Date of Publication

12-12-2022

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Applied Economics major in Financial Economics

Subject Categories

Finance and Financial Management

College

School of Economics

Department/Unit

Economics

Thesis Advisor

Albert E. Lamberte
Arlene B. Inocencio
Marites M. Tiongco

Defense Panel Chair

Albert E. Lamberte

Defense Panel Member

Arlene B. Inocencio
Marites M. Tiongco

Abstract/Summary

It has been an important goal for developing nations to decrease financial exclusion as this could support their economic growth. However, there exists limited literature on how financial exclusion could affect a country’s economic growth. This study will consider the case of selected countries in Asia from different income classifications as the subjects of this attempt to compare how financial exclusion could vary given their different income level groups. The distance based approach developed by Sarma (2015) will be used to calculate the financial exclusion index of each country with the use of data from the Financial Access Survey (FAS), from the years 2007 to 2019. Afterwards, a regression test is conducted to test whether there is a linear relationship between financial exclusion and economic growth (which will be measured using GDP growth rate). It was found that financial exclusion has a positive correlation with economic growth however this is due to the nature of the variables chosen.

Abstract Format

html

Language

English

Format

Electronic

Keywords

Financial services industry—Asia; Asia—Economic conditions

Upload Full Text

wf_yes

Embargo Period

12-12-2024

Download

Available for download on Thursday, December 12, 2024

Share

COinS