Gender political inclusion and inclusive finance in Africa

Tii N. Nchofoung, Simplice Asongu and Vanessa S. Tchamyou

Economic Systems, 2024, vol. 48, issue 2

Abstract: At the 2010 G20 Summit, the use of formal financial services was recognized as one of the main pillars of the global development agenda. At the same time, the fifth goal of the Sustainable development agenda outlined the importance of gender inclusion for sustainable development. Empirical research on the effect of gender inclusion on inclusive finance has however been limited to micro level studies. This study aims to verify the effect of gender political inclusion on financial inclusion on a sample of 37 African countries from 2004–2020. The empirical methodology involves the OLS, the Tobit regression and the System GMM methodologies. The results from these methods show that gender political inclusion is enhancing on financial inclusion in Africa, and this finding is robust across alternative specifications of gender inclusion and inclusive finance. Besides, governance exhibits a positive synergy effect with gender political inclusion on inclusive finance. Policy implications are discussed.

Keywords: Gender; Political inclusion; Inclusive finance; Africa (search for similar items in EconPapers)
JEL-codes: G20 I32 O55 P16 P43 (search for similar items in EconPapers)
Date: 2024
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Related works:
Working Paper: Gender political inclusion and inclusive finance in Africa (2022)
Working Paper: Gender political inclusion and inclusive finance in Africa (2022)
Working Paper: Gender political inclusion and inclusive finance in Africa (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecosys:v:48:y:2024:i:2:s0939362524000098

DOI: 10.1016/j.ecosys.2024.101187

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