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, Page 703-749 PDF (1.2 MB) | ||||
| Document Type: المقالة الأصلية | ||||
| DOI: 10.21608/cfdj.2023.258062 | ||||
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| 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 | ||||
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