due to its capital adequacy stringent rules. The empirical results imply that policy makers should centre their focus on policies that promote technology penetration so as to enhance financial inclusion. Moreover, policies on financial regulation may strike a balance between financial inclusion and bank stability.
- Description
- Thesis (MCom in Economics) -- Faculty of Management and Commerce, 2023
- Format
- computer
- Format
- online resource
- Format
- application/pdf
- Format
- 1 online resource (xiv, 113 pages)
- Format
- Publisher
- University of Fort Hare
- Publisher
- Faculty of Management and Commerce
- Language
- English
- Rights
- rights holder
- Rights
- All Rights Reserved
- Rights
- Open Access
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- Visitors: 10
- Downloads: 1
Collections
UFH Department of Economics
| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details | SOURCE1 | NDLOVU SOPHO_201912850_FullDissertation.pdf | 40 MB | Adobe Acrobat PDF | View Details |