Economic Notes最新文献

Self-Help Group-Bank Linkage Programme as Driver of Rural Financial Inclusion: A Conceptual Analysis and Enhanced Framework 推动农村普惠金融的自助团体-银行联动项目：概念分析与强化框架

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Economic Notes Pub Date : 2026-10-13 DOI: 10.1111/ecno.70034

T. Raja Rupa, G. Parimalarani

{"title":"Self-Help Group-Bank Linkage Programme as Driver of Rural Financial Inclusion: A Conceptual Analysis and Enhanced Framework","authors":"T. Raja Rupa, G. Parimalarani","doi":"10.1111/ecno.70034","DOIUrl":"https://doi.org/10.1111/ecno.70034","url":null,"abstract":"<div>\u0000 \u0000 <p>Self-Help Group (SHG)-Bank Linkage Programmes have emerged as an important mechanism for promoting rural financial inclusion by connecting underserved communities with formal banking institutions. Despite significant progress in expanding banking outreach, many rural households, particularly women and low-income groups, continue to experience barriers in accessing formal credit, savings facilities, and financial services. This study examines the role of SHG-Bank Linkage Programmes in strengthening financial inclusion through a conceptual analysis of existing research, institutional reports, and secondary evidence. The study focuses on four major dimensions: access to formal credit, savings behaviour and financial literacy, women's empowerment, and community-level economic development. The analysis highlights that SHG-bank partnerships reduce credit barriers through collective savings, peer accountability, and group-based lending mechanisms. These programmes also contribute to women's economic participation by improving financial confidence, leadership capacity, and involvement in household and community decision-making. However, challenges such as regional disparities, digital barriers, uneven SHG performance, and sustainability concerns remain significant. Based on the evidence reviewed, the study proposes an enhanced SHG-Bank Linkage framework incorporating digital financial services, financial literacy initiatives, entrepreneurship support, and stronger institutional coordination. The proposed framework provides a conceptual pathway for strengthening inclusive and sustainable rural financial systems. The result shows that the enhanced version of the model achieves better financial reach by expanding credit access for SHG members from 58% to 85%. The future scope of SHG-Bank linkage programmes lies in leveraging digital technologies to expand outreach and enhance financial literacy, thereby deepening financial inclusion in rural areas.</p>\u0000 </div>","PeriodicalId":44298,"journal":{"name":"Economic Notes","volume":"55 3","pages":""},"PeriodicalIF":1.0,"publicationDate":"2026-10-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"149205747","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Political Risk and Country Governance as Drivers of Bank Profitability: An Insight From a Sub-Saharan African Country 政治风险和国家治理是银行盈利能力的驱动因素：来自撒哈拉以南非洲国家的洞察

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Economic Notes Pub Date : 2026-09-17 DOI: 10.1111/ecno.70031

Misrak Tesfaye Abate

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Economic Policy Uncertainty and Bank-Level Stock Returns Volatility of the United States: A Mixed-Frequency Perspective 经济政策不确定性与美国银行级股票收益波动：一个混合频率的视角

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Economic Notes Pub Date : 2026-09-15 DOI: 10.1111/ecno.70032

Afees Adebare Salisu, Ahamuefula Ephraim Ogbonna, Elie Bouri, Rangan Gupta

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Magnetic Macro Drivers of Trade Openness: A Study of MENA Countries 贸易开放的磁性宏观驱动：中东和北非国家的研究

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Economic Notes Pub Date : 2026-08-18 DOI: 10.1111/ecno.70030

Shahida Suleman, Hassanudin Mohd Thas Thaker, Muhammad Arsalan Hashmi, Calvin W. H. Cheong, Sidra Naz

{"title":"Magnetic Macro Drivers of Trade Openness: A Study of MENA Countries","authors":"Shahida Suleman, Hassanudin Mohd Thas Thaker, Muhammad Arsalan Hashmi, Calvin W. H. Cheong, Sidra Naz","doi":"10.1111/ecno.70030","DOIUrl":"https://doi.org/10.1111/ecno.70030","url":null,"abstract":"<div>\u0000 \u0000 <p>The purpose of this research is to systematically scrutinise the influence of macro determinants on trade openness, through the lens of various trade theories, with a particular focus on the economies of the Middle East North African countries from 1995 to 2023. The analysis uses advanced panel regressions, stepwise regression for model selection, fully modified ordinary least squares, Pooled ordinary least square, and fixed effects method. The long-run dynamics were tested using Pedroni cointegration, while Granger causality testing was used to examine the causal direction between the trade openness and trade drivers. The results show both long-run and short-term relationships between trade openness and (i) human capital, (ii) gross national savings, (iii) foreign direct net flow investment and (iv) exchange rate. The researchers also detected unidirectional and bidirectional causality relationships between trade openness to these four factors. The study also revealed that gross national savings emerge as the most influential driver of trade openness, and the exchange rate does not exhibit economic significance concerning the trade openness of Middle East North African countries.</p>\u0000 </div>","PeriodicalId":44298,"journal":{"name":"Economic Notes","volume":"55 3","pages":""},"PeriodicalIF":1.0,"publicationDate":"2026-08-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148783958","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

A Non-Linear Analysis of Financial Inclusion and Carbon Intensity in Sub-Saharan Africa 撒哈拉以南非洲地区金融包容性与碳强度的非线性分析

