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on Financial Literacy and Education |
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Issue of 2018‒12‒03
three papers chosen by |
| By: | Obisesan, A.; Adeyonu, A. |
| Abstract: | This study investigates financial inclusion of smallholder arable crop farmers in Nigeria. Primary data were collected for the purpose of the study. Descriptive statistics and Logit regression model were employed in the analysis. The average age of the respondents was 43.67years and male actively participated in food crop production more than female. Though 64.16% of the respondents had access to banks within their community, only 27.65% are banked. Fear of insolvency (90.57%), lack of required form of identification (31.13%), lengthy process (29.72%) and distance to the nearest bank (50.94% ) are the main barriers to opening a bank account. Co-operative is the major means of savings as well as source of credit. Farmers awareness of agricultural insurance scheme is low, however, more than half of the farmers are willing to participate. Age, labour cost and cultivation of improved varieties had negative and significant effect on willingness to participate while awareness, years of formal education, credit access and membership of association had significant positive effect on willingness to participate. Hence, financial institutions should consider boosting their services to arable crop farmers and create enabling environment that will facilitate financial inclusion of farmers in Nigeria. Keywords: Financial services, Arable crops, Farmers, Nigeria Acknowledgement : |
| Keywords: | Crop Production/Industries |
| Date: | 2018–07 |
| URL: | http://d.repec.org/n?u=RePEc:ags:iaae18:277270&r=fle |
| By: | Joon Nak Choi (Adjunct Assistant Professor，School of Business and Management, Hong Kong University of Science and Technology; Institute for Emerging Market Studies， Hong Kong University of Science and Technology) |
| Abstract: | Joon Nak Choi, Adjunct Assistant Professor at the School of Business and Management and Faculty Associate at the Institute for Emerging Market Studies at the Hong Kong University of Science and Technology, expressed his view on the Export-oriented industrialization in Korean economy. As firms in a rising China have upgraded their industrial competitiveness, Korean firms have lost ground in industries that they dominated not long ago. Prioritizing capabilities needed for export-oriented industrialization had the unintended effect of stunting SMEs and limiting their capabilities. It is important for Korea to focus on policies intended to remedy the historical underdevelopment of the SME sector. |
| Keywords: | korea, financial inclusion, china, entrepreneurship |
| Date: | 2018–06 |
| URL: | http://d.repec.org/n?u=RePEc:hku:briefs:201823&r=fle |
| By: | Ozili, Peterson K |
| Abstract: | Microfinance is crucial to accelerate economic growth in a country, and is also important for financial inclusion. This article is a concise brief on some microfinance delivery models with the aim to identify some lesson learned. Microfinance offers positive prospects for stronger development finance. The support of the government should be sustained and the model of microfinance delivery model should be reviewed from time to time. |
| Keywords: | microfinance, entrepreneurship, financial inclusion, development, finance, small business, |
| JEL: | A1 G21 G28 I31 I32 I38 I39 O2 |
| Date: | 2018–11–21 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:90221&r=fle |