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Financial Inclusion in Ethiopia: Using LSMS (Ethiopia Socioeconomic Survey) Data

Abstract: 

Only less than a quarter of Ethiopian adults have a formal account. In this study, the status, level and determinants of financial inclusion and barriers to financial inclusion in Ethiopia are analysed. We found that better education, financial literacy, gender, age, living in an urban area, living in the capital city, and preference for formal financial services are associated with a greater level of financial inclusion in Ethiopia. Furthermore, we found that involuntary and voluntary exclusion are higher in Ethiopia. We recommend policies that could narrow down gender, religious, and urban-rural gaps and foster financial inclusion in Ethiopia.

Corporate Author: 
Ethiopian Economics Association (EEA)
Publisher: 
Ethiopian Economics Association
ISBN/ISSN: 
1993-3681
Primary Descriptors: 

Financial Inclusion

Geographic Descriptors: 
Ethiopia
Cataloge Date: 
10/02/2018
Broad Subject heading: 
Financial Institution
Call Number: 
330.5 ETH JOU 2018
Serial Key Title: 
Ethiopian Journal of Economics
Publication catagory: 
Content type: 
Volume: 
XXVI
Year: 
October 2017
Publication date: 
2018-08-01 00:00:00
Number: 
2
Place of publication: 
Addis Ababa, Ethiopia
Type of material: 
Book
Current frequency: 
Semiannual