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COVID-19 Global Pandemic, Financial Development and Financial Inclusion

Nathanael Ojong () and Simplice Asongu ()
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Nathanael Ojong: York University, Toronto, Canada

No 21/078, Working Papers from European Xtramile Centre of African Studies (EXCAS)

Abstract: This chapter examines how the Covid-19 pandemic has affected financial development and financial inclusion in African countries. The study provides both broad perspectives and country-specific frameworks based on selected country cases studies. Some emphasis is placed on the achievement of sustainable development goals (SDGs) that are related to financial inclusion. The study aims to understand what immediate challenges the COVID-19 pandemic has represented to the economies and societies on the one hand and on the other, the effect of the COVID-19 on the interconnected financial systems in terms of consequences of the pandemic. The relevance of the study builds on the importance of these insights in helping both scholars and policy makers understand how the effect of the pandemic on the financial system and by extension, the global economy can be mitigated for more financial inclusion.

Keywords: Covid-19 pandemic; financial development; Financial inclusion; Africa (search for similar items in EconPapers)
Pages: 21
Date: 2021-01
New Economics Papers: this item is included in nep-cfn, nep-fle and nep-isf
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http://publications.excas.org/RePEc/exs/exs-wpaper ... ancial-Inclusion.pdf Revised version, 2021 (application/pdf)

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Working Paper: COVID-19 Global Pandemic, Financial Development and Financial Inclusion (2021) Downloads
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