scholarly journals Access to Credit by Firms in Sub-Saharan Africa: How Relevant is Gender?

2013 ◽  
Vol 103 (3) ◽  
pp. 293-297 ◽  
Author(s):  
Elizabeth Asiedu ◽  
Isaac Kalonda-Kanyama ◽  
Leonce Ndikumana ◽  
Akwasi Nti-Addae
Keyword(s):  
Developing Countries ◽  
Gender Gap ◽  
Sub Saharan Africa ◽  
Financing Constraints ◽  
Developing Regions ◽  
Access To Finance ◽  
Econometric Estimation ◽  
Access To Credit ◽  
Sub Saharan ◽  
Using Data

The literature on the determinants of firms' financing constraints has paid little attention to gender as a determinant of access to finance. Using data for 34,342 firms from 90 developing countries, the paper analyzes the determinants of firms' financing constraints and assesses whether female-owned firms are more financially constrained than male-owned businesses. The results show that female-owned firms in sub-Saharan Africa are more likely to be financially constrained than male-owned firms, but there is no gender gap in other developing regions. The gender gap in sub-Saharan Africa is robust to variations in specifications and econometric estimation procedures.

scholarly journals The Coupling Coordination Relationship between Tourism Competitiveness and Economic Growth of Developing Countries

2020 ◽  
Vol 12 (6) ◽  
pp. 2350
Author(s):  
Xia Wang ◽  
Danli Liu
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Sub Saharan Africa ◽  
Entropy Weight ◽  
Developing Regions ◽  
The Pacific ◽  
Entropy Weight Method ◽  
Weight Method ◽  
Sub Saharan ◽  
The Relationship

On the basis of the coupling coordination degree (CCD) model and information entropy weight method, this study examined the relationship between tourism competitiveness and economic growth of 56 developing countries from 2008 to 2017. The results show that: (1) the overall status of the CCD between tourism competitiveness and economic growth was in a state of unbalance that was mainly caused by the lag of economic growth, which demonstrates the important contribution of tourism in developing regions. (2) the CCD has been gradually improving since 2008, and the differences amongst the CCDs of developing countries have been shrinking and (3) the spatial distribution of the CCD between tourism competitiveness and economic growth has heterogeneity. Latin America & the Caribbean, and East Asia & the Pacific have the highest CCD, whereas Sub-Saharan Africa witnessed severely unbalanced development between tourism competitiveness and economic growth in 2008–2017.

Start a Business, Get a Credit, Make an Impact

2020 ◽  
Vol 12 (2) ◽  
pp. 29-47
Author(s):  
Sergey Samoilenko ◽  
Kweku-Muata Osei-Bryson
Keyword(s):  
Small And Medium Enterprises ◽  
Sub Saharan Africa ◽  
Necessary Condition ◽  
Sufficient Condition ◽  
Access To Finance ◽  
Access To Credit ◽  
Sub Saharan ◽  
Multi Method Approach ◽  
Medium Enterprises ◽  
Method Approach

It is well known that small and medium enterprises (SME) are important drivers of economic growth, particularly in the countries of Sub-Saharan Africa (SSA). However, typically many SMEs operate as informal enterprises which limits their access to finance. Access to appropriate levels of credit (i.e., get credit) is generally a necessary condition but not sufficient condition for improvement in socio-economic outcomes (i.e., make impact). Thus, improving access to credit is still a desirable goal. This paper uses a DEA-based multi-method approach to explore the “ICT Capabilities & Going Legit & Get Credit & Make Impact” path. The results show that there are statistically significant links between ICT Capabilities and legitimization of SMEs (i.e., going legit), ICT capabilities and get credit, and going legit and get credit. Given this desirability of improving access to credit (i.e., get credit), these results suggest that the increasing the level ICT capabilities should result in increases in the levels of going legit and get credit.

scholarly journals Financial Development and Poverty in Developing Countries: Evidence from Sub-Saharan Africa

