Semantic Scholar Open Access 2018 51 sitasi

FinTech in Sub-Saharan Africa: What Has Worked Well, and What Hasn't

D. Yermack

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Abstrak

The FinTech sector has begun to grow rapidly in sub-Saharan Africa. I document far greater adoption of social media, digital currency, ride sharing, and other FinTech applications in countries with a common law legal heritage compared to those with a civil law system, suggesting that legal origin plays a critical role in setting the stage for growth through entrepreneurship in the developing world. The electrical, telecom, and Internet infrastructure required for FinTech has been built out more extensively in common law countries. Financial inclusion outcomes are also better in emerging markets that have a common law heritage.

Topik & Kata Kunci

Business

Penulis (1)

D. Yermack

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Yermack, D. (2018). FinTech in Sub-Saharan Africa: What Has Worked Well, and What Hasn't. https://doi.org/10.3386/W25007

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Lihat di Sumber doi.org/10.3386/W25007

Informasi Jurnal

Tahun Terbit: 2018
Bahasa: en
Total Sitasi: 51×
Sumber Database: Semantic Scholar
DOI: 10.3386/W25007
Akses: Open Access ✓