UNEARTHING GLOBAL FINANCIAL INCLUSION LEVELS AND ANALYSIS OF FINANCIAL INCLUSION AS A MEDIATING FACTOR IN GLOBAL HUMAN DEVELOPMENT
This study is a result of the author’s inquisition to unearth the current values of Global Financial Inclusion and its relationship with economic growth measured by Gross Domestic product(GDP) and human development measured by United Nations Human Development Index (HDI). The Financial Inclusion...
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| Format: | Article |
| Language: | English |
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University in Belgrade
2015-04-01
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| Series: | Serbian Journal of Management |
| Subjects: | |
| Online Access: | http://www.sjm06.com/SJM%20ISSN1452-4864/10_1_2015_May_1-140/10_1_2015_19_32.pdf |
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| author | Roshny Unnikrishnan Lakshmi Jagannathan |
| author_facet | Roshny Unnikrishnan Lakshmi Jagannathan |
| author_sort | Roshny Unnikrishnan |
| collection | DOAJ |
| description | This study is a result of the author’s inquisition to unearth the current values of Global Financial
Inclusion and its relationship with economic growth measured by Gross Domestic product(GDP) and
human development measured by United Nations Human Development Index (HDI). The Financial
Inclusion (FI) levels are measured using Index for Financial Inclusion .The relationship between
GDP and HDI with FI as mediator, using multiple regression, is validated on a global level based on
data of 162 countries for the year 2011. An overall global mediation analysis is undertaken to
establish Financial Inclusion as a mediating factor and partial mediation on human development is
validated. The study is valid and unique in the global context of income inequality prevailing in
developed, developing and underdeveloped countries as it validates the argument that an impressive
GDP performance does not ensure equity in economic growth. |
| first_indexed | 2024-12-10T06:54:52Z |
| format | Article |
| id | doaj.art-24793722df8e48ce98b0f907b5d11a2b |
| institution | Directory Open Access Journal |
| issn | 1452-4864 2217-7159 |
| language | English |
| last_indexed | 2024-12-10T06:54:52Z |
| publishDate | 2015-04-01 |
| publisher | University in Belgrade |
| record_format | Article |
| series | Serbian Journal of Management |
| spelling | doaj.art-24793722df8e48ce98b0f907b5d11a2b2022-12-22T01:58:28ZengUniversity in BelgradeSerbian Journal of Management1452-48642217-71592015-04-01101193210.5937/sjm10-5363 UNEARTHING GLOBAL FINANCIAL INCLUSION LEVELS AND ANALYSIS OF FINANCIAL INCLUSION AS A MEDIATING FACTOR IN GLOBAL HUMAN DEVELOPMENTRoshny Unnikrishnan0Lakshmi Jagannathan1The Oxford College of Business management, MBA departmentbInnovation & Entrepreneurship Development Centre, Dayananda Sagar InstitutionsThis study is a result of the author’s inquisition to unearth the current values of Global Financial Inclusion and its relationship with economic growth measured by Gross Domestic product(GDP) and human development measured by United Nations Human Development Index (HDI). The Financial Inclusion (FI) levels are measured using Index for Financial Inclusion .The relationship between GDP and HDI with FI as mediator, using multiple regression, is validated on a global level based on data of 162 countries for the year 2011. An overall global mediation analysis is undertaken to establish Financial Inclusion as a mediating factor and partial mediation on human development is validated. The study is valid and unique in the global context of income inequality prevailing in developed, developing and underdeveloped countries as it validates the argument that an impressive GDP performance does not ensure equity in economic growth.http://www.sjm06.com/SJM%20ISSN1452-4864/10_1_2015_May_1-140/10_1_2015_19_32.pdfgross domestic product (GDP)financial inclusion (FI)human development index (HDI)mediation analysismultiple regression analysis |
| spellingShingle | Roshny Unnikrishnan Lakshmi Jagannathan UNEARTHING GLOBAL FINANCIAL INCLUSION LEVELS AND ANALYSIS OF FINANCIAL INCLUSION AS A MEDIATING FACTOR IN GLOBAL HUMAN DEVELOPMENT Serbian Journal of Management gross domestic product (GDP) financial inclusion (FI) human development index (HDI) mediation analysis multiple regression analysis |
| title | UNEARTHING GLOBAL FINANCIAL INCLUSION LEVELS AND ANALYSIS OF FINANCIAL INCLUSION AS A MEDIATING FACTOR IN GLOBAL HUMAN DEVELOPMENT |
| title_full | UNEARTHING GLOBAL FINANCIAL INCLUSION LEVELS AND ANALYSIS OF FINANCIAL INCLUSION AS A MEDIATING FACTOR IN GLOBAL HUMAN DEVELOPMENT |
| title_fullStr | UNEARTHING GLOBAL FINANCIAL INCLUSION LEVELS AND ANALYSIS OF FINANCIAL INCLUSION AS A MEDIATING FACTOR IN GLOBAL HUMAN DEVELOPMENT |
| title_full_unstemmed | UNEARTHING GLOBAL FINANCIAL INCLUSION LEVELS AND ANALYSIS OF FINANCIAL INCLUSION AS A MEDIATING FACTOR IN GLOBAL HUMAN DEVELOPMENT |
| title_short | UNEARTHING GLOBAL FINANCIAL INCLUSION LEVELS AND ANALYSIS OF FINANCIAL INCLUSION AS A MEDIATING FACTOR IN GLOBAL HUMAN DEVELOPMENT |
| title_sort | unearthing global financial inclusion levels and analysis of financial inclusion as a mediating factor in global human development |
| topic | gross domestic product (GDP) financial inclusion (FI) human development index (HDI) mediation analysis multiple regression analysis |
| url | http://www.sjm06.com/SJM%20ISSN1452-4864/10_1_2015_May_1-140/10_1_2015_19_32.pdf |
| work_keys_str_mv | AT roshnyunnikrishnan unearthingglobalfinancialinclusionlevelsandanalysisoffinancialinclusionasamediatingfactoringlobalhumandevelopment AT lakshmijagannathan unearthingglobalfinancialinclusionlevelsandanalysisoffinancialinclusionasamediatingfactoringlobalhumandevelopment |