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Determinants of financial inclusion and the impact of COVID-19 in the Latin America and Caribbean

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  • Paul ONYINA

Abstract

Purpose: The study examines the determinants of financial inclusion and the impact of COVID-19 in the Latin America and the Caribbean during the pandemic.Methodology: It uses the database from the World Bank’s Global Findex 2021 collected during the COVID-19 pandemic on eight Caribbean countries to run logit regression to investigate the determinants and how COVID-19 influenced financial inclusion.Results: On the main determinants, the study found that female and lower income group individuals have low financial exclusion rate though financial inclusion increases with increase income. Originality of the Paper: The study used data collected during COVID-19 era to investigate how the pandemic affected financial inclusion which is one fo the first of its kind.

Suggested Citation

  • Paul ONYINA, 2024. "Determinants of financial inclusion and the impact of COVID-19 in the Latin America and Caribbean," Journal of Academic Finance, RED research unit, university of Gabes, Tunisia, vol. 15(3), pages 77-94, April.
    • Handle: RePEc:jaf:journl:v:15:y:2024:i:3:n:581
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    More about this item

    Keywords

    financial inclusion; Latin America and the Caribbean (LAC); individual characteristics; and COVID-19;
    All these keywords.

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • N8 - Economic History - - Micro-Business History
    • G3 - Financial Economics - - Corporate Finance and Governance

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