The Moderating Role of Financial Development on the Relationship between Financial Inclusion & FDI: Case of Lower- Middle Income Group of Countries | ||
| المجلة العلمية للدراسات والبØوث المالية والتجارية | ||
| Article 24, Volume 4, Issue 1, January 2023, Pages 703-749 PDF (1.2 M) | ||
| Document Type: المقالة الأصلية | ||
| DOI: 10.21608/cfdj.2023.258062 | ||
| Author | ||
| رغده سعيد اØمد سعيد اØمد | ||
| جامعة 6 اکتوبر | ||
| Abstract | ||
| This study aims to examine the relationship between FDI &financial inclusion (FI)without any moderators, and examines if a moderator like FD, which has an effect on both FI & FDI can affect the relationship between FDI & FI. The study uses panel data analysis with the available data of 2010–2020-time span for 48 countries classified under the class of lower middle-income group. And it is found that FDI has a significant positive effect on FI directly without any moderator. Additionally, FI has a significant impact on FDI in existence of the moderator FD. | ||
| Keywords | ||
| financial inclusion - foreign direct investment - financial development; exclusion; financial stability; sustainable development; economic growth; ending poverty; lower middle-income group; inclusive growth | ||
|
Statistics Article View: 308 PDF Download: 563 |
||
