Impact of terrorism on financial inclusion: evidence from the most terrorized countries in the world

Peterson Ozili

MPRA Paper from University Library of Munich, Germany

Abstract: This study investigates the impact of terrorism on financial inclusion that is achieved through ATM penetration and bank branch expansion. Eight countries that are the most terrorized countries in the world were analysed using the panel fixed effect regression model and the generalized linear model. The results provide evidence that terrorism reduces the level of financial inclusion in countries experiencing terrorism, but the presence of strong legal institutions, accountability governance institutions and political stability governance institutions mitigate the adverse effect of terrorism on financial inclusion.

Keywords: Terrorism; financial inclusion; access to finance; institutions; commercial bank branchs; ATM. (search for similar items in EconPapers)
JEL-codes: G00 G21 I30 I31 I38 I39 (search for similar items in EconPapers)
Date: 2024
New Economics Papers: this item is included in nep-ban, nep-fle and nep-pay
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:120154

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