2016 ◽  
Vol 9 (1) ◽  
pp. 211 ◽  
Author(s):  
Pam Zahonogo
Keyword(s):  
Developing Countries ◽  
Financial Development ◽  
Poverty Reduction ◽  
Sub Saharan Africa ◽  
Method Of Moment ◽  
African Countries ◽  
Poverty Measures ◽  
Sub Saharan ◽  
Using Data ◽  
Poverty Indicators

The paper investigates how financial development affects poverty indicators in developing countries. We implement this analysis with a poverty model using data from 42 Sub-Saharan African countries and covering the period 1980-2012. We employ the System Generalized Method-of-Moment (GMM) that is appropriate to control country specific effects and the possible endogeneity. The empirical evidence shows that there indeed exists a financial development threshold below which financial development has detrimental effects on poor and above which financial development could be associated with less poverty. The evidence then points an inverted U curve type response and the findings are robust to changes in poverty measures and to alternative model specifications, suggesting thus the non-fragility of the linkage between financial development and poverty for sub-Saharan African countries. Our findings are then promising and support the view that the relation between financial development and poverty reduction is not linear for sub-Saharan African countries.

scholarly journals Impacts of Bank Competition, Financial Stability, and Gender Gap on Access to Finance: Evidence From Sub-Saharan Africa

2021 ◽  
Author(s):  
Bijoy Rakshit
Keyword(s):  
Market Power ◽  
Gender Gap ◽  
Financial Stability ◽  
Probit Model ◽  
Policy Implications ◽  
Sub Saharan Africa ◽  
Bank Competition ◽  
Access To Finance ◽  
Sub Saharan ◽  
And Gender

Abstract Using a dataset of 12504 firms from World Bank Enterprise Survey (WBES), this paper investigates the role of bank competition, financial stability and gender gap in access to finance in Sub-Saharan Africa. We empirically test the existence of market power hypothesis according to which pro-competitive policies alleviate credit constraints from the banking industry. Results obtained through probit model and probit model of sample selection (PSS) confirm that a higher degree of market power negatively affected firm financing in the region. Findings further reveal that the lower rate of female ownership partnerships creates difficulties in obtaining formal finance for female entrepreneurs. Financial stability does not affect access to finance in SSA as indicated by the estimation results. We discuss several policy implications for the region.JEL Classification: D22 . G20 . L11

scholarly journals Access to Finance in Sub-Saharan Africa: Is There a Gender Gap?

2013 ◽  
Vol 47 ◽  
pp. 102-120 ◽  
Author(s):  
Reyes Aterido ◽  
Thorsten Beck ◽  
Leonardo Iacovone
Keyword(s):  
Gender Gap ◽  
Sub Saharan Africa ◽  
Access To Finance ◽  
Sub Saharan

Breaking the Metal Ceiling

2018 ◽  
Author(s):  
Francisco Campos ◽  
Markus Goldstein ◽  
Laura McGorman ◽  
Ana Maria Munoz Boudet ◽  
Obert Pimhidzai
Keyword(s):  
Labour Market ◽  
Gender Gap ◽  
Role Models ◽  
Occupational Segregation ◽  
Gender Segregation ◽  
Sub Saharan Africa ◽  
Small Enterprises ◽  
Labour Market Participation ◽  
Female Labour Market Participation ◽  
Sub Saharan

Evidence from developed and developing countries indicates that there is significant gender segregation within the labour market, with women more likely to work in low-productivity sectors or less profitable businesses. This chapter looks at occupational segregation which significantly contributes to the earnings gender gap worldwide. The chapter studies the differences in outcomes for male and female enterprises and their sectors in sub-Saharan Africa, a region of high female labour market participation and entrepreneurship. Data on Uganda show that women breaking into male-dominated sectors make as much as men, and three times more than women staying in female-dominated sectors. Factors including entrepreneurial skill/abilities and credit/human capital constraints do not explain women’s sectoral choices. However, information about profitability of their small enterprises, male role models’ influence, and exposure to the sector from family and friends are critical in helping women circumvent or overcome norms undergirding occupational segregation.

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