Financial Inclusion in the Middle East and North Africa: Challenges and Opportunities (notice n° 468240)

détails MARC
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control field 20250121053507.0
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100 10 - MAIN ENTRY--PERSONAL NAME
Personal name Mekouar, Youssef
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245 00 - TITLE STATEMENT
Title Financial Inclusion in the Middle East and North Africa: Challenges and Opportunities
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2020.<br/>
500 ## - GENERAL NOTE
General note 28
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Summary, etc. Despite a steady increase in their outreach over the past decade, the countries of the Mediterranean basin continue to lag behind their neighbors in terms of breadth, scale, and diversity of their financial sectors. Across the whole region, a huge gap remains between the demand and provision of financial services: almost 100 million adults are still outside the formal financial system, and those segments of the population that are excluded from financial markets are also the most economically vulnerable. The political context (major political upheavals in 2011), the mistrust of financial actors towards the “bottom of the pyramid”, the restrictive regulations surrounding microfinance and the lack of awareness of the financial offer by potential beneficiaries explain this limited financial inclusion. Nevertheless, in the wake of the Arab Spring, many governments have become aware of the importance of improving access to financial services, and are updating their regulatory frameworks. The arrival of new actors (mobile operators, agent networks, payment institutions) also promotes financial progress and innovation in the basin, and may soon allow Mediterranean countries to include their still excluded populations in the formal financial system JEL Codes: G21, O16, O25, O55.
700 10 - ADDED ENTRY--PERSONAL NAME
Personal name Robert, Juliette
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786 0# - DATA SOURCE ENTRY
Note Revue d'économie financière | 136 | 4 | 2020-05-11 | p. 315-342 | 0987-3368
856 41 - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://shs.cairn.info/journal-revue-d-economie-financiere-2019-4-page-315?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-revue-d-economie-financiere-2019-4-page-315?lang=en&redirect-ssocas=7080</a>

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