Revue d’Economie Théorique et Appliquée ISSN : 1840-7277
Volume 13 – Numéro 2 – Décembre 2023. pp. 169-188 eISSN : 1840-751X
https://doi.org/10.62519/reta.v13n2a2
Effets de l’inclusion financière sur la stabilité financière dans l’Union Économique et Monétaire Ouest Africaine
Moussa COULIBALY Email : mousscoulb@gmail.com Département d’économie - UFR/SJPEG – Université Nazi Boni |
Mots-clés : Inclusion financière – Stabilité financière – UEMOA.
Effects of financial inclusion on financial stability in the West African Economic and Monetary Union.
Summary: This paper analyzes the effects of financial inclusion on financial stability in West African Economic and Monetary Union (WAEMU). To do so, it adopts the ARDL model and uses panel data covering the eight WAEMU countries over 2007-2019 period. The model was estimated by the Pooled Mean Group (PMG) method. The findings show that financial inclusion enhances long-term financial stability in WAEMU. In light of these findings, this paper encourages policymakers and monetary authorities in WAEMU to continue implementing the financial inclusion strategy.
Keywords: Financial inclusion – Financial stability – WAEMU.
JEL Classification: G21 – G28 – N27.
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