To read the full version of this content please select one of the options below:

Financial inclusion, shocks and coping strategies: survey evidence from Uganda

Joseph Mawejje (The World Bank, Juba, South Sudan)

African Journal of Economic and Management Studies

ISSN: 2040-0705

Article publication date: 1 May 2019

Issue publication date: 19 August 2019

Abstract

Purpose

The purpose of this paper is to investigate the roles that access formal and informal finance as well as mobile money play in facilitating the choice of coping strategies that households adopt.

Design/methodology/approach

The research methodology considers the estimation of binary outcome maximum likelihood probit models for each coping strategy on a vector of covariates that include measures of financial inclusion, household characteristics and community variables.

Findings

The author finds that financial inclusion is associated with a higher likelihood of adopting market-oriented strategies such as selling assets or borrowing and lower likelihood for non-market strategies such as reliance on informal networks and reducing consumption.

Originality/value

To the best of the author’s knowledge, this paper provides the first empirical attempt examining the pathways through which financial inclusion may facilitate the choice of coping strategies using nuanced household data.

Keywords

Citation

Mawejje, J. (2019), "Financial inclusion, shocks and coping strategies: survey evidence from Uganda", African Journal of Economic and Management Studies, Vol. 10 No. 3, pp. 286-298. https://doi.org/10.1108/AJEMS-10-2018-0325

Publisher

:

Emerald Publishing Limited

Copyright © 2019, Emerald Publishing Limited