Analysis of the impact of financial inclusion and FinTech on youth labour force participation in the MENA region
This study examines the determinants of financial inclusion and FinTech, and then evaluates their effects on youth labour force participation in the MENA region. The World Bank’s Global Findex 2021 database was used to perform probit estimations and propensity score matching. The results show that y...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2024-12-01
|
| Series: | Economics and Business Review |
| Subjects: | |
| Online Access: | https://doi.org/10.18559/ebr.2024.4.1668 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1841536592447012864 |
|---|---|
| author | Elmasmari Hanane Amaghouss Jabrane |
| author_facet | Elmasmari Hanane Amaghouss Jabrane |
| author_sort | Elmasmari Hanane |
| collection | DOAJ |
| description | This study examines the determinants of financial inclusion and FinTech, and then evaluates their effects on youth labour force participation in the MENA region. The World Bank’s Global Findex 2021 database was used to perform probit estimations and propensity score matching. The results show that young people with higher education levels, higher incomes, mobile phones and Internet access are more likely to be included in the traditional and digital financial systems. In addition, barriers to financial inclusion encompass a lack of documentation, religious constraints and the costs associated with financial services. Furthermore, examining the effect of financial inclusion and FinTech reveals that having formal bank accounts and mobile money accounts, as well as savings, formal loans, and digital transactions, has a significant impact on young people’s participation in the labour force. |
| format | Article |
| id | doaj-art-bce185c3e7f745d48f486192533c1144 |
| institution | Kabale University |
| issn | 2450-0097 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Economics and Business Review |
| spelling | doaj-art-bce185c3e7f745d48f486192533c11442025-01-14T14:22:32ZengSciendoEconomics and Business Review2450-00972024-12-01104567910.18559/ebr.2024.4.1668Analysis of the impact of financial inclusion and FinTech on youth labour force participation in the MENA regionElmasmari Hanane0Amaghouss Jabrane1Faculty of Law, Economics, and Social Sciences, Cadi Ayyad University, Daoudiate, B.P. 2380, Marrakech 40000, MoroccoFaculty of Law, Economics, and Social Sciences, Cadi Ayyad University, Daoudiate, B.P. 2380, Marrakech 40000, MoroccoThis study examines the determinants of financial inclusion and FinTech, and then evaluates their effects on youth labour force participation in the MENA region. The World Bank’s Global Findex 2021 database was used to perform probit estimations and propensity score matching. The results show that young people with higher education levels, higher incomes, mobile phones and Internet access are more likely to be included in the traditional and digital financial systems. In addition, barriers to financial inclusion encompass a lack of documentation, religious constraints and the costs associated with financial services. Furthermore, examining the effect of financial inclusion and FinTech reveals that having formal bank accounts and mobile money accounts, as well as savings, formal loans, and digital transactions, has a significant impact on young people’s participation in the labour force.https://doi.org/10.18559/ebr.2024.4.1668financial inclusionfintechlabour forcepropensity score matchingmenag50j21n2 |
| spellingShingle | Elmasmari Hanane Amaghouss Jabrane Analysis of the impact of financial inclusion and FinTech on youth labour force participation in the MENA region Economics and Business Review financial inclusion fintech labour force propensity score matching mena g50 j21 n2 |
| title | Analysis of the impact of financial inclusion and FinTech on youth labour force participation in the MENA region |
| title_full | Analysis of the impact of financial inclusion and FinTech on youth labour force participation in the MENA region |
| title_fullStr | Analysis of the impact of financial inclusion and FinTech on youth labour force participation in the MENA region |
| title_full_unstemmed | Analysis of the impact of financial inclusion and FinTech on youth labour force participation in the MENA region |
| title_short | Analysis of the impact of financial inclusion and FinTech on youth labour force participation in the MENA region |
| title_sort | analysis of the impact of financial inclusion and fintech on youth labour force participation in the mena region |
| topic | financial inclusion fintech labour force propensity score matching mena g50 j21 n2 |
| url | https://doi.org/10.18559/ebr.2024.4.1668 |
| work_keys_str_mv | AT elmasmarihanane analysisoftheimpactoffinancialinclusionandfintechonyouthlabourforceparticipationinthemenaregion AT amaghoussjabrane analysisoftheimpactoffinancialinclusionandfintechonyouthlabourforceparticipationinthemenaregion |