Benefits and Costs on Integrated Financial Services Provision in Developing Countries

2003 ◽  
Vol 2003 (1) ◽  
pp. 85-139 ◽  
Author(s):  
Stijn Claessens
Keyword(s):  
Developing Countries ◽  
Financial Services ◽  
Benefits And Costs

scholarly journals The Impact of Financial Development on Innovation Activities in Emerging and Developing Countries

2019 ◽  
Vol 10 (1) ◽  
pp. 112 ◽  
Author(s):  
KamiliaKamilia LoukilLoukil
Keyword(s):  
Developing Countries ◽  
Financial Development ◽  
Financial Services ◽  
Positive Impact ◽  
Threshold Model ◽  
Threshold Value ◽  
Innovation Activities ◽  
Linear Effects ◽  
Emerging And Developing Countries ◽  
The Impact

We investigate in this paper the effect of financial development on innovation in emerging and developing countries. The estimation of panel threshold model for a sample 54 countries during the period 1980-2009 shows the presence of non linear effects in the relationship between financial development and innovation. We find a threshold value of economic development below which the financial development level has no significant impact on innovation and above which financial development has a significant positive impact on innovation. In sum, our findings suggest that the presence of a healthy economic environment is crucial for financial institutions to offer high-quality financial services, promoting more innovation.

scholarly journals Family Poultry (FP) as a Tool for Improving Gender Equity and Women’s Empowerment in Developing Countries: Evidence from Bangladesh

2021 ◽  
Vol 3 (2) ◽  
pp. 37-44
Author(s):  
Soshe Ahmed ◽  
Maksuda Begum ◽  
Afia Khatun ◽  
Md. R Gofur ◽  
Md. TA Azad ◽  
...  
Keyword(s):  
Decision Making ◽  
Developing Countries ◽  
Gender Equity ◽  
Financial Services ◽  
Poultry Production ◽  
Asset Accumulation ◽  
The Family ◽  
Marketing Systems ◽  
Access To Knowledge ◽  
Training Services

The study assessed the integrated gender issues of family poultry production in developing countries with evidence in Bangladesh. The result draws attention to the widespread acknowledgment of the critical roles of gender in family poultry production system. The results show that women hold the maximum of the ownership (90.58%, p=0.0001) and responsible for the caring of (93.94%, p=0.0001) family poultry in Bangladesh, likewise other developing countries. The result reveals that women control over the decision-making for the selling of eggs and birds in Bangladesh. Women mostly (94.58%) hold the knowledge useful in the prevention and treatment of poultry illness; however, their role was found low (3.46%) in buying medicine and vaccines for poultry as compared to men (96.54%) in Bangladesh. The findings show that women were nearly two times more willing than men to adopt improved rearing technologies related to family poultry production. Both women and men are impacted indifferently by lower adoption of scientific poultry-keeping technologies. Women are independently facing more problems in access to knowledge, training, services, marketing systems, and financial services related to family poultry production. Despite having many limitations, it is clear that family poultry empowers women through asset accumulation and increasing their decision-making ability in the families and the broader community. The study also highlights the necessity of considering an engendered approach in policy and operational level for the family poultry development.

IMPACTS OF FINANCIAL INCLUSION ON POVERTY AND INCOME INEQUALITY IN DEVELOPING ASIA

2021 ◽  
pp. 1-17
Author(s):  
WARATTAYA CHINNAKUM
Keyword(s):  
Developing Countries ◽  
Income Inequality ◽  
Low Income ◽  
Financial Services ◽  
Trade Openness ◽  
Generalized Method Of Moments ◽  
Principal Component ◽  
Financial Inclusion ◽  
Poor Households ◽  
Low Income Groups

This study investigates the impacts of financial inclusion on poverty and income inequality in 27 developing countries in Asia during 2004–2019 based on a composite financial inclusion index (FII) constructed using principal component analysis (PCA). The generalized method of moments (GMM) was employed for the estimation. The results show that financial inclusion can influence the reduction in both poverty and income inequality. The empirical findings also reveal the contribution of such control variables as economic growth in decreasing income disparity and trade openness in helping improve the standard of living of poor households despite its tendency to co-vary with income inequality. The present empirical evidence supporting the role of financial inclusion in reducing poverty and income inequality in developing countries has led to a policy implication that financial sector development should focus on the availability, usage, and depth of credit to cover all poor households or low-income groups to help improve their access to financial services, enable them to increase their income, and reduce the income gap between poor and rich households.

Protecting the entrepreneurial poor: A human rights approach

2019 ◽  
Vol 18 (4) ◽  
pp. 336-357 ◽  
Author(s):  
Jahel Queralt
Keyword(s):  
Developing Countries ◽  
Human Rights ◽  
Financial Services ◽  
Shadow Economy ◽  
Working Poor ◽  
Individual Autonomy ◽  
Policy Uncertainty ◽  
Market Failures ◽  
Commercial Activities ◽  
Bundle Of Rights

Half of the working poor in developing countries are informal entrepreneurs – they make a living by engaging in commercial activities in the shadow economy. A series of government and market failures – for example, corruption, policy uncertainty, and barriers in access to financial services – limit the productivity of informal businesses and condemn their owners to remain poor. This article offers a normative analysis of this problem and makes a twofold contribution. First, it argues that some institutional obstacles that push the entrepreneurial poor toward informality are a violation of a bundle of rights that we can refer as entrepreneurial rights. Second, it claims that these rights ought to be recognized as legal human rights because of their value to realize individual autonomy and to satisfy the basic need to engage in production.

