A Synthesis on Enablers of Digital Finance in Emerging Economies. Lessons from Zambia.
Derick Ndimbwa
, Abubaker Qutieshat
Digital Finance , Emerging Economies; Legal; Political, and Technology Environment.
Using Zambia as a case study, this study conducted a brief literature review on the synthesis of facilitators of digital finance in emerging economies. The study stated what several academics have argued regarding the weather that drives the expansion of digital finance in emerging nations, such as political, legal, economic, and technical settings. An exhaustive electronic mining of peer-reviewed papers and books on Springer, Google Scholar, and ScienceDirect to locate appro-priate material on the subject matter is required for productive study. The conclusions of the re-view revealed that changes within the political, economic, legal, and technical settings have an honest and negative influence on digital finance in emerging nations. For instance, this research found that, in terms of legislative reforms, there has been a positive adoption of digital money following the passage of the National Payment Systems Act in 2007. On the financial front, digital financial inclusion innovation brings long-term financial performance benefits, such as cheaper expenses and fewer bank branches. External elements such as political, legal, economic, and tech-nological settings even have an influence on the expansion of digital finance, in step with this text. Further, it was found that exogenous elements such as political, legal, economic, and technological settings have a sway on the emergence of digital finance in emerging economies. Countries with more complex financial systems, per this study, enjoy better economic development, faster poverty reduction, and greater income equality
" A Synthesis on Enablers of Digital Finance in Emerging Economies. Lessons from Zambia.", IJSDR - International Journal of Scientific Development and Research (www.IJSDR.org), ISSN:2455-2631, Vol.7, Issue 5, page no.28 - 34, May-2022, Available :https://ijsdr.org/papers/IJSDR2205006.pdf
Volume 7
Issue 5,
May-2022
Pages : 28 - 34
Paper Reg. ID: IJSDR_200309
Published Paper Id: IJSDR2205006
Downloads: 000347211
Research Area: Management
Country: Lusaka, Lusaka, Zambia
ISSN: 2455-2631 | IMPACT FACTOR: 9.15 Calculated By Google Scholar | ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 9.15 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publisher: IJSDR(IJ Publication) Janvi Wave
