Publication Details

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PRINCE ASARE VITENU-SACKEY

  • NUGS-Zhenjiang
  • Applied Economics-finance (Masters)
  • Jiangsu University
Other-Publications (14)

Access to Finance and Agricultural Exports: A Look into the Top 10 Exporting Countries in Africa 27 Jul 2020

International Journal of Management Sciences and Business Research

Corporate Governance as a Red Flag to Thin Capitalization: Study of Corporate Governance Variables Influencing Thin Capitalization in Ghana 27 Jul 2020

International Journal of Management Sciences and Business Research

Financial Development, Foreign Direct Investment and Banking Sector Performance: Evidence from African Countries with Stock Exchange Market 27 Jul 2020

International Journal of Management Sciences and Business Research

Financial Inclusion and Banks Performance: An Empirical Study of 10 West African Countries Using Panel Cointegration FMOLS Regression Methodology 27 Jul 2020

European Journal of Business and Management

FINANCIAL INCLUSION AND POVERTY ALLEVIATION: THE CONTRIBUTION OF COMMERCIAL BANKS IN WEST AFRICA 27 Jul 2020

International Journal of Business, Economics and Management

How Does Democracy Affect Poverty Alleviation? Empirical Evidence from Africa 27 Jul 2020

International Journal of Management Sciences and Business Research

THE IMPACT OF SOCIAL MEDIA ON ECONOMIC GROWTH: EMPIRICAL EVIDENCE OF FACEBOOK, YOUTUBE, TWITTER AND PINTEREST 27 Jul 2020

International Journal of Business, Economics and Management

ASSESSMENT OF GOVERNMENT EXPENDITURE ON SECONDARY EDUCATION AND ITS IMPACT ON SECONDARY SCHOOL ENROLMENT AND ECONOMIC GROWTH: AN EMPIRICAL EVIDENCE OF 27 Jul 2020

International Journal of Information, Business and Management

Stock Market Capitalization, Foreign Direct Investment and Stock Market Performance: A Comparative Study of Ghana and Nigeria 27 Jul 2020

International Journal of Management Sciences and Business Research

The Contributing Factors to Banks Performance in Ghana: Empirical Evidence from 1996 To 2017 27 Jul 2020

International Journal of Management Sciences and Business Research

The Impact of Infant Mortality on Population Growth: An Empirical Evidence of West Africa 27 Jul 2020

International Journal of Management Sciences and Business Research

The Impact of Personal Remittances, FDI and Exports on Economic Growth: Evidence from West Africa 27 Jul 2020

European Journal of Business and Management

The impact of renewable energy consumption and FDI on carbon emission: An empirical analysis for 15 African countries using panel cointegration regres 27 Jul 2020

International Journal of Management Sciences and Business Research

Financial Development, Foreign Direct Investment and Carbon Emissions: A Comparative Study of West Africa and Southern Africa Regions 13 Sep 2020

International Review of Research in Emerging Markets and the Global Economy (IRREM)

Financial inclusion and economic growth: the role of commercial banks in West Africa
The International Journal of Business and Management Research

27 Jul 2020 | 09:41

Abstract

The economic growth of a country depends on how the units of the economy are financially included to be economically active and viable. This paper examines the role commercial banks play in financial inclusion on economic growth by using panel data on 10 West African countries from 2004 to 2015. Four econometric models are used to statistically infer on the outcome of the study and to find out the long run relationship between financial inclusion and economic growth. The empirical results infer that there is a long run impact of financial inclusion on economic growth and also have a strong positive relationship or impact on economic growth with an effective role played by the commercial banks. The study recommends that commercial banks should be innovative and also reach out to the unbanked populace with enticing products and services. Moreover, governments should create an enabling environment for high financial literacy in education and awareness creation.