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Economic Notes Pub Date : 2026-08-04 DOI: 10.1111/ecno.70029

Joel Victor Dossa, Neema Werema Mwita, James Mhoja Dossa, Salome Reuben Charles, Grace Jeremiah Mushi

{"title":"A Non-Linear Analysis of Financial Inclusion and Carbon Intensity in Sub-Saharan Africa","authors":"Joel Victor Dossa, Neema Werema Mwita, James Mhoja Dossa, Salome Reuben Charles, Grace Jeremiah Mushi","doi":"10.1111/ecno.70029","DOIUrl":"https://doi.org/10.1111/ecno.70029","url":null,"abstract":"<div>\u0000 \u0000 <p>This study provides novel empirical evidence on the non-linear relationship between financial inclusion (FI) and carbon intensity (CI) in Sub-Saharan Africa (SSA), analyzing panel data from 35 countries between 2000 and 2022. Grounded in the Environmental Kuznets Curve and Ecological Modernization Theory, the findings reveal a robust inverted U-shaped pattern: at early stages, expanding FI leads to increased carbon intensity due to credit-driven economic growth and energy use, while beyond a critical threshold, further FI development facilitates reductions in carbon emissions through improved access to green technologies and sustainable finance. This dual effect varies by country characteristics, with the turning point more pronounced in low-income, low-growth nations. The study employs a multi-method approach including fixed-effects, System GMM, DCCE-MG, and Augmented Mean Group estimators, with multiple robustness checks, to account for endogeneity, cross-sectional dependence, and cross-country heterogeneity. Policy implications emphasize the need for stage-sensitive strategies that integrate environmental incentives into financial systems, such as green credit and tax relief, to harness FI's potential for sustainable development in SSA. By focusing on the FI-environment nexus in an African context, this research fills a critical gap and offers actionable insights for aligning financial inclusion with climate goals.</p>\u0000 </div>","PeriodicalId":44298,"journal":{"name":"Economic Notes","volume":"55 3","pages":""},"PeriodicalIF":1.0,"publicationDate":"2026-08-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148752605","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Issue Information (ECNO) 发行信息（ECNO）

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Economic Notes Pub Date : 2026-07-27 DOI: 10.1111/ecno.70028

引用次数: 0

Can ICT Make Small Beautiful?: Examining the Role of ICT in Affecting Credit Behaviour of SMEs in India 信息通信技术能让小变得美丽吗？：研究信息通信技术在影响印度中小企业信贷行为中的作用

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Economic Notes Pub Date : 2026-07-27 DOI: 10.1111/ecno.70027

Ritika Jain, Shreya Biswas

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Impact of Green Credit and Financial Regulation on Corporate Green Innovation in India 绿色信贷与金融监管对印度企业绿色创新的影响

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Economic Notes Pub Date : 2026-07-15 DOI: 10.1111/ecno.70026

Nenavath Sreenu

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Cash Persists: Payments Preferences and Currency Holdings in India 现金依然存在：印度的支付偏好和货币持有

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Economic Notes Pub Date : 2026-07-04 DOI: 10.1111/ecno.70025

Anirudh Tagat, Mehmet Özmen, Pushpa L. Trivedi

引用次数: 0

Bridging the Implementation Gap: Institutional Logics and Employee Awareness in Afghanistan's Financial Inclusion Agenda 弥合实施差距：阿富汗普惠金融议程中的制度逻辑和员工意识

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Economic Notes Pub Date : 2026-06-22 DOI: 10.1111/ecno.70023

Shujaullah Khwajazada, Remya Ramachandran

{"title":"Bridging the Implementation Gap: Institutional Logics and Employee Awareness in Afghanistan's Financial Inclusion Agenda","authors":"Shujaullah Khwajazada, Remya Ramachandran","doi":"10.1111/ecno.70023","DOIUrl":"https://doi.org/10.1111/ecno.70023","url":null,"abstract":"<div>\u0000 \u0000 <p>This study examines why Afghanistan's financial inclusion agenda consistently fails at the point of implementation, despite strong policy commitments and global support. Moving beyond conventional explanations that attribute failure to macro-level constraints, the research investigates how institutional conflict and frontline discretion interact to shape outcomes within the banking sector. Using an integrated framework that brings together Institutional Theory, the Technology-Organization-Environment (TOE) model and Street-Level Bureaucracy, the study draws on semi-structured interviews with mid- and senior-level banking professionals and policymakers. The findings reveal that Afghanistan's hostile TOE environment—marked by insecurity, infrastructural weakness and regulatory fragility—creates powerful commercial and security logics inside banks that overshadow policymakers' developmental logic. This misalignment produces what appears to be an ‘employee awareness gap’, but the study reframes this as a rational discretionary response by frontline staff navigating conflicting institutional priorities and personal risk. Ultimately, the implementation gap emerges not from poor training or weak will, but from unresolved institutional tensions processed through everyday banking practice. The study contributes a novel multi-level explanation for policy failure in fragile contexts and offers practical guidance for designing financial inclusion strategies that align with institutional realities and the lived experiences of implementers.</p>\u0000 </div>","PeriodicalId":44298,"journal":{"name":"Economic Notes","volume":"55 2","pages":""},"PeriodicalIF":1.0,"publicationDate":"2026-06-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148324192","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0