Digitalisation of the Global FinTech Industry

2020 ◽  
pp. 431-449 ◽  
Author(s):  
Muhammad Waleed Butt ◽  
Usman Javed Butt
Keyword(s):  
Developing Countries ◽  
Digital Media ◽  
Financial Services ◽  
Business Models ◽  
Banking Industry ◽  
Digital Technologies ◽  
Value Proposition ◽  
Goods And Services ◽  
Digital Disruption ◽  
Financial Technology

The digitalisation of global financial technology and marketing is central for the success of many banking organisations across the globe. Digital disruption is a change that occurs when new emerging digital technologies and business models affect the value proposition of existing goods and services for low end demanding customers or for new market customers. Digital banking or online or virtual banking is leading to the digitization of all the traditional banking activities, products, process, or services. It is needless to state that mere adaptation of digital media to comply with trends does not guarantee success. The digital trends in the banking industry has seen banks focusing on digitalization core processes, increasing awareness, financial inclusions, and undertaking sustainable practices. FinTech (i.e., financial technology) is competing with traditional financial methods in the delivery of financial services and reaching the unbanked segment of society, particularly in developing countries. There is a strong need to understand drivers and trends in the FinTech industry.

scholarly journals The impact of social media on the performance of microfinance institutions in developing countries: a quantitative approach

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ahmad Daowd ◽  
Muhammad Mustafa Kamal ◽  
Tillal Eldabi ◽  
Ruaa Hasan ◽  
Farouk Missi ◽  
...  
Keyword(s):  
Social Media ◽  
Developing Countries ◽  
Performance Indicators ◽  
Financial Services ◽  
Microfinance Institutions ◽  
Poverty Level ◽  
Content Type ◽  
Media Platform ◽  
Media Applications ◽  
The Impact

PurposeOver the last few decades, microfinance industry is argued to have played a constructive role in alleviating poverty level and providing the underprivileged with access to financial services. Statistics from the World Bank reveal that, currently, only 4% of the underprivileged have been served out of the 3 billion+ potential clients. Such results are due to several claims, particularly the operational and financial challenges faced by microfinance institutions (MFIs) in the constant flux inviting more attentions towards its performance. While explicit attention is given by many researchers towards mobile banking and information and communication technology (ICT) in improving the MFIs’ performance, the study on how social media, as a rapidly growing online phenomenon, can impact on the MFIs’ performance remains scarce. As such, this study aims to investigate this impact based on four dimensional performance indicators: efficiency, financial sustainability, portfolio quality and outreach.Design/methodology/approachA model is proposed and tested to ascertain the relationship between social media applications and organisational performance. In so doing, web-based questionnaires have been used to collect data from MFI employees in developing countries. Results reveal a significant influence of the social media over the MFIs’ performance, offering valuable insights into both researchers and practitioners in the domain of microfinance, as well as social media—conforming that the adoption of social media as marketing, advertising and communication tools may significantly improve the MFIs’ performance.FindingsThe results demonstrate that there is a positive and significant impact of social media use within microfinance on the key indicators of MFIs. They also show that the highest impact of social media usage within the microfinance is on the portfolio quality. In addition, it was found that marketing and advertising; communication and sales and distribution are the main areas where social media is able to support while social networking websites are the most popular platforms employed in MFIs.Originality/valueThis study adds to the existing literature few theoretical and practical aspects. First, this study developed a model for assessing the value of social media as a new phenomenon within this type of organisation. Second, it offers microfinance sponsors, managers and policy makers with a frame of reference to understand what social media platform can be deployed for each purpose. Third, with the identification of the main MFIs’ performance indicators, this research provided a reference of performance measurement guide for microfinance industry when assessing different technological employment.

scholarly journals Financial Access and Business Performance of Urban Unorganised Sector Enterprises: A Study of Assam in Northeast India

2020 ◽  
Vol 29 (1) ◽  
pp. 119-147
Author(s):  
Prasenjit Bujar Baruah ◽  
M. P. Bezbaruah
Keyword(s):  
Developing Countries ◽  
Financial Performance ◽  
Financial Services ◽  
Business Performance ◽  
Northeast India ◽  
Access To Finance ◽  
Financial Access ◽  
Logit Regression ◽  
Indian State ◽  
Dominant Characteristic

The urban unorganised sector has been a dominant characteristic feature of the developing countries providing livelihood to a disproportionately large number of households for prolonged period. However, enterprises in this sector are often stunted by myriads of problems among which meagre access to formal financial services is a crucial constraint, as access to other enabling conditions often hinges upon access to finance. This article is based on a study of such enterprises in the Northeast Indian state of Assam, where access to finance is relatively limited in general. Using inputs from a customised survey, the article explores the extent to which the accessibility of financial services influences the growth and financial performance of the unorganised sector enterprises in Assam. Tools employed include a customised financial access index, a generalised linear model and an ordered LOGIT regression. The results show that the financial performance of the enterprises is not significantly associated with the extent of their financial access, but their growth is critically dependent on it.

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