أثر الشمول المالي على النمو الاقتصادي في سنغافورة The Impact of Financial Inclusion on Economic Growth in Singapore

Faculty Asian Studies Year: 2024
Type of Publication: ZU Hosted Pages: 33
Authors:
Journal: مجلة السياسة والاقتصاد كلية السياسة والاقتصاد- جامعة بنى سويف Volume:
Keywords : , الشمول المالي , النمو الاقتصادي , سنغافورة , Impact    
Abstract:
The study concluded that financial inclusion plays a pivotal role in promoting sustainable economic growth in Singapore and should be an integral part of national strategies to achieve inclusive development. The analytical study is based on data derived from reports by financial institutions and central banks in Singapore, as well as data from international organizations such as the World Bank and the International Monetary Fund. Quantitative and qualitative data analysis methods were used to assess the impact of financial inclusion on GDP. The results showed a strong positive relationship between financial inclusion and economic growth in Singapore. It was observed that increased access to financial services led to improved living standards, higher employment rates, and increased private investment. The study also indicated that financial inclusion helps reduce economic disparities among different social classes by providing equal economic opportunities for all. The study also provides recommendations for enhancing financial inclusion requirements, such as strengthening digital infrastructure, offering financial literacy programs, and encouraging innovation in financial services. Additionally, it discusses the lessons learned and their potential application in the Arab Republic of Egypt, along with the potential impacts of implementing financial inclusion in the Egyptian economy. Keywords: Financial Inclusion, Economic Growth, Singapore, Financial innovation Sustainable Development, Investment.
   
     
 
       

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