Financial Inclusion on Economic Growth in Sub-Sahara Africa

Abstract:

The main aim of this study is to analytically evaluate the relevance of inclusive financial access on economic growth in 48 Sub-Sahara African (SSA) countries with periodicity from 1995 to 2017 and the findings are empirically established from the Generalised Method of Moments (GMM) regressions. This article finds that there is a positive relationship between financial inclusion and economic growth in SSA. The recommendation concluded in this study is that financial inclusion programs should be tailored to the agricultural sector of the economy in order to create more opportunities for sustainable economic growth.

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