Determinants of Financial Inclusion-in Arab World

Document Type : Original Article

Author

كلية النقل الدولى واللوجيستيات - الاكاديمية العربية للعلوم والتكنولوجيا والنقل البحرى

Abstract

Financial inclusion aims to include all excluded population through facilitation of low cost and easily accessed financial services. The paper calculated index of financial inclusion for Arab countries over the period from 2004 to 2016 using multi‌dimensional index, which are availability, usage and access to banking services. Panel model estimated to analyze the determinants of financial inclusion to underscores governments’ needs to provide complementary policies towards higher financial inclusion. Significant variables found to be usage of internet and mobile, electricity coverage, Human development, domestic credit provided by financial sector as percentage of GDP and urbanization.

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