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Factors affecting financial inclusion in transitional country: A case of Vietnam

International Journal of Social Science and Economics Invention

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Field Value
 
Title Factors affecting financial inclusion in transitional country: A case of Vietnam
 
Creator Do, Linh Hoai
Ngo, Xuan Thanh
Luu, Linh Tuan
Cao, Thuy Thu
 
Description The authors aim at investigating factors driving and hindering financial inclusion in Vietnam. The dataset was achieved from the 2017 Global Financial Inclusion (Global Findex) Database of Vietnam along with two probit regressions were used to indentify factors driving access to formal financial system. The results showed that key obstacles to have a formal account are income shortage, education attainment, geographical location and individual perceptions. Converserly, age made a huge indicator of usage of formal financial services. Based on these findings, some recommendations were proposed to enhance financial inclusion for people in emerging countries such as Vietnam.
 
Publisher International Scientific Invention Journals
 
Date 2020-01-02
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.ijssei.in/index.php/ijssei/article/view/180
10.23958/ijssei/vol05-i12/180
 
Source International Journal of Social Science and Economics Invention; Vol 5 No 12 (2019); 194 to 201
2455-6289
 
Language eng
 
Relation http://www.ijssei.in/index.php/ijssei/article/view/180/90
 
Rights Copyright (c) 2019 International Journal of Social Science and Economics Invention
http://creativecommons.org/licenses/by-nc-sa/4.0