title: Information communication technology and financial inclusion of innovative entrepreneurs

authors: Wellalage, Nirosha Hewa

subjects: Social Sciences

abstract: Financial inclusion (FI) constitutes an absolute priority for poverty alleviation and information communication technology (ICT) is an essential component of any FI strategy that aims to enable access to a wide range of financial products and services. This study explores entrepreneurs’ assessments of the role of ICT on their FI and its effect in Africa. Using data on 1436 entrepreneurs from the World Bank Enterprise Survey database and applying an inverse probability of treatment weighting (IPTW) based on propensity scores, the results of our study show that ICT increases entrepreneurs’ FI. In particular, we find that average FI of entrepreneurs using ICT in their business is approximately 12% higher than their counterparts who do not use ICT. Further, separate treatments of email, website, and mobile phone, show that business website ownership has the highest impact on FI, followed by mobile phone and email. The results are robust through a series of robustness checks including the bivariate probit model, propensity score matching model, and alternative proxies for FI. Our findings confirm the significant role technological deepening plays in advancing FI in Africa and its potential for a wider applicability to other developing economies.

text: Information communication technology and financial inclusion of innovative entrepreneurs Financial inclusion (FI) constitutes an absolute priority for poverty alleviation and information communication technology (ICT) is an essential component of any FI strategy that aims to enable access to a wide range of financial products and services. This study explores entrepreneurs’ assessments of the role of ICT on their FI and its effect in Africa. Using data on 1436 entrepreneurs from the World Bank Enterprise Survey database and applying an inverse probability of treatment weighting (IPTW) based on propensity scores, the results of our study show that ICT increases entrepreneurs’ FI. In particular, we find that average FI of entrepreneurs using ICT in their business is approximately 12% higher than their counterparts who do not use ICT. Further, separate treatments of email, website, and mobile phone, show that business website ownership has the highest impact on FI, followed by mobile phone and email. The results are robust through a series of robustness checks including the bivariate probit model, propensity score matching model, and alternative proxies for FI. Our findings confirm the significant role technological deepening plays in advancing FI in Africa and its potential for a wider applicability to other developing economies.

year: 2021-01-08

title: Empirical testing of genuine savings as an indicator of weak sustainability: A three-country analysis of long-run trends

authors: Hanley, Nick

subjects: Social Sciences

abstract: Genuine Savings has emerged as a widely-used indicator of sustainable development. This approach to conceptualising what sustainability is about has strong links to work published by Anil Markandya and colleagues over 20 years ago. In this paper, we use long-term data stretching back to 1870 to undertake empirical tests of the relationship between Genuine Savings (GS) and future well-being for three countries: Britain, the USA and Germany. Our tests are based on an underlying theoretical relationship between GS and changes in the present value of future consumption. Based on both single country and panel results, we find evidence supporting the existence of a cointegrating (long run equilibrium) relationship between GS and future well-being, and fail to reject the basic theoretical result on the relationship between these two macroeconomic variables. This provides some support for the GS measure of weak sustainability.

text: Empirical testing of genuine savings as an indicator of weak sustainability: A three-country analysis of long-run trends Genuine Savings has emerged as a widely-used indicator of sustainable development. This approach to conceptualising what sustainability is about has strong links to work published by Anil Markandya and colleagues over 20 years ago. In this paper, we use long-term data stretching back to 1870 to undertake empirical tests of the relationship between Genuine Savings (GS) and future well-being for three countries: Britain, the USA and Germany. Our tests are based on an underlying theoretical relationship between GS and changes in the present value of future consumption. Based on both single country and panel results, we find evidence supporting the existence of a cointegrating (long run equilibrium) relationship between GS and future well-being, and fail to reject the basic theoretical result on the relationship between these two macroeconomic variables. This provides some support for the GS measure of weak sustainability.

year: 2016

title: How usable is a smartphone with a Māori-language interface?

authors: Mato, Paora James

subjects: Mäori

abstract: Major languages dominate contemporary technologies. For Mäori, there is opportunity to engage with some technologies using their language and to participate within Mäori- language communities in various digital media. A smartphone launched by Two Degrees Mobile Limited provides a Mäori- language interface option. An initial pilot study indicated users will engage with this interface, but when pushed for time will switch the interface to the English- language option. This paper reports on a study undertaken to test the usability of the smartphone Mäorilanguage interface. Participants reported diffi culties and some frustration as they struggled with new words and unfamiliar uses of words. They also expressed disappointment at poor translations and arbitrary truncations. The feedback highlights perceived shortcomings encountered when technologies that are normally developed and used in a major language are translated for use in minority Indigenous languages. Mäori-language strategies that consider using translated application interfaces should be cognisant of such issues.

text: How usable is a smartphone with a Māori-language interface? Major languages dominate contemporary technologies. For Mäori, there is opportunity to engage with some technologies using their language and to participate within Mäori- language communities in various digital media. A smartphone launched by Two Degrees Mobile Limited provides a Mäori- language interface option. An initial pilot study indicated users will engage with this interface, but when pushed for time will switch the interface to the English- language option. This paper reports on a study undertaken to test the usability of the smartphone Mäorilanguage interface. Participants reported diffi culties and some frustration as they struggled with new words and unfamiliar uses of words. They also expressed disappointment at poor translations and arbitrary truncations. The feedback highlights perceived shortcomings encountered when technologies that are normally developed and used in a major language are translated for use in minority Indigenous languages. Mäori-language strategies that consider using translated application interfaces should be cognisant of such issues.

year: